13 Sep - 2018
In collaboration with the European payments company Trustly, the real estate developer Oscar Properties provides a world’s first service where clients can book, buy and pay their new apartment online.
Online shopping is changing how we live our lives but larger scale items products is a market where deals still are made in an old school contract-signing environment, IRL. Oscar Properties are now taking the deal closer to the client, bringing real estate development into the 21st century. Thanks to Trustly, buyers can finalize their purchase and transfer the funds directly from their current or savings account.
Oscar Properties’ new e-commerce system of apartment sales digitizes the whole entire purchase process, you can see the apartment and layout, sign all the necessary contracts and make the payments, all online.
“Brokers are an important part of the real estate business. But many of our customers are the kind of professionals that frankly do not have the time to spend and who already know what kind of objects they want. For them we’ve created the possibility to buy an apartment directly from our homepage. And perhaps we will start the disruption of brokerage along the way”, said Oscar Engelbert, CEO of Oscar Properties.
Oscar Properties are currently selling apartments in the 28-floor residential building, Gasklockan, designed by Herzog & De Meuron. A recent poll conducted among those who have signed up for the possibility to buy an apartment in Gasklockan demonstrated enormous interest in apartment e-commerce with 42 percent stating that they would like to make the purchase online.
Johan Nord, CCO at Trustly, said:“Today people expect the online experience to be fast and convenient, no matter the product or service. When it comes to transferring funds online, you also need to deliver the highest possible security level. Trustly’s proven payments method ticks all these boxes and we are very happy to serve Oscar Properties in their effort to revolutionize property sales online.
Founded in 2008, Trustly Group AB is a Swedish FinTech company that makes online banking e-payments fast, simple and secure. The company offers cross-border payments to and from consumer bank accounts at over 3000 banks in 29 European markets and connects businesses and consumers within e-commerce, travel, gaming and financial services. In 2018, the Financial Times ranked Trustly as one of the fastest growing companies in Europe on the FT1000 list and in 2017 the London Stock Exchange recognized Trustly as one of Europe’s most inspiring, fast-growing companies.
Trustly has 215 employees and is headquartered in Stockholm, Sweden, with regional offices in Spain, Malta, Germany and the UK. Trustly is a licensed Payment Institution under the supervision of the Swedish Financial Supervisory Authority. Read more at www.trustly.com
Trustly Group AB (corporate identity number 556754-8655) is an authorized Swedish payment institution under the supervision of the Swedish Financial Supervisory Authority (Finansinspektionen). The company conducts payment services in accordance with the Payment Services Act (2010:751) and can provide cross-border payment services within the EU/EEA.