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IKEA teams up with Trustly for a better global payment experience

Stockholm, Sweden, November 11, 2021 – Trustly, the leading global payments platform for digital account-to-account transactions is announcing a partnership with IKEA.

Trustly will enable IKEA customers to pay for their purchases directly from their online bank account through the partnership. Trustly offers IKEA access to more than 30 countries through an API integration, initially in Austria and with a possibility  to extend to other European countries in the future.

IKEA is a global leader in the area of the customer payment experience. Trustly’s global offer supports high transaction values, settlement of payments, reduced administration and simplifies reconciliation, keeping IKEA at the forefront of innovation. This will support IKEA in focusing on its Vision: to create a better everyday life for the many people.

Johan Nord, Chief Business Officer at Trustly, says: “IKEA offers a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible can afford them. Trustly supports IKEA with our account-to-account payment method that doesn’t require a credit card, app or registration. Together, we can make IKEA products available for the many people in a seamless way.” 

 

For more information:

Meredith Popolo, Head of PR & Communications at Trustly

+46 (0)70-961 15 83

meredith.popolo@trustly.com

 

About Trustly

Founded in 2008, Trustly is a global leader in online banking payments. Our digital account-to-account platform redefines the speed, simplicity and security of payments, linking some of the world’s most prominent merchants with consumers directly from their online banking accounts. Trustly can handle the entire payment journey, setting us apart from the competition and enabling us to offer an attractive alternative to the traditional card networks at a lower cost. Today we serve 8,000 merchants, connecting them with 525 million consumers and 6,300 banks in over 30 countries; and in 2020 we processed over $21 billion in transaction volume in our global network. 

Trustly has 600 employees across Europe, North America and Latin America. We are a licensed Payment Institution under the second payment services directive (PSD2) and operate under the supervision of the Swedish Financial Supervisory Authority in Europe. In the US, we are state regulated as required to serve our target markets. Read more at www.trustly.com.