Slovakian Fintech TrustPay Selects ibanXS as Open Banking Platform

In early 2023, TrustPay has reportedly received its Payment Initiation Service Provider (PISP) license and following that, they claim to have selected a partner “with a large reach of connected banks to widen their own reach.”

As a Slovakian payments service provider or PSP, TrustPay says that it “has always been at the forefront of innovation in the payments industry and their license extension is a testament to their commitment to providing the best possible payment solutions to their clients and continuing to drive the industry forward.”

Edy Bruinooge, CCO ibanXS, said:

“We are very grateful for the trust that David Rintel and his team placed in us. It shows that ibanXS is the partner for international PSPs who really want to service their Clients with Open Banking and ‘Pay by Bank’. Together, we will ensure TrustPay clients have the best experience of Open Banking. That is our promise.”

With the introduction of PSD2, full access to European banks “becomes a cornerstone of your proposition to your clients.”

ibanXS specializes in delivering access “to any bank you like.” They are dedicated to your business success, “where stability, reliability and maximum reach are key.”

With more than 25 years of experience in online payments and transaction processing, ibanXS says that it serves as a partner “to create Fintech solutions and enable you to deliver the utmost quality in service and products towards your clients.”

Their goal is to “remove barriers between European countries and make the payment landscape accessible to all citizens and businesses in Europe.”

As noted by its management, TrustPay provides innovative payment services “for online businesses with cross-border reach offering a variety of payment solutions” under one roof including:

  • worldwide online card payment processing,
  • alternative payment methods,
  • modern accounts for online businesses (IBANIZE),
  • innovative reconciliation tools and much more.

They aim to create a customized strategy “for every client based on the specifics of the business to ensure secure e-commerce payments and a seamless experience to fit all your business needs.”

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