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What are A2A Payments and How Can It Benefit Your Business?

January 14, 2025
5 min read
to read

As a merchant, you're always looking to save money and improve the customer experience. A2A (Account-to-Account) payments with Quidkey make that possible by cutting out costly third-party processors, reducing transaction fees, and speeding up your payouts.

Why A2A is the Future of Payments

A2A payments are becoming the go-to method for many merchants as digital banking continues to grow. This means lower fees, faster payments, and a better customer experience. A2A is the future — getting started now means positioning your business for long-term savings and smoother transactions.

How Quidkey Makes A2A Even Easier

What makes Quidkey unique is our bank prediction algorithm, which automatically pre-selects your customer’s bank at checkout. Unlike other A2A solutions that require customers to sift through a long list of banks, Quidkey makes it easy by predicting the customer’s bank and displaying it as the preferred payment option. This streamlines the checkout process, eliminates guesswork, and enhances security — all with just a click.

This simple feature is one of the main reasons Quidkey stands out, providing a more seamless and secure experience for your customers.

How Does A2A Work?

Here’s how it works, step-by-step:

  • Easy Checkout: With Quidkey’s prediction, your customer’s bank is automatically displayed at checkout — no need to search or select from a long list.
  • Simple Authentication:
    • Desktop: Customers log in to their bank, confirm the payment, and they’re done.
    • Mobile: If they have their bank’s app, they can use face recognition for quick and secure approval.
  • Instant Confirmation: The moment the payment is confirmed, funds are transferred directly from your customer’s bank to yours.

Why A2A Payments Are Secure, Reliable, and a Smart Choice

A2A payments are:

  • More Secure: No need for credit card details, so the risk of fraud and data breaches is reduced.
  • No Chargebacks: Since transactions are direct between banks, there’s no risk of chargebacks, which can save you time, stress, and fees.
  • More Affordable: With lower transaction fees, you keep more of your hard-earned money.
  • Faster: A2A transactions clear quickly, meaning you get paid faster and can reinvest in your business sooner. Customer-Friendly: Many customers prefer paying directly from their bank accounts because it’s simple, secure, and fast.

Getting Started with A2A via Quidkey

Getting started with Quidkey is quick and easy. If you’re using WooCommerce, all it takes is a one-click installation to add our plugin to your store. In just a few minutes, A2A will be automatically available at checkout. Your customers will see their bank pre-selected, and the process will be smooth, secure, and hassle-free.

Start Using A2A with Quidkey Today

Curious how A2A payments can save you money and simplify your business? Reach out and find out how easy it is to get started with Quidkey. Simply install our WooCommerce plugin, and you'll be ready to accept A2A payments — cutting costs and boosting cash flow, all while offering a smoother experience for your customers.

Let’s talk — join our beta and start benefiting today!

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