Recent advances in perovskite-sensitized photon upconversion via triplet-triplet annihilation (TTA) in rubrene have yielded several unanswered questions about the underlying mechanism and processes occurring at the interface. In particular, the near-infrared perovskite emission is not significantly quenched and a rapid reversible "photobleach" of the upconverted emission can be observed under fairly low excitation densities of 3.2 mW/cm2. In this contribution, we investigate the perovskite/rubrene interface in more detail and conclude that noncovalent interactions between the organic layer and the perovskite result in surface trap passivation. In addition, band bending results in a space charge region at the perovskite/rubrene interface, which "precharges" the rubrene with holes. Upon initial illumination, electrons can rapidly transfer to the excited triplet state of rubrene, followed by efficient TTA upconversion. As the device is continuously illuminated, the existing holes are consumed and a new equilibrium is reached, resulting in the previously investigated steady-state upconversion efficiency.