FinTech firm Trustly and foodora join forces to offer new Open Banking powered payments solution
Open Banking specialist, Trustly, has announced a partnership with food delivery service, foodora.
The tie up will introduce a new checkout service option for foodora customers.
This will be initially launched in Finland, with imminent plans for expansion into other European markets, including Norway, Sweden, the Czech Republic, and Austria.
Trustly’s technology allows foodora customers to pay for food orders directly from their bank without requiring a credit or debit card.
Herbert Haas, Chief International Officer Europe at foodora, says: “We chose to partner with Trustly as its cutting-edge open banking payment solution aligns perfectly with foodora’s commitment to innovation and to improve the customer experience.”
“Trustly’s technology offers a seamless alternative to traditional card payments, which not only improves the efficiency of transactions for our customers but also has the potential to increase conversion for our partners.”
Jussi Lindberg, Chief Revenue Officer at Trustly, comments: “We are excited to bring Trustly’s Open Banking payment solution to foodora’s platform.”
“Our technology is designed to make online payments as simple and secure as possible. By partnering with foodora, we aim to enhance the payment experience for both customers and vendors, driving higher conversion rates and customer satisfaction.”
2024 RTIH INNOVATION AWARDS
Payments is a key focus area for the sixth edition of the RTIH Innovation Awards, which is now open for entries.
The awards, sponsored by CADS, 3D Cloud, Retail Technology Show 2025, and Business France, celebrate global tech innovation in a fast moving omnichannel world.
It’s free to enter and you can do so across multiple categories.
Key 2024 dates
Friday, 25th October: Award entry deadline
Tuesday, 29th October: 2024 shortlist revealed
30th October-6th November: Judging days
Thursday, 21st November: Winners announced at the 2024 RTIH Innovation Awards ceremony, to be held at RIBA’s 66 Portland Place HQ in Central London.
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