TrustPay is a European payment service which provides services to real world and online merchants and traders. Its service enables these businesses to accept payments from their customers’ Visa and MasterCard credit or debit cards. It is used throughout continental Europe, especially in central and eastern European countries. It was founded in 2009 and has its headquarters in Bratislava, the capital of Slovakia.
The TrustPay service is available to online and real world retailers throughout the European Economic Area. It can accept payments in over a dozen currencies in addition to the Euro. These include all the world’s major currencies, such as the British pound, the American dollar, the Japanese Yen and the Swiss Franc. The service can also facilitate international bank transfers.
The company is also responsible for issuing its own pre-paid cards. These cards can be loaded via internet banking services. Because they are purely pre-paid, there are no interest charges or overdraft fees involved either.
The TrustPay service is little known within the United Kingdom, but is much more widely seen on the continent, where it is growing rapidly. Travellers to countries within the European Union are quite likely to encounter traders and retailers using the service, particularly more so the further east you venture.
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