What is TrustPay?
TrustPay is a regulated payment institution headquartered in Slovakia, providing secure online payment solutions for businesses and merchants across Europe and select international markets. Operating under the supervision of the National Bank of Slovakia and compliant with EU regulations, TrustPay enables clients to accept payments via cards (Visa, Mastercard, UnionPay), instant bank transfers, and local payment methods. With multi-currency support (including USD and EUR), TrustPay offers robust API integration, fraud prevention, and real-time settlement for e-commerce, SaaS, marketplaces, and more. Its platform emphasizes transaction transparency, compliance, and operational reliability for businesses seeking to optimize their payment processes globally.
How to use TrustPay?
- Register for a TrustPay business account on their website.
- Complete identity verification and compliance checks.
- Integrate TrustPay’s payment gateway via APIs or plugins.
- Select preferred payment methods (cards, bank transfers, local options).
- Begin accepting and managing payments through the TrustPay dashboard.
The pro's of using TrustPay
- Supports multiple currencies, including USD and EUR, for international transactions.
- Complies with strict EU regulatory standards, enhancing security and trust.
- Easy integration via comprehensive APIs and plugins.
- Real-time settlements and transparent fees.
- Offers a variety of payment methods for diverse customer preferences.
The con's of using TrustPay
- Primarily focused on European markets; limited global coverage outside Europe.
- Service mainly targets businesses—no solutions for individuals.
- Onboarding may require detailed compliance documentation.
- Smaller merchant base compared to larger, global payment providers.
- Limited consumer-facing brand recognition outside specific regions.
