Visa
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Banked selected to support Visa A2A launch, an open system to boost consumer protection with smarter bank transfer payments
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.
Amazon's decision to drop Visa will give rise to new payment options that are better for consumers.
With the Christmas shopping season just around the corner, Amazon made the bold move to ban Visa credit cards as a payment method for its UK customers by early 2022.
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