The European payments landscape is seeing a rise in Account-to-Account (A2A) payment systems, with initiatives like Wero aiming to unify this space. Underpinning many instant payment options is SEPA Instant Credit Transfer, the infrastructure facilitating real-time bank transfers across Europe. Additionally, successful national schemes like Swish, MobilePay, and iDEAL demonstrate the potential of localized A2A solutions, some of which Wero intends to integrate.

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Beyond direct bank transfers, we have global and regional digital wallets like Apple Pay, Google Pay, and Click to Pay, as well as others, that often tokenize cards for seamless payments. The growing popularity of 'Buy Now, Pay Later' (BNPL) services, some exploring direct bank account links, further diversifies payment methods.For card issuers, understanding these evolving A2A options and digital wallets is crucial. At Explicit Selection, we are here to help you shape future strategies and ensuring continued relevance in the payments ecosystem.