Interchecks, a modern payment solution that prioritizes speed, security, and flexibility, has partnered with Mastercard to integrate Pay by Bank with Mastercard’s Open Finance capabilities, strengthening account-to-account (A2A) payments via open banking. The collaboration enhances verification, fraud prevention, and reliability for ACH-based recurring and high-volume payments, addressing key pain points like failed transactions, churn, and onboarding friction. This positions Pay by Bank as a scalable, cost-efficient alternative to cards across subscriptions, brokerage funding, insurance, and bill pay, reflecting growing industry momentum toward open-finance-enabled A2A rails.
Interchecks and Mastercard Partner to Advance Account-to-Account Payments Through Open Finance