Trustly, a global leader in Pay by Bank solutions, has just unveiled its latest innovation, Trustly ID in Europe.
Trustly, renowned for its seamless payment solutions, aims to enhance user experience with its groundbreaking biometric technology.
The introduction of Trustly ID responds to the growing demand for quicker and more secure login processes. This biometric solution is designed to streamline the way customers access their accounts, ensuring both speed and security without compromising on convenience.
Trustly operates as a pivotal player in the FinTech sector, offering robust Pay by Bank solutions that integrate seamlessly into users’ banking environments. Their services simplify transactions while maintaining high security and user-friendliness.
Trustly ID enhances the user experience by leveraging biometric verification methods like Face ID and fingerprint recognition. Users can set up a passkey once, and on subsequent visits, they can log in instantaneously. This not only speeds up the login process but also integrates securely with KYC storage, allowing for immediate payment and account access post-verification.
This technology plays a crucial role in Trustly’s Pay N Play® solution, especially within the gaming industry. It enables gamers to bypass traditional login methods, offering instant access through biometric data verification, which significantly reduces the hassle of manual logins and KYC procedures.
The initial pilot of Trustly ID is set to launch in Finland, marking the beginning of a broader rollout across various European markets. This introduction promises to reshape login and payment experiences across the region, setting new benchmarks for speed and security in the industry.
Trustly’s new biometric technology has already gained traction among major names in the gaming sector, including Bet365 and LeoVegas, by facilitating instant deposits and enhancing payment security.
Daniel Hecker, chief product officer at Trustly Europe, said: “Trustly ID is a game-changer—bringing the next evolution of speed, security, and convenience to payments. We are simplifying payments and redefining how customers interact with merchants and gaming platforms. By harnessing biometric authentication and our powerful Azura data engine, Trustly ID sets an entirely new standard for the industry. We are thrilled to roll this out in Finland and beyond, ensuring players everywhere enjoy a faster, frictionless, and more secure experience.”
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