Trustpay

#Bank Transfer#Direct debit#e-Wallet#Open invoice#Real-time banking

Trustpay is an online payment method that allows users to make transactions safely and without the risk of fraud. This payment method is often used for international transactions, as […]

Certified payment providers 4
Market coverage 1
  • Slovakia
Currencies 7
  • Australia Dollar
  • Canada Dollar
  • Euro
  • Japan Yen
  • Switzerland Franc
  • United Kingdom Pound
  • United States Dollar
Description

Trustpay is an online payment method that allows users to make transactions safely and without the risk of fraud. This payment method is often used for international transactions, as it offers advantages such as low transaction fees and increased security.

Trustpay uses a system to verify the identity and creditworthiness of clients, as well as real-time security checks to prevent fraudulent transactions. Clients’ financial information is also protected through 128-bit SSL encryption.

When a user uses Trustpay to make an online payment, funds are debited from their account and securely transferred to the recipient’s account. If the recipient does not receive the funds, or if the transaction is cancelled for any reason, the funds are immediately returned to the user’s account.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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