Are U.S. Consumers Ready to Use Pay-by-Bank at the Point of Sale?

Ying Lei Toh

Payments System Research Briefing, 2026, 5

Abstract: Pay-by-Bank, a direct transfer from individuals’ bank accounts to merchants’, is gaining popularity as a point-of-sale payment method in countries around the world. Although Pay-by-Bank has yet to become available at points of sale in the United States, data suggest that U.S. consumers are increasingly ready to use this method.

Keywords: account-to-account (A2A) transfers; payment methods; tap-and-pay; point-of-sale payments (search for similar items in EconPapers)
Date: 2026
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