Are A2A payments better than card payments and bank transfers?

How A2A payments are better than card payments

  • Are often cheaper than cards as fewer intermediaries are involved.
  • Settle the same day or in most cases instantly, while cards can take up to 3 days.
  • Are more secure because no details are made visible to the payment requestor. The payer will need to log into their bank account to authorise the payment, adding an extra layer of security.
  • Have higher conversion rates because they allow for a seamless online journey.


How A2A payments are better than bank transfers

Bank transfers are a cheap method of payment, but they require the payer to manually input the payee and the payment details. Bank transfers can be prone to errors and the reconciliation is difficult and costly for the merchant.

A2A costs are lower because the reconciliation is made easier and the process is optimised for an online experience.

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