Account-to-account (A2A) payment infrastructure provider,, has partnered with Flutterwave, an African payments technology company. The partnership will power Pay By Bank transfer capabilities for the Flutterwave platform. By working with, Flutterwave can give its African e-commerce merchants enhanced access to UK and EU customers. This will advance its mission of connecting Africa to the global economy.

A2A payments (often called ‘Pay By Bank’) are a fast and secure way to move money between bank accounts. Open banking powered A2A payments do not require registration or error-prone data entry, making them a seamless payment method. End-users authenticate A2A payments directly with their bank for a frictionless experience, delivering higher success rates than market standards.

A2A payments: instant settlement and improved cash flow

Moreover, A2A payments offer merchants cost savings compared to traditional payment methods and settle instantly to improve cash flow.

“Our partnership with will make it even faster and easier for individuals and businesses to pay and receive money. By partnering with to provide Account-to-Account payments to our customers, Flutterwave will advance its mission of connecting Africa to the global economy,” said Olugbenga Agboola, CEO of Flutterwave.

“We’re confident that’s infrastructure will help Flutterwave offer its customers a more comprehensive payment solution, with A2A payments being a key part of this for UK, Europe, Middle East and Africa corridors,” added Todd Clyde, CEO of

“This partnership underscores our commitment to enabling payment providers to grow. Open banking powered A2A payments are projected to exceed 6.5 billion in annual global volumes by 2027.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address. A2A payments: 567 million bank accounts in 16 markets

Open banking powered,’s A2A infrastructure enables payment providers to launch their own A2A payment capabilities to grow market share. open banking powered A2A payments reach 567 million bank accounts (80%+ of accounts per market) in 16 European countries.

Payment technology company, Flutterwave, enables customers including Uber to send and collect payments, process payments, and build financial products. Flutterwave currently supports over a million customers across 34 countries in Africa. Enabled by’s technology, A2A payment capabilities are now available through Flutterwave’s Collect Payments product for businesses.

Pay By Bank capabilities will also be available on Send by Flutterwave, Flutterwave’s cross-border payment platform, in Q3. This aims to further simplify money transfer for Africans in the UK/EU looking to send money back home.