Visa’s New A2A Offering ‘Opens’ Choice and Security Via Direct Bank Transfers in the UK

Mehret Habteab, SVP and head of products at Visa Europe, tells Karen Webster that the payments network is making bank transfer payments “smarter” and safer compared to exsiting open banking payment methods like variable recurring payments — giving consumers more control with its open A2A system that’s debuting in January in the U.K.