The Trustly Blog

Coronavirus pushed quick-service restaurants to invest in contactless payment options and start to realize the benefits; such as minimizing restaurant lines, helping more customers, and encouraging customer loyalty. Restaurants that avoid the potential pitfalls of mobile payments can use this strategy to improve customer service and drive sales in the long run.

Stockholm, Sweden, 2 November 2020 – Trustly, the global leader in online banking payments, is excited to unveil its new visual identity, including a logo, color palette and typeface.

In this article, we'll explore Online Banking Payments history starting from 2006, and how it evolved in the US. You will learn how PayWithMyBank and Nacha operated the platform, and the Secure Vault Payments network was born.

This blog post is based on our recent webinar, hosted by Merchant Risk Council. In the webinar, Nacha and Trustly presented how online banking payment is facilitating ACH for customer payment strategy and providing an innovative and alternative payment method that's the need of these times due to COVID-19.

PayWithMyBank is an online and mobile payment alternative to cards and checks that allows you to pay or get paid using the information you know by heart – your online banking ID and password. We establish a secure connection to your online banking account directly from the site you are on, without ever storing or sharing your information with the site. It’s just between you and your bank.