Acquired.com has teamed up with Visa to integrate Visa A2A for recurring and variable payments, offering a new alternative to traditional methods like Direct Debit and card-on-file systems. This integration aims to streamline recurring payments by allowing real-time account-to-account transactions, which are processed through Faster Payments. Customers set limits on payment amounts, frequencies, and durations directly in their banking apps, enhancing transparency and control over their finances. The collaboration addresses the limitations of Direct Debit, which can be slow and inflexible. With Visa A2A, payments are executed instantly, and businesses receive immediate feedback on transaction success or failure. This improves cash flow and responsiveness to customer needs, particularly in sectors like lending, insurance, and utilities, where timely payments are critical. Acquired.com’s platform allows merchants to manage payments across various systems, optimally routing customers to the most effective payment method while minimizing technical overhead. Eline Blomme, Chief Product Officer at Acquired.com, emphasizes that the existing recurring payment systems have not evolved alongside consumer and business needs. The Visa A2A model aims to change that, providing a more agile way for companies to collect payments while giving customers better visibility and control over their payment arrangements. The integration also includes Confirmation of Funds checks, which help reduce failed transactions due to insufficient funds, addressing a persistent issue in recurring payment collections.