The number of successful open banking payments reported by the nine largest banks and building societies in the UK increased significantly between the first half of 2021 and the first half of 2023. In the first half of 2023, the number of open banking payments were 54.5 million, up from nine million two years earlier.
Number of successful open banking payments from the nine largest banks in the United Kingdom (UK) from 2021 to 2023
(in million)
The source adds the following information: Figures refer to successful payments initiated by third-party providers using open banking API, based on data submitted by account providers (ASPSPs) to open banking.
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Open Banking. (October 19, 2023). Number of successful open banking payments from the nine largest banks in the United Kingdom (UK) from 2021 to 2023 (in million) [Graph]. In Statista. Retrieved December 07, 2024, from https://www.statista.com/statistics/1440902/uk-number-of-successful-open-banking-payments/
Open Banking. "Number of successful open banking payments from the nine largest banks in the United Kingdom (UK) from 2021 to 2023 (in million)." Chart. October 19, 2023. Statista. Accessed December 07, 2024. https://www.statista.com/statistics/1440902/uk-number-of-successful-open-banking-payments/
Open Banking. (2023). Number of successful open banking payments from the nine largest banks in the United Kingdom (UK) from 2021 to 2023 (in million). Statista. Statista Inc.. Accessed: December 07, 2024. https://www.statista.com/statistics/1440902/uk-number-of-successful-open-banking-payments/
Open Banking. "Number of Successful Open Banking Payments from The Nine Largest Banks in The United Kingdom (Uk) from 2021 to 2023 (in Million)." Statista, Statista Inc., 19 Oct 2023, https://www.statista.com/statistics/1440902/uk-number-of-successful-open-banking-payments/
Open Banking, Number of successful open banking payments from the nine largest banks in the United Kingdom (UK) from 2021 to 2023 (in million) Statista, https://www.statista.com/statistics/1440902/uk-number-of-successful-open-banking-payments/ (last visited December 07, 2024)
Number of successful open banking payments from the nine largest banks in the United Kingdom (UK) from 2021 to 2023 (in million) [Graph], Open Banking, October 19, 2023. [Online]. Available: https://www.statista.com/statistics/1440902/uk-number-of-successful-open-banking-payments/