A2A (account-to-account) Definition.
Account-to-account payment: funds move directly from the payer’s account to the payee’s, bypassing card rails. Built on instant credit transfers, PSD2 payment initiation, and wallets such as Wero, it eliminates interchange and scheme fees. It is the leading contender to disintermediate cards in Europe.
See also
Where this term appears
GuidePayments in the Netherlands and BelgiumGuidePayments in Central and Eastern EuropeGuidePayments in FranceGuidePayments in Hungary, Czechia, and SlovakiaGuidePayments in Spain and PortugalGuidePayments in ItalyGuidePayments in the Nordic countriesGuidePayments in SwedenGuidePayments in BrazilGuidePayments in CanadaGuidePayments in Argentina, Chile, and UruguayGuidePayments in Mexico and the Andes