Do you know the world’s fastest-growing payment method?

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Boosted by regulatory changes and customer demand across Europe and North America, account-to-account payments are experiencing storming growth. Zimpler CEO Johan Strand explains what’s behind this phenomenon – and why account-to-account payments are perfect for the modern economy.

As the digital revolution continues, the way we pay is changing. Most payments professionals know about the worldwide growth of digital wallets, and are aware of e-commerce taking over during COVID, as well as the recent popularity of contactless card transactions. But if these trends are well-known, people know less about another new payment method, Account-to-Account payments (A2A). 

A2A payments work by moving funds quickly and securely between merchant and consumer bank accounts with no unnecessary intermediaries. This creates a low-cost, highly efficient means of transferring value – perfect for the new economy, both for merchants and consumers, from “gig” economy workers looking to pay and get paid quickly to young companies that need to pay for office equipment or specialist services. 

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