Case Study: Trustly achieves real-time settlement and faster payouts with Cross River RTP

Trustly offers settlements in seconds for merchants and consumer payouts

Trustly, a Pay by Bank platform, sought to provide faster fund settlement for its sub-merchants and a more frictionless payment experience for their consumers. To achieve this, they partnered with Cross River to utilize Real-Time Payments (RTP) for moving money quickly.

By leveraging Cross River's APIs connected to The Clearing House’s RTP network, Trustly was able to offer instant settlements. This solution delivered significant results: after implementation in 2022, the total dollar value of real-time payment transactions processed increased by 235%, and the total number of transactions processed per month saw a 357% increase.

Trustly