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Swedish financial technologies firm, Trustly Group AB, has announced that it will now be able to offer transatlantic online banking payment services to some 600 million consumers following its merger with American counterpart PayWithMyBank. Consumer convenience:The Stockholm-headquartered firm also has offices in Spain, Finlahorseshoe blackjack side betsnd, Germany, Malta and the United Kingdom and used an official Thursday press release to detail that the union is to allow even more merchants in the United States with ‘a global footprint’ to accept online payments from European customers. The innovator explained that the amalgamation will moreover provide consumers in Europe with additional ways to quickly and securely pay for goods and services from American providers without the use of a credit card. Considerable contact:Established in 2008, Trustly stated that it is a licensed payment institution that holds merchant funds while PayWithMyBank conversely does not retain such cash. Online Casino It furthermore declared that the merged enterprise is to feature shareholders from both firms and create an entity that last year racked up combined revenues of over €100 million (2 million). Online Casino Transatlantic venture:Trustly Group AB detailed that the merger is due to see Alexandre Gonthier, Chief Executive Officer for PayWithMyBank, serve in an analogous position for the enlarged entity’s operations in the United States and lead its efforts at establishing a ‘unique transatlantic payment network’ that is to be ‘based on next-generation online banking payments.

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