Helsinki, Finland – August 20th, 2024: foodora, food delivery service, today announces a strategic partnership with Trustly, a pioneering fintech company from Sweden specializing in open banking payment solutions. This collaboration introduces a new, innovative payment method aimed at enhancing the customer experience.
Starting August 27th, foodora customers in Finland can use Trustly’s cutting-edge payment technology, which offers a seamless alternative by reducing payment processing time by up to 50% compared to traditional methods. Consumers will enjoy fewer steps to complete online payments compared to card or other online payment methods, thanks to Trustly’s data engine, Azura, which eliminates the need to enter personal bank details for every transaction.
This partnership reflects foodora’s continuous effort to enhance customer experience and drive innovation within the food delivery industry.
“We are happy to partner with Trustly and introduce this innovative payment solution to our ecosystem in Finland,” said Jacob Segercrantz, Managing Director at foodora Finland. “This collaboration reflects our commitment to leveraging the latest technology to provide the best possible experience. With Trustly, we are confident that our customers and partners can benefit from the efficiency of this new kind of payment method.”
“We are excited to bring Trustly’s open banking payment solution to foodora’s platform,” said Jussi Lindberg, Chief Revenue officer at Trustly. “Our technology is designed to make online payments as simple and secure as possible. By partnering with foodora, we aim to enhance the payment experience for both customers and vendors, driving higher conversion rates and customer satisfaction.”
The integration of Trustly’s payment solution is expected to positively impact customers by providing a quick and seamless payment process.
Following its launch in Finland, foodora plans to roll out Trustly’s payment solution in other markets, including Norway, Sweden, the Czech Republic, and Austria, further solidifying its commitment to innovation across Europe.
Note to editors:
Assets displaying Trustly in the foodora App are available for download here
Media Contact:
Sanna Mämmi
PR & Communications Lead
About foodora
foodora is a food delivery service, operating in 6 countries in Europe – Austria, Czech Republic, Hungary, Finland, Norway and Sweden. foodora’s mission is to deliver an amazing, fast and affordable food delivery experience connecting customers with businesses and riders, giving everyone more time to pursue what matters most to them. foodora delivers a variety of products including groceries, household products and restaurant meals in 30 minutes or less. foodora is part of Delivery Hero, the world’s leading local delivery platform.
About Trustly
Trustly was launched in 2008 and has grown rapidly over the past 16 years to become a global leader in Open Banking Payment solutions. With a mission to make online payments as seamless as possible, Trustly offers an innovative payment platform, bridging the gap between consumers and merchants. Its technology ensures that transactions are processed in real-time, providing both speed and security for all parties involved.
Trustly’s dedication to revolutionizing the payments industry is reflected in its partnerships with major brands such as PayPal, eBay, and Hargreaves Lansdown in Europe and FanDuel, T-Mobile, and Coinbase in North America. To date, Trustly has transformed the performance and experience of payments for over 9,000 merchants in 30+ markets, connecting them to 650+ million consumers through 12,000 banks.
Trustly is a licensed Payment Institution under the second payment services directive (PSD2). It operates under the supervision of the Swedish Financial Supervisory Authority in the EU, EEA and the Financial Conduct Authority in the UK. In the US, Trustly is state-regulated as required to serve its target markets. Read more about Trustly, the modern way to pay, at www.trustly.com.