On The Wire

The payments industry is at an inflection point. Card networks still consume 2-3% of every transaction. Settlement takes days. Banks earn little while card schemes capture the value.It doesn't have to work this way.On The Wire explores the shift to account-to-account payments - where banks query a resolution network, funds move directly between accounts, and fees drop to 0.5%.For payment institution executives, ISV partners, and merchants rethinking the cost of commerce.Produced by payware - the transaction resolution network for instant A2A payments.