Trustly, the European payments company, and Nordic software provider Emric, part of Tieto, are delighted to announce a new strategic partnership which will provide Emric’s business customers access to Trustly’s online banking payments technology across Europe.
Emric is a global provider of software solutions for financial institutions developing and managing loans, mortgages, asset finance, and leases. Using Trustly’s online banking technology, Emric’s business clients can enable account holders to make instant pay-ins, pay-outs, as well as to make real-time authentication checks of account holders. This will help businesses to significantly reduce the administrative burden of performing these parts of the credit extension process and mitigate the risk of fraudulent or failed payments while consumers are offered a simple application process, instant access to liquidity and hassle-free repayments.
Trustly’s unique method for direct bank transfers and online payments allows Emric/Tieto to leverage fast, simple and secure online banking payments for their clients, straight to and from consumer bank accounts across 29 European markets.
“Our ambition is to act as a single platform provider for online banks and financial institutions and with that comes the demand of pre-existing integrations to leading FinTech providers in Europe, where Trustly is one of the strongest players. By integrating Trustly’s technology, our clients are given the possibility to serve their customers better. The fact is that their proven product and secure technology is effective across 29 European markets,” said Pedram Tadayon, CEO at Emric.
Oscar Berglund, CEO at Trustly, said: “Emric has grown rapidly over the past few years, bringing new payment solutions to more than 60 businesses in 24 countries. Our technology enables Emric’s clients to access a new market with millions of potential new customers across Europe. This partnership illustrates the significant value Trustly’s products bring to financial institutions across Europe.”