Open Banking payments specialist Trustly partners with Futon Company to boost customers’ checkout experience

Trustly, a specialist in Open Banking payments, has announced a partnership with Futon Company to introduce its 'pay by bank' service to their customers.

Pay by bank is an account-to-account payment method. It enables consumers to make direct payments to merchants from their bank accounts. 

When opting for it, consumers are directed to their mobile banking app or online banking portal, where they can execute instant payments.

The solution automatically fills in all necessary payment details, such as the recipient's bank information and the payment amount, streamlining the transaction process.

Jussi Lindberg, Chief Revenue Officer at Trustly, comments: “Open Banking payments are rapidly becoming the preferred payment method, and we're excited to enhance the checkout experience for Futon Company's customers.”

“This solution allows Futon Company to tailor its checkout process, improving conversion rates and delivering top-quality service. We're committed to expanding open banking solutions across the UK and helping as many companies and customers as possible benefit from its advantages”

Vladimir Pomitun, E-commerce Director at Futon Company, says: “Futon Company is thrilled to partner with Trustly to provide our customers with an exceptional payment experience.”

“We are excited to lead in this evolving technological field, showcasing the significant cost savings and efficiency improvements it offers both us and our customers.”