Sweden

IKEA Inks Partnership With Trustly to Enhance Global Payment Experience

by Fintechnews Nordics November 17, 2021

Trustly, a global payments platform for digital account-to-account transactions, has announced a partnership with IKEA.

Through the partnership, Trustly will enable IKEA’s shoppers to pay for their purchases directly from their online bank account.

The collaboration also equips IKEA with a partner for future growth into additional markets as Trustly offers access to more than 30 countries through a single API integration.

The partnership has initially rolled out in Austria and will extend to several other European countries in the coming months.

Trustly’s global offering supports high transaction values, ensures settlement of payments, and simplifies reconciliation, addressing some of IKEA’s biggest payment challenges.

Johan Nord

Johan Nord, Chief Business Officer at Trustly said,

“IKEA aims to offer 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.”

This article first appeared on fintechbaltic.com