A2A payments market size in B2C e-commerce worldwide 2023, with a 2027 forecast
Account-to-account (A2A) payments are forecast to grow by a CAGR of 14 percent between 2023 and 2027, becoming an important alternative payment method. A2A or account-to-account payments refers to direct payments from one party to the other without the need for an intermediary. Such intermediaries are card rails from the likes of Visa and Mastercard. An important example of an A2A application in Latin America is Brazil's Pix – an app developed by the country's central bank and one of the world's main brands using real-time payments technology.
