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Trustly, Episode Six aim to accelerate adoption of Pay by Bank in U.S

Tuesday, September 09, 2025 — 16:42:51 (UTC)

Austin, Sept. 9, 2025 – Episode Six, a leading global provider of enterprise-grade card issuing and ledger infrastructure, and Trustly, the global leader in Pay by Bank, today announced a partnership. Through this collaboration, Episode Six will provide the issuer processing technology for Trustly’s “card rail plugin integration,” enabling U.S. retail merchants to accept Pay by Bank directly through the card networks they already use, without the need for costly new integrations or operational changes.

The collaboration comes as demand for alternative payment options continues to rise in the U.S. While Pay by Bank has gained significant traction globally, adoption domestically has lagged. This solution lowers adoption barriers for U.S. merchants by reducing costs, accelerating settlement, and minimizing fraud - all while leveraging the familiarity of existing card rails they already use.

“Merchants don’t want complexity. They want faster, safer payments that simply work,” said Brian Muse-McKenney, Chief Revenue Officer at Episode Six. “By combining Trustly’s Pay by Bank leadership with Episode Six’s modern infrastructure, we’re showing how new payment experiences can scale on top of existing systems. It’s efficiency and speed without tradeoffs.”

Trustly selected Episode Six for its modern, cloud-native, and resilient platform, which offers the flexibility to support forward-looking use cases like Pay by Bank via card rails. For Episode Six, the partnership underscores the company’s ability to enable global leaders to launch next-generation payment models at scale.

“Together with Episode Six, we’re making it much easier for merchants to bring Pay by Bank to checkout,” said Craig McDonald, Chief Business Officer at Trustly. “Using the same card rails retailers rely on today means faster integration, quicker time to market, and lower costs by building on existing operations.”

By proving that alternative payments can scale seamlessly through existing rails, Trustly and Episode Six are setting a precedent for how innovation can be implemented efficiently and effectively — a model that can be replicated across the broader fintech ecosystem.

For more information, visit www.episodesix.com.

About Episode Six

Episode Six is a global provider of enterprise-grade card issuing and ledger infrastructure for financial technology companies, banks, and brands. Episode Six delivers the innovative capabilities needed to compete with disruptors and lead the market. Flexibility, adaptability, and resilience are built into the core of Episode Six's platform, ensuring clients maintain a market-leading position. Episode Six operates in over 45 countries, powering 70+ enterprise customers with an expanding team located in the US, Canada, UK, Europe, Japan, Singapore, Hong Kong, Australia, and India. Investors include HSBC, Mastercard, SBI Investment Co Ltd, Anthos Capital, Avenir and Japan Airlines.

About Trustly

Trustly is the global leader in Pay by Bank solutions. For more than a decade, it has sustained rapid growth while consistently maintaining profitability. Through its outstanding Open Banking platform, Trustly offers innovative payment experiences, connecting consumers and merchants. Its patented technology ensures that transactions are processed in real-time, providing both speed and security.

Trustly's dedication to reimagining how the world pays is reflected in its collaborations with major brands such as PayPal, eBay, and Hargreaves Lansdown in Europe and FanDuel, T-Mobile, and Coinbase in North America. To date, Trustly has transformed the performance and experience of payments for over 9,000 merchants in 30+ markets, connecting them to 650+ million consumers through 12,000 banks. In 2024, Trustly processed nearly $100 billion in total payments value.

Trustly, launched in 2008, is a licensed Payment Institution under the second payment services directive (PSD2). It operates under the supervision of the Swedish Financial Supervisory Authority in the EU, EEA and the Financial Conduct Authority in the UK. In the US, Trustly is state-regulated as required to serve its target markets.

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Source: Company press release.

Categories: Partnership