The Expanding Role of A2A Transactions

As consumers’ desire for efficient, on-demand, and seamless digital experiences expands, account-to-account (A2A) transactions loom as a contender for their payments. Faster payment rails, including the coming FedNow service, will create new opportunities for use cases across the payments ecosystem.

A2A holds promise for consumers and merchants alike. Consumers can get the kind of high-quality user experiences they crave from restaurant ordering and streaming services, and merchants can cut down on interchange costs by pushing their customers to adopt the payment method.

Key questions discussed in this report:

• What are account-to-account transfers?
• How do RTP and ACH payments differ?
• What are the compelling use cases for A2A payments?

Companies mentioned:

ACI, Apple, Astra, European Banking Authority, Federal Reserve, FedNow, FIS, Fiserv, Jack Henry, Mastercard, PSCU, The Clearing House, Venmo, Visa, Zelle