Total Processing partners with Token.io to launch A2A payments

By Leandra Monteiro

A2A payment infrastructure provider, Token.io, and payment processor, Total Processing, have teamed up to offer account-to-account (A2A) payments to European customers.

Facilitated by open banking, A2A payments offer a fast and secure way to transfer money between bank accounts. Users authenticate directly with their bank, ensuring high success rates and a frictionless experience, whereas merchants save costs and enjoy instant settlement for improved cash flow.

Alex Leigh, Co-founder at Total Processing said, “Integrating A2A payments into the Total Processing platform was an important move to stay up to date with the market and our customers’ needs. As a trusted provider, Token.io was the ideal partner. We’re excited to say that Travis Perkins has already shown an interest and will be an early adopter of the solution.”

With a focus on delivering the latest technology to its merchants, Total Processing will leverage Token.io’s extensive connectivity network which provides an efficient way for payment providers to launch Pay by Bank as a core payment method. Token.io’s A2A payment infrastructure will enable it to swiftly launch its own A2A payment capabilities to its merchants across various industries through its gateway.

Chief Executive Officer at Token.io, Todd Clyde said, “We’re thrilled to partner with Total Processing and to support its mission of delivering frictionless payment experiences. By harnessing the power of open banking, we will empower Total Processing’s customers across Europe with secure, instant A2A payment capabilities.”

By combining Total Processing’s expertise in payment solutions with Token.io’s open banking platform, merchants can expect enhanced payment experiences that drive business growth.