Trustly now enables Boozt’s customers in Sweden and Finland to pay directly from their online bank account when shopping at Boozt.com.
Minimizing chargebacks, simplifying return of funds
Trustly’s online banking payment method is a preferred payment method for Nordic consumers, along with invoice and card. Trustly’s payment method also minimizes chargeback risks and simplifies the return process. Funds are returned to the bank account from which the payment was made without the need for manual administration on the merchant side.
Trustly contributing to better customer experience
"Our partnership with Trustly contributes to the customer experience at Boozt.com. Trustly has a proven track record of making the payment process seamless and convenient", said Peter G Jørgensen, Chief Marketing Officer at Boozt.It will also allow us to further simplify the refund process for our customers. This goes hand in hand with Boozt.com’s focus on providing the best shopping experience, Jørgensen continued.
"We are delighted to partner with Boozt.com, one of Europe’s preeminent online fashion retailers. A significant portion of Nordic consumers prefer to pay directly from their bank account and by offering them the possibility to pay with Trustly, the risk of cart abandonment in the checkout process is minimized, said Oscar Berglund, CEO at Trustly.
Boozt.com is an online shop with clothes, shoes and accessories for the entire family. Our store opened in 2009 and offers the best shopping experience with daily new arrivals, a wide selection, and last but not least good offers. We have a fast delivery of 3-5 working days and a free return policy of up to 30 days.
At Boozt.com you will find more than 400 Scandinavian and international designer brands like Day Birger et Mikkelsen, Filippa K, Esprit, Ganni, ECCO, Tiger of Sweden, GUESS, Polo Ralph Lauren, MOLO, and Desigual.
Founded in 2008, Trustly Group AB is a Swedish FinTech company that makes online banking e-payments fast, simple and secure. The company offers cross-border payments to and from consumer bank accounts at over 3300 banks in 29 European markets and connects businesses and consumers within e-commerce, travel, gaming and financial services.
FinTechCity London predicts Trustly will revolutionize the financial services sector and in 2017, the Financial Times ranked Trustly as one of the fastest growing companies in Europe on the FT1000 list.
Trustly has 150 employees and is headquartered in Stockholm, Sweden, with regional offices in Spain, Malta, Germany and the UK. Trustly is a licensed Payment Institution under the supervision of the Swedish Financial Supervisory Authority.
Article sourced from Trustly, May 23th, 2017