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Visa A2A to Give Consumers Smarter Bank Transfer

visa
  • November 24, 2024
  • Insights, Open Banking

Visa is launching its Account-to-Account (A2A) payment system in the UK in 2025, aimed at enhancing consumer control and protection during bank transfers, particularly for bill payments like utilities and subscriptions. The platform will offer advanced security features, such as biometrics and a formal dispute resolution process, making it easier for consumers to manage and authorize payments while avoiding unauthorized transactions. With the UK’s A2A payments market growing, Visa’s innovation seeks to modernize payment systems that have remained essentially unchanged for decades, offering consumers greater flexibility and peace of mind.

Visa A2A to Give Consumers Smarter Bank Transfer

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