eCommerce Strategy Consultant - Rick Watson - RMW Commerce Consulting

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Account-to-Account Payments Platform Volume Raises $6M in Seed Capital

Volume is a fintech startup pioneering account-to-account (A2A) payments with a focus on simplifying user experience. Its one-click checkout solution eliminates intermediaries like PayPal and Stripe, significantly reducing transaction fees for merchants and consumers. By integrating seamlessly with banking apps and leveraging Yapily's infrastructure, Volume enables direct money transfers between bank accounts. The company aims to revolutionize online payments with a flat-rate pricing model and a focus on scalability, efficiency, and accessibility.

Volume, a fintech account-to-account (A2A) solution that offers a one-click checkout, has announced its $6 million seed funding round. The new funding will be used to expand in Europe and enter the UK by obtaining approval from the Financial Conduct Authority (FCA). The account-to-account sector is growing because it can offer sellers and brands lower payment fees as it bypasses card networks that charge excessive processing fees.

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