Doug: Add quotes.

2024-12-16T22:04:50Z

Add quotes.

← Older revision		Revision as of 22:04, 16 December 2024
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	:''Account-to-account payments - UK Payment Systems Regulator (PSR).''		:''Account-to-account payments - UK Payment Systems Regulator (PSR).''


			:<span style="color:#4B0082">'''''Account to Account solutions threaten to challenge traditional payment cards'''''</span>

			:"Capgemini released its World Payments Report 2025. Key findings included...

			:*Account-to-Account (A2A) instant payment solutions present a faster and cost-effective way to pay, bypassing expensive card networks. According to the report, the rise in their popularity threatens to challenge the dominance of traditional payment cards, with estimates suggesting they could offset 15-25% of future card transaction volume growth.

			:*The European Payments Initiative’s Wero wallet is likely to accelerate adoption of A2A payments with 37% of European payment executives anticipating it will significantly offset card transaction growth across Europe by 2027."

			:''Update on the payments landscape - ACT - September 2024.''


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	==Other ~~resource~~==		==Other resources==
	*[https://www.psr.org.uk/our-work/account-to-account-payments/#:~:text=In%20their%20simplest%20form%2C%20account,as%20credit%20or%20debit%20cards Account-to-account payments - UK Payment Systems Regulator (PSR)]		*[https://www.psr.org.uk/our-work/account-to-account-payments/#:~:text=In%20their%20simplest%20form%2C%20account,as%20credit%20or%20debit%20cards Account-to-account payments - UK Payment Systems Regulator (PSR)]
			*[https://www.capgemini.com/insights/research-library/world-payments-report/ Capgemini World Payments Report 2025]
			*[https://treasurers.org/hub/blog/September-Payments-landscape Update on the payments landscape - ACT - September 2024]

			[[Category:The_business_context]]

	[[Category:The_business_context]]		[[Category:The_business_context]]

Doug: Create page - source - PSR.

2024-12-16T21:52:39Z

Create page - source - PSR.

New page

''Payments - cards - retail payments''.

(A2A).

Account to account means a remittance from one bank account to another, without any intermediary.

:<span style="color:#4B0082">'''''Account to Account solutions threaten to challenge traditional payment cards'''''</span>

:"... account-to-account payments move money directly from a payer’s bank account to a payee’s bank account without the need for intermediaries, such as credit or debit cards...

:New ways of making digital payments are becoming available to more people – such as Apple Pay and Google Pay. However, the bulk of these payments still go through the existing card systems (usually Visa or Mastercard) rather than customers paying retailers directly from their bank account.

:This means retailers may only have a limited number of payment options to offer their customers...

:However, some providers have started using account-to-account payment systems to offer such payments for some online stores. This has been helped by the introduction of open banking, which allows people and businesses to link their accounts with third parties offering payment services – providing a secure and cost-effective alternative to using card networks.

:We think unlocking the potential of account-to-account payments, including through open banking, could introduce more competition in the long term – which should help ensure fair prices and innovative services."

:''Account-to-account payments - UK Payment Systems Regulator (PSR).''

== See also ==
*[[B2B]]
*[[Card]]
*[[Competition]]
*[[Creditor days]]
*[[Customer-to-cash]] (C2C)
*[[Digital payment]]
*[[European Payments Initiative]] (EPA)
*[[Horizon scanning]]
*[[Intermediary]]
*[[Mastercard]]
*[[Micropayments]]
*[[Open banking]]
*[[P2P]]
*[[Payables management]]
*[[Payee]]
*[[Payer]]
*[[Payment]]
*[[Payment Systems Regulator]] (PSR)
*[[Peer-to-peer]]
*[[Purchase to pay cycle]]
*[[Remittance]]
*[[Retail]]
*[[Third party]]
*[[Visa]]
*[[Wero]]
*[[Working capital management]]

==Other resource==
*[https://www.psr.org.uk/our-work/account-to-account-payments/#:~:text=In%20their%20simplest%20form%2C%20account,as%20credit%20or%20debit%20cards Account-to-account payments - UK Payment Systems Regulator (PSR)]

[[Category:The_business_context]]

Account-to-account - Revision history

Doug: Add quotes.

Doug: Create page - source - PSR.