Visa A2A

Streamline and simplify account-to-account payments with Visa A2A integration

available for use by

Independent Developers

Regional Availability

  • N. America
  • Asia-Pacific
  • Europe
  • CEMEA
  • LAC

FEES & TERMS

Free to use in Sandbox. Contact VisaA2A@visa.com for more information.

Visa A2A establishes a trusted network of Payer Financial Institutions (Payer FIs) and Payment Initiators (PIs), providing a consistent and secure payment experience with a single integration for seamless account-to-account payments.

 

Visa A2A is a layer built above existing account-to-account (A2A) payment rails, such as the UK’s Faster Payment System, with its own standard set of rules that will govern Participants to promote a fair, secure and consistent experience.

Visa A2A will create a network of trusted Participants across the network of Payer FIs, Beneficiaries and PIs with the ability to make and receive A2A payments. Visa A2A API will enable PIs to integrate once into Visa A2A and have access to all other Participants.

Key Features

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Single Integration

PIs can integrate once and gain access to all other Participants within Visa A2A, simplifying the process and reducing integration efforts

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Improved Customer Experience

Payers are given transparency over all control parameters specified within a consent, including payment limits and frequency of payments. Minimizing the risk of incorrect or unauthorized payments, leading to fewer disputes

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Additional Features

Visa A2A includes robust fraud prevention, risk management, and dispute resolution mechanisms tailored to account-to-account payments, ensuring the protection of businesses, banks, and consumers

How It’s Used

Real-Time Payments:

  • Visa A2A facilitates real-time payments through existing clearing and settlement rails, ensuring quick and efficient fund transfers between Payer and Beneficiary 

Recurring Invoices and Bill Payments:

  • Recurring invoices and bill payments. Payment after goods and services exchanged.

Scheduled Subscriptions and Top-Ups:

  • Scheduled subscriptions and top-ups. Payment before goods and services exchanged.

One-Time Payments in Irregular Amounts:

  • One- time payments in irregular amounts. Payment before goods and services exchanged.

How It Works

Visa A2A is a platform that facilitates long-standing consent (Mandate) set up and payment initiation for account-to-account (A2A) payments. It provides a centralised framework to help simplify and bring structure to A2A payments in a currently complex A2A payment landscape. Built as a layer above existing payment rails, Visa A2A consists of a set of rules, guidelines and API standards to help provide a fair, secure and consistent experience. A step by step guide on how to use the API's are as follows:
  1. A Payment Initiator creates a Variable Recurring Payment (VRP) consent in the Payment Initiator or Beneficiary platform.
  2. This consent outlines the parameters of the recurring payments, including payment limits, frequency, and the duration for which the consent is valid. 
  3. Once the consent is created, Visa routes the consent request to the appropriate Payer Financial Institution, which holds the Payer's account.
  4. The Payer views and authenticates the consent within the Payer Financial Institution's platform, ensuring they agree to the consent parameters set out.
  5. The Payer is redirected back to the Payment Initiator or Beneficiary to complete the authorisation of the VRP consent (also known as the creation of a Mandate). 
  6. Once the consent is authorised, the Payment Initiator is able to create and initiate payments in line with the parameters specified in the consent, without needing further consent from the Payer for each payment.
  7. When the PI initiates a payment request, Visa routes the request to the respective Payer Financial Institution.

 

In order to access production data you will have to work with your account team at Visa to complete the necessary steps to go live.

APIs and SDKs Included

Visa A2A

The Visa A2A API enables Payment Initiators to integrate into Visa A2A, a platform which helps Payment Initiators and Payer FIs to create, manage, and process domestic variable recurring payments efficiently.

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