Trustly (formerly known as PayWithMyBank in the U.S.) is now a Nacha Preferred Partner for Online Banking Payment & Verification.
In becoming a Nacha Preferred Partner, Trustly joins a select group of innovators contributing to Nacha’s strategic efforts in support of the ACH payments ecosystem by removing friction, increasing ease, improving cash flow accessibility and efficiency, as well as supporting sound risk management and security for ACH payments.
“Our Preferred Partners play a key role in the nation’s smarter, faster and safer payments environment,” said Nacha President and CEO Jane Larimer. “We welcome Trustly as a Preferred Partner for their online banking payment and verification services; we look forward to working with them.”
Trustly’s selection as a Preferred Partner was driven by its focus on making online bank payments seamless and safe around the globe for consumers and merchants. Their solutions currently are available across 29 European countries and the U.S.
“We are proud to become a Nacha Preferred Partner to accelerate our mission to make online bank payments simple, safe and guaranteed in real time in the U.S and internationally,” said Alexandre Gonthier, CEO of Trustly, Inc.
To learn more about Trustly and Nacha’s Preferred Partner Program, visit www.nacha.org/Preferred-Partner.
Nacha is a nonprofit organization that convenes hundreds of diverse organizations to enhance and enable ACH payments and financial data exchange within the U.S. and across geographies. Through the development of rules, standards, governance, education, advocacy, and in support of innovation, Nacha’s efforts benefit all stakeholders. Nacha is the steward of the ACH Network, a payment system that universally connects all U.S. bank accounts and facilitates the movement of money and information. In 2018, there were 27 billion ACH payments, and more than $51 trillion in value moved across the ACH Network. Nacha also leads groups focused on API standardization and B2B payment enablement. Visit nacha.org for more information, and connect with us on LinkedIn, Twitter, Facebook and YouTube.
Founded in 2008, Trustly is the global leader in Online Banking Payments. Our account-to-account network bypasses the card networks, enabling consumers to make fast, simple and secure payments to merchants directly from their online banking accounts. With support for more than 6,000 banks, around 600 million consumers across Europe and North America can pay with Trustly. We serve many of the world’s most prominent merchants within e-commerce, financial services, gaming, media, telecom and travel, which all benefit from increased consumer conversion and reduced operations, fraud and chargeback costs.
Trustly has 400 employees across Europe, the US 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/us.