What is TrustPay? TrustPay Review, Features

Founded in 2009, TrustPay is the first financial institution in the European Economic Area to provide secure e-commerce payment services.

About TrustPay

• TrustPay was founded in 2009 and is the first financial institution in the region to provide secure e-commerce payments in the EEA. Since its inception, it has focused on providing innovative payment services to online businesses with cross-border influence, providing a variety of payment solutions;
• TrustPay has principal memberships with VISA Europe, MasterCard and UnionPay, as well as PCI DSS Level 1 certification;
• TrustPay’s product portfolio includes global online card payment processing, modern accounts for online businesses, a rapidly growing portfolio of local payment methods, innovative reconciliation tools, and more;
• TrustPay receives payments from millions of Visa and MasterCards holders worldwide and accepts payments in 170+ currencies. Save time for returning customers through tokenization and securely store their card details. Remit settlements to the user’s bank account of choice in 11 different currencies. Use recurring billing to provide an effortless experience for your subscription customers.

TrustPay coverage areas and coverage rate

In Europe, the country that uses SOFORT Banking online payment the most is Germany, which covers all German banks, followed by Belgium (96.5%), Austria (95.2%), Switzerland, the Netherlands (70%), the United Kingdom, Poland, Italy, France, Spain, Hungary, etc. Currently, more than 30,000 merchants have integrated SOFORT Banking payment, covering e-commerce, aviation, and various online service industries, such as DELL, Skype, FaceBook, KLM Royal Dutch Airlines, Emirates, etc., all support SOFORT Banking payment, and China Airlines also supported SOFORT Banking payment in 2012.

Payment Features

No chargebacks, funds arrive in 2-3 days, and the transaction currency is Euro.