Trustly’s UK GM and Director of Travel, Mike Parkinson, reflects on a turbulent year for the travel sector and introduces our new #trustlytravelinsights series.

This interview was first published in The Paypers´s Cross-Border Payments and Ecommerce Report 2020–2021, which assesses the change of pace that occurred in 2020 and provides a comprehensive overview of the major trends driving growth in this space, being the ultimate source of information for players interested in selling across borders.

The Trustly brand is on a journey. We’ve been rebuilding our visual identity to better express our technical leadership, as well as our humanity and optimism. And we’ve been developing a tagline that comes right out of our brand promise.

The European Banking Authority agrees that payments should be simple for consumers. Read our blog post about the guidance they’ve provided on removing friction and improving the user experience when making a bank transfer payment.

Trustly is pleased to announce a new partnership with Northmill, a Swedish technology bank that provides the tools for people to make better financial choices. Thanks to the partnership, customers of Northmill can continue to receive instant pay-outs directly to their bank accounts. Trustly supports all the major Swedish banks.

Skilling, a digital trading platform, has chosen to integrate with Trustly to help its traders deposit and withdraw funds more easily. Through the partnership, Skilling can offer its traders a fast and secure way to start investing in just a few clicks, as well as instant access to their funds. The partnership is now live across all countries where they operate under CySEC licence.

A checkout with only the option to pay by card just won’t cut it anymore.

In September 2019, a new EU payment directive and its technical standards came into full effect – PSD2.

Earlier this spring during MPE Berlin, Trustly’s CEO Oscar Berglund spoke about how Open Banking is making online banking payments into the new champion in town.