Tuesday 30th October, 2012

PayPal Central & Eastern Europe and TrustPay, a bank transfer network with coverage in Eastern Europe, have signed a contract to release bank top-up functionality for all PayPal customers in three new Eastern European countries -  Estonia, Hungary and Slovenia, extending the service launched earlier in the year to the Czech Republic and Slovakia.

The new feature allows customers to transfer money from their bank account to PayPal accounts and pay online without the need of using a bank card. The service is aimed at PayPal users who prefer to use their bank accounts for paying online and do not want to rely on bank cards.

TrustPay is a licensed payment institution which specializes on solutions for payments. The company’s services include provision of a platform for payment operations in Central and Eastern Europe and providing services connected to instant bank transfers and payment cards acceptance.