A New Era for Open Banking and International Payments
The global payments landscape is evolving rapidly, and businesses are increasingly looking for faster, more transparent, and cost-effective ways to move money across borders.
To help accelerate this transformation, PaidBy® has partnered with Mastercard to expand the reach of cross-border account-to-account (A2A) payments, combining Mastercard’s Open Finance capabilities with PaidBy®’s payment orchestration and settlement infrastructure.
The collaboration marks a significant step forward in the evolution of open banking, enabling businesses and consumers to benefit from seamless bank-to-bank payments across multiple markets while simplifying international payment acceptance and settlement.
What Are Cross-Border Account-to-Account (A2A) Payments?
Cross-border account-to-account payments are international transactions that allow funds to move directly between bank accounts without relying on traditional card payment processing.
Powered by open banking and modern payment infrastructure, A2A payments provide a secure and efficient alternative for businesses and consumers seeking faster and more transparent payment experiences.
Key Benefits of A2A Payments
- Direct bank-to-bank transfers
- Faster payment processing and settlement
- Enhanced payment transparency
- Improved customer experiences
- Reduced payment friction
- Support for multi-currency transactions
As open banking adoption continues to grow globally, account-to-account payments are becoming an increasingly important part of the future payments ecosystem.
