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
