Trilo Selects Yapily to Help Businesses Improve Customer Experience

UK-based payments startup Trilo has announced its partnership with the Opening Banking infrastructure provider Yapily to help businesses smoothen customer experience as well as enpower their growth, by providing the simplest way to pay.

According to the official press release, with the new partnership, Trilo will enable both online and point of sale payments through Trilo’s single payment platform.

Leveraging Yapily’s open banking infrastructure, Trilo empowers businesses to move away from cards and their fees, unlocking hidden revenue which would otherwise be eaten up in paying those fees. While Trilo is giving merchants more visibility on their customers, creating a data-rich ecosystem for merchants to connect more with their merchants. Freeing this cash and unlocking more insights enables them to reinvest in and enhance their product offerings, thereby increasing customer retention. Trilo further improves overall conversion rates for merchants by offering the smoothest checkout experience possible for all involved, all powered by Open Banking fuelled by Yapily.

“We’re building a new ecosystem, leaving cards behind for good, and giving consumers and merchants the simplest, most beautiful experience possible. With Yapily’s extensive connection to banks, we have the ability to focus on what we do best - giving our customers a stellar experience. Yapily’s connectivity and reach across Europe is also supporting our ambitious expansion plans. We’re currently based in the UK, but we’re planning to expand our services overseas in the next year, and with Yapily, we’re one step closer to achieving this goal,” commented Hamish Blythe, founder of Trilo.

“Trilo is a great example of a platform making a positive impact on helping businesses bounce back from an extremely difficult year. Its mission to eliminate cards, and unnecessary transaction fees, aligns perfectly with our goal to enable fintechs with fairer, faster and more secure payments. We’re excited about Trilo’s venture and we’re looking forward to it growing from strength to strength,” added Stefano Vaccino, CEO of Yapily.

As Fazzaco reported earlier, Airbank, the next generation financial management platform for European startups and SMBs, has announced its partnership with Yapily to help its users manage their finances with ease. Yapily's API infrastructure provides Airbank users with a smooth, simple way to connect to more than 1,500 banks across the UK and Europe including Deutsche Bank, Commerzbank, Sparkassen, Volksbanken and neobanks. Airbank selected Yapily​ for its strong coverage in Europe, with a specific focus on Germany, France, Spain, and the UK. Yapily's European bank connectivity enables Airbank's customers to scale and grow across Europe, delivering forecast visibility anywhere they go.