This page may contain stale information. Last updated: 2026-06-03
Definition
Account-to-account payment method that routes checkout funds directly between bank accounts, bypassing card network intermediaries.
Key Points
- Also called open banking payments or A2A payments
- Lower interchange costs vs card rails
- TrueLayer processes $150B+ annualized volume across 22 countries
- Expanding from debit-only to credit/BNPL via in3 acquisition