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Number of successful open banking payments from the nine largest banks in the United Kingdom (UK) from 2021 to 2023 (in million)

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Source

Release date

October 2023

Region

United Kingdom

Survey time period

H1 2021 to H1 2023

Supplementary notes

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. 

Citation formats

Number of successful open banking payments in the UK 2021-2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Mar 12, 2024

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 **** million, up from **** million two years earlier. 

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