A report from Prommt demonstrates this adoption has more than doubled since April 2023 with strong adoption among its client base within automotive, hospitality, hardware, and luxury retail sectors. Prommt is a paytech platform that enables businesses to request, collect, and track card and open banking payments anytime, anywhere via any channel.
Prommt reports 100 percent increase in open banking adoption rates
Leading payment platform Prommt has, announced adoption of its Pay by Bank solution has more than doubled, with businesses processing tens of millions per month through open banking across the UK and Ireland, and many implementing it as their default payment method.
17 October 2023
5 min read