BR-DGE partners with Trustly to enhance open banking connectivity

Edinburgh, 27th June 2024: Leading payment orchestration provider, BR-DGE, has today announced its partnership with a global leader in open banking solutions, Trustly. The integration into BR-DGE’s global orchestration platform will provide its customers with access to Trustly’s global open banking capabilities, which in 2023, processed $58 billion worth of transaction value.

This partnership will allow BR-DGE’s merchants to tap into and offer Trustly as a payment option, enabling the safe, seamless deposit and withdrawal of funds to consumer’s bank accounts, as well as other payments, financial and KYC data products that Trustly offers.

The collaboration will allow merchants to leverage the technology as part of BR-DGE’s payment connectivity network, which is designed to enhance convenience, lower costs and increase checkout conversion rates. In turn, Trustly will gain access to BR-DGE’s global ecosystem that empowers businesses across industries such as travel and transport, digital goods, platform businesses and retail. One of BR-DGE’s major gaming customers will be the first to go live with an integration later this year.

The partnership also extends to supporting iDEAL payments, one of the most widely used online payment methods in the Netherlands. With more than one billion transactions made per year, iDEAL gives consumers a secure and trusted way to make payments direct from bank accounts, opening new avenues for merchants operating in the region.

Commenting on the partnership, Tom Voaden, Head of Partnerships at BR-DGE, said: “We’re focused on building the technology, connections and relationships that deliver measurable value for the whole payment ecosystem. Our partnership with Trustly is another example of exactly this, empowering merchants and payment providers to easily leverage best-in-class solutions – in this case, open banking technology – to deliver enhanced customer experiences and drive profitability.”

Olof Wirfelt, Chief Commercial Officer at Trustly Europe commented:

“BR-DGE stands out as one of Europe's most promising payment orchestration platforms, known for its excellent product and strong team. We are excited to partner with BR-DGE as one of the first open banking payment providers on their platform, confident that our superior account-to-account payments and data products will significantly benefit their customers.”

Led by CEO Thomas Gillan, BR-DGE’s platform is redefining the payments ecosystem, enabling merchants and payment providers to tackle their toughest payment challenges. BR-DGE continues to go from strength to strength following a record year of growth in 2023.

<ENDS>

About BR-DGE

Founded in Edinburgh in 2018, BR-DGE is a global payment orchestration platform. As an entirely independent technology provider, BR-DGE is redefining the ecosystem to deliver value through the entire payments chain.

By serving as a technology anchor-point, BR-DGE enables enterprise merchants, financial institutions, platforms and payment providers to access best-in-class payment tools and products via a single integration. BR-DGE’s modular platform connects with over 300 payment methods and partner solutions, including Visa, Mastercard, PayPal, Discover, Thunes, Trustly, Kount and more, to help clients overcome payment challenges and drive better customer and commercial outcomes for their business.

In 2023, BR-DGE was the first platform to go live with Visa Instalments with a UK merchant and launched BR-DGE Vault, its proprietary, standalone Network Tokenisation solution.

For more information and the latest company news, visit: br-dge.to