Trust Payments powers Freepay PayOut service in the Nordics

By Gloria Methri

London-based FinTech Trust Payments has partnered with Freepay, a Danish payments gateway firm part of the Freeway group.

With the new agreement, Freepay will enable its customers to process fast and secure payouts with Visa and Mastercard via the TRU Connect Gateway.

Bingo.dk will be the first site to use Freepay PayOut, which it says will help “improve their payment processes and payouts and offer a more efficient and customer-friendly experience… This can lead to increased customer loyalty and a wider customer base.”

By integrating Freepay PayOut, Bingo.dk can offer its users fast payouts of winnings. This means that players no longer must wait for days to receive their winnings. Instead, they can access their winnings instantly, improving the user experience and increasing customer satisfaction.

Freepay has been operating since 1998 and is used by some of Denmark’s biggest online brands. It is a 100% Danish-owned company with a development department. Since March 2021, the Freeway group has been behind major Danish web successes such as Dating.dk, Plusbog.dk and Lejebolig.dk, has made it easier to run internet businesses in Denmark by offering Freepay as a free payments gateway.

Henrik Pederson, Sales Director Freepay, said, “We’re delighted to add Trust Payments’ payouts to the services they already provide us as an acquirer to our platform. Their experience in payments and commerce will help us offer merchants across Denmark a truly global payments gateway.”

Yeseniia Marchenko, Head of EU Sales at Trust Payments, added, “It is great to partner with Freepay to provide our payout services to Danish merchants. We’re excited to showcase the potential of our offerings across Denmark and help make commerce simple nationwide.”