Open banking business Plaid is launching account-to-account (A2A) payment options.
In Brief:
It is building an ecosystem of partners for bank payments.
They include Square, Dwolla and Currencycloud.
They will integrate Plaid’s connectivity technology into their processing systems.
What does this mean?
The development will enable companies to add pay-by-bank options at the checkout and Plaid’s partners will process the payments.