As account-to-account payments startups falter, Volume raises fresh cash

Online merchants usually pay up to 8% of every sale to companies like PayPal, Apple Pay, and Stripe, and pass those costs on to consumers. So-called ‘account-to-account’ or ‘A2A’ payments can cut transaction fees to below 1%, saving merchants and consumers quite a bit of cash. The difficulty has been in making it seamless for both […]