Trustly Basics
This is the year Trustly was founded.
What is 2008?
This is the duration (range of time) it typically takes for ACH to process a transaction.
What is 1-3 days?
This 2022 Taylor Swift album became Spotify's most-streamed album in a single day.
What is "Midnights"
This is the secure way for consumers to make payments directly from their bank accounts.
What is Open Banking?
This Swedish fintech company, founded in 2005, is not a competitor to Trustly in the European open banking space.
What is Klarna?
These are the two core product categories offered by Trustly.
What are Payments and Data & Identity?
This type of return occurs when a consumer claims they did not authorize the transaction.
What is an Unauthorized return?
This actor plays the lead in a sci-fi movie based on the work of Andy Weird.
Who is Matt Damon?
These connectors are used by Trustly to obtain data and drive metrics.
What are Financial Institution Connectors (FICs)?
This payment processing company, based in San Francisco, is known for its robust API-driven platform and is a major competitor to Trustly in the online payment space.
What is Stripe?
This technology allows Trustly to safeguard customer data without requiring registration.
What is split-token technology?
This guarantee level covers NSF and Admin returns, but not SUF.
What is Good Funds Guarantee?
What does the bridge to Fiona's castle go over?
What is "Lava"
This feature in Trustly's widget simplifies the payment process for users.
What is Pre-Populated Payment (PPP)?
This fintech company offers open banking solutions and is a competitor to Trustly, particularly in providing real-time financial data integration.
What is Plaid?
This is Trustly's most popular and inclusive guarantee level.
What is Full Guarantee?
This program allows consumers to initiate transactions with higher amounts.
What is the VIP program?
These disc-shaped candies offer flavors reminiscent of classic fizzy beverages.
What are Bottle Caps?
This number is used for consumer identification in Trustly's system.
What is the Account Reference Number (ARN)?
Known for its digital wallet services and extensive merchant network, this company is a key competitor to Trustly in facilitating online transactions.
What is PayPal?
This is the purpose of Trustly's sandbox in their API offering
What is API testing and certification?
These are the three phases of Trustly's collections process.
What are Merchant Collections, Agency or 3rd Party Collections, and Consumer Self-Pay Collections?
This photographic technique, often used to capture both bright and dark areas in a scene, is known by the acronym HDR.
What is High Dynamic Range?
This is the most common type of return in both US and Canada.
What is Non-Sufficient Funds (NSF)?
This company, headquartered in Des Moines, Iowa, provides sophisticated account-to-account payment solutions and competes with Trustly in the fintech sector.
What is Dwolla?