Visa Unveils New Service for Safer Bank-to-Bank Payments 💳

News & Articles
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Summary:

  1. New Payment Service
    Visa is launching a new service in Europe for account-to-account (A2A) payments, allowing users to set up direct debits on e-commerce sites with ease and manage payments through their banking app.

  2. Enhanced Control
    The service aims to improve user experience by simplifying the process for reversing unauthorized transactions and managing subscription payments.

  3. Future Expansion
    Starting in the U.K. in early 2025, the A2A service will eventually roll out across Europe, with plans to include more types of payments, such as streaming services and memberships.

Read more at: CNBC