HomeTechLenovo launches Trustly Open Banking payment method at online checkout in UK...

Lenovo launches Trustly Open Banking payment method at online checkout in UK and Europe — Retail Technology Innovation Hub

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Angus Cormie, Head of E-commerce, EMEA, Lenovo, says: “We’re always looking for ways to transform our payment experience with innovative technology.”

“Offering Trustly’s Open Banking checkout service allows us to improve the checkout experience for our customers. The service will give our customers more choice with the option of using this quick and secure technology when making purchases.” 

Holland & Barrett

Last year, we reported that Trustly’s Open Banking-based payment method was now available on health and wellness retailer Holland & Barrett’s online store in the UK.

Holland & Barrett was one of the largest UK retailers to embrace this type of account-to-account payment technology and also Trustly’s first major e-commerce partnership on these shores since its acquisition of UK-based Open Banking platform provider Ecospend.

By implementing the  technology, Holland & Barrett says it will solve several payment challenges including refunds, reconciliation, and rising costs relating to payments.

It integrated Trustly’s services into its current infrastructure thanks to the latter’s long-term relationship with Adyen.

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