The Rise of Pay by Bank: How Account to Account Payments are Helping Merchants Reduce Costs and Grow
Payments
Fraud
MRC Vegas 2024
Walmart, Fiserv
Mar 27, 2024
Presentations
As simple as sounds, ‘Pay by Bank is just that – allowing a consumer to link their bank account information within a digital wallet to a merchant for goods or services; while merchants leverage ACH and/or real time payments rails to move money on the backend, doing so at a lower cost of acceptance, with reduced risk, and providing an opportunity to return more value to loyal customers.
In this session, we’ll look at the growing trend of Pay by Bank and how leading retailers like Walmart are integrating account-to-account to optimize their payments acceptance strategy.
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