Foodora, the leading food delivery platform in Europe, has joined forces with Trustly, a global leader in online banking payments, to launch a new open banking payment solution across Europe. This strategic collaboration will enable Foodora customers to enjoy a seamless and secure payment experience when making orders through the platform.
Open banking is a financial services innovation that enables third-party providers to access consumer bank data, allowing them to develop innovative financial products and services. By leveraging open banking, Trustly and Foodora can offer a faster and more convenient payment solution for customers.
Open banking payment solutions utilize bank-grade security measures, ensuring the protection of customer data. By leveraging open banking, transactions can be processed instantly, providing a seamless and faster payment experience for customers. Customers can securely connect their bank accounts to Foodora’s platform, eliminating the need for manual data entry and simplifying the payment process. Trustly’s open banking platform supports a wide range of European banks, enabling Foodora to reach a larger customer base. The solution complies with regulatory requirements and data privacy regulations, providing peace of mind for customers.
The open banking payment solution is currently available in several countries across Europe, including Germany, Sweden, Finland, Norway, Denmark, and the Netherlands.Foodora and Trustly plan to continuously expand the availability of the solution in additional countries, making seamless food delivery accessible to even more customers.
Foodora and Trustly’s collaboration on an open banking payment solution mark a significant step towards revolutionizing the food delivery industry in Europe. By offering a seamless and secure payment experience, this solution enhances the overall customer experience while promoting convenience and ensuring compliance with regulatory requirements. As Foodora and Trustly continue to broaden the availability of this solution, customers can expect to see further improvements in the speed, efficiency, and safety of their food delivery transactions.