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Listen "Disrupting Payments: How LocalPay Allows Banks to Increase Deposits and Revenue with a Pay-By-Bank Offering"
Episode Synopsis
In this episode, the American Bankers Association talks with the team behind LocalPay, a patented Pay-by-Bank platform enabling consumers to pay merchants directly from their bank accounts—without cards or intermediaries. Learn how LocalPay is partnering with core banking providers like Jack Henry, Fiserv, and FIS to streamline merchant acceptance, reduce payment costs, and drive revenue and deposit growth for banks. Discover how real-time discounts, banking app integration, and a modern approach to merchant payments are reshaping the future of local commerce. Speakers Kent J Yan, Founder and CEO, LocalPay Lottie Watts, Sr. Director, ABA
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