Mastercard and Deutsche Bank have joined forces to revolutionize European payments through open banking. By enhancing Deutsche Bank’s Request to Pay (R2P) service with Mastercard’s A2A technology, the partnership enables real-time, secure, account-to-account payments. Merchants benefit from faster settlements and streamlined operations, while consumers enjoy seamless, card-free transactions. This strategic alliance sets a new benchmark for digital-first, transparent, and efficient payment solutions across Europe.

Anamika Chauhan is a Senior Content Writer at TBO Academy. Specializing in B2B content, she works closely with the marketing team to bring out the outlook about the industry in her write-ups. Connect with her on LinkedIn or write to her at anamika.chauhan@tbo.com