A2A

Banked’s acquisition of Waave underscores our commitment to building a truly global Pay by Bank platform. Waave’s work with Chemist Warehouse in developing best-in-class Pay by Bank solution was a key factor in the deal. As consumer brands - not just banks - drive the global demand for Pay by Bank, combining Waave’s local expertise with Banked’s global capabilities positions us to offer the strongest end-to-end solution in Australia.

Visa launches Visa A2A, an open system to bring consumer control and protection to account-to-account payments that introduces an easy and safe way to pay recurring bills with bank transfers and makes it easier for consumers to get their money back if something goes wrong. Designed with leading UK fintechs and in collaboration with key industry partners including Banked, it will unlock an easier, safer way to pay by bank from early 2025.