Tuesday, February 7, 2023

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PayJunction: Partners Plaid for A2A money transfers

PayJunction: Partners Plaid for A2A money transfers

  • PayJunction has grown from a bootstrapped startup to a recognized and respected leader in the payments industry
  • Announced an integration with Plaid, a consumer-permissioned network powering the digital financial ecosystem
  • To simplify bank payments, enabling customers and partners to deliver a better pay-by-bank experience
  • Integrating Plaid’s secure A2A bank connectivity technology with payment gateway will allow B2B and B2C businesses
  • Routes the transactions via the low-cost ACH processing rails, which can result in significant savings
  • According to Nacha, more than 29 billion ACH Network payments were made in 2021

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