Latest news with #A2Apayments
Finextra
28-07-2025
- Business
- Finextra
Deutsche Bank to offer Wero payment acceptance
Deutsche Bank's Merchant Solutions business is integrating Wero into its payments acceptance offering ahead of the mobile wallet's launch in Germany. 0 Launched to harness the potential of account-to-account (A2A) payments to help European banks take on the might of Visa and Mastercard, the European Payments Initiative's Wero has already enrolled 40 million users across the first wave of markets it has entered. Having initially focused on P2P payments, the effort is about to target online checkouts. Deutsche Bank will enable clients to accept Wero in its home market as well as Belgium and France after go-live, with the Netherlands and Luxembourg to follow in a subsequent step. The bank - which is an EPI shareholder - says that the offering is not just for conventional merchants, it is also being opened up to market integrators and aggregators, such as fintechs and payment service providers. 'By integrating Wero, we will be able to offer our clients a modern and European alternative to current international payment solutions - a solution that is secure, efficient and deeply rooted in Europe. It will become one of the bank's core local payment methods,' says Corina Metternich, head, business product payment methods, Europe, Deutsche Bank.
Finextra
18-07-2025
- Business
- Finextra
How Instant Payments Regulation Will Boost A2A Payments
Joining the FinextraTV studio at EBAday 2025 in Paris, Nuria Mohedas Yamayo, Director of Payments and Digital Banking, Cecabank and Julio Cesar Fernandez Ramos, Director of Business Development and Operations, Cecabank discussed the development of instant payments regulations and cash contingencies. Explaining how new regulations help to boost A2A payments and the growth of organisations as a whole, beyond just a smaller portion of banks, Yamayo and Ramos also emphasised the need for improved efficiencies and collaboration.
Finextra
04-06-2025
- Business
- Finextra
Deutsche Bank and Mastercard team on open banking payments
Deutsche Bank and Mastercard are working together to bring open banking payments to merchants and consumers across Europe. 0 Open banking and account-to-account (A2A) payments are rapidly gaining momentum across Europe, notably through the EPI's Wero wallet, which Deutsche Bank is backing and is designed as an alternative to Mastercard and Visa. Now the German giant is working with Mastercard to boost its Merchant Solutions offering, particularly its Request to Pay (R2P) service, by introducing new levels of choice, flexibility, and efficiency with A2A-based payments on the card firm's open banking network. Merchants will be able to offer pay-by-bank functionality through Deutsche Bank's Merchant Solutions, using R2P as a preferred payment method to let shoppers authorise payments directly from their bank accounts with real-time processing and immediate confirmation. Mastercard's open banking technology will be fully integrated into Deutsche Bank's platform in a move it says will mean faster settlement, enhanced reconciliation, and greater payment transparency. Valerie Nowak, EVP, head, open banking, Mastercard Open Banking Europe, says: "With the further expansion of our partnership, we combine our open banking payments technology with Deutsche Bank's payments expertise and big merchant base across Europe, and together we're shaping a future where account-based payments are becoming the new norm."
