Fintech
Account-to-account payments
Payments made straight from one bank account to another, rather than over card networks, often started through open banking. Also called pay by bank.
A plain-English explanation, not financial or tax advice. Rules and rates change, so check your own situation. For free, impartial guidance, try MoneyHelper. Disclaimer.
You'll hear it as
Pay by bank is cheaper for us than card fees.
Related terms.
Videos.
No video mentions Account-to-account payments by name yet. These are on the same topic, Business & startups.