Back to Session Agenda
How Verizon and Trustly Flipped the Payment Script: From Card-dominant to ACH-dominant with Open Banking
Overview
Date
04:10 PM - 05:10 PM (1 hour)
Monday, April 28
Track
Payments in Practice
Event
In-person
Speakers in this session describe the success story of Verizon using Open Banking with Trustly to shift their payment index of their wallets from card-dominant to ACH-dominant using incentives and Open Banking technology on the payment page. This session will explore why ACH was the preferred payment type for Verizon, how autopay sign-ups increased, and how the cost of payments decreased for Verizon by making it easier and incentivizing their customers to use ACH through Open Banking.