E-commerce has grown from a convenient alternative to traditional shopping into the dominant mode of retail. What was once a desktop-only experience with limited payment options has transformed into a global ecosystem that adapts to the needs of diverse consumers. At the heart of this revolution lies the evolution of payment systems.

For decades, limited access to basic financial services like secure savings accounts, money transfers, and credit has been a significant hurdle for a vast segment of the global population. This financial exclusion disproportionately impacts low-income individuals, immigrants, and residents of geographically remote areas. However, a new wave of innovation is poised to dismantle these barriers – Account-to-Account (A2A) payments are emerging as a powerful tool for driving financial inclusion on a global scale.

Open Finance promises to change the way consumers and businesses in Europe use financial services. But what does it mean for you?