The number of successful payment initiations made by third party providers (TPPs) in the United Kingdom using account providers' (ASPSPs) open banking APIs grew sharply between January 2022 and April 2023. In April 2023, the number of successful payments was 9.28 million, which was equal to roughly 309,000 successful payments per day.
Number of successful payment initiations made by third party providers using account providers' (ASPSPs) open banking Application Programming Interfaces (APIs) from January 2021 to April 2023
(in millions)
The source adds the following information: Successful payment initiations are based on data submitted by account providers (ASPSPs) to Open Banking since July 2020: July 2020 – 9 providers, 19 brands; September 2021 – 9 providers, 18 brands.
Figures are rounded.
Release date is date of access.
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Open Banking. (June 7, 2023). Number of successful payment initiations made by third party providers using account providers' (ASPSPs) open banking Application Programming Interfaces (APIs) from January 2021 to April 2023 (in millions) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1389491/successful-payments-made-by-tpps-using-aspsps/
Open Banking. "Number of successful payment initiations made by third party providers using account providers' (ASPSPs) open banking Application Programming Interfaces (APIs) from January 2021 to April 2023 (in millions)." Chart. June 7, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1389491/successful-payments-made-by-tpps-using-aspsps/
Open Banking. (2023). Number of successful payment initiations made by third party providers using account providers' (ASPSPs) open banking Application Programming Interfaces (APIs) from January 2021 to April 2023 (in millions). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1389491/successful-payments-made-by-tpps-using-aspsps/
Open Banking. "Number of Successful Payment Initiations Made by Third Party Providers Using Account Providers' (Aspsps) Open Banking Application Programming Interfaces (Apis) from January 2021 to April 2023 (in Millions)." Statista, Statista Inc., 7 Jun 2023, https://www.statista.com/statistics/1389491/successful-payments-made-by-tpps-using-aspsps/
Open Banking, Number of successful payment initiations made by third party providers using account providers' (ASPSPs) open banking Application Programming Interfaces (APIs) from January 2021 to April 2023 (in millions) Statista, https://www.statista.com/statistics/1389491/successful-payments-made-by-tpps-using-aspsps/ (last visited December 23, 2024)
Number of successful payment initiations made by third party providers using account providers' (ASPSPs) open banking Application Programming Interfaces (APIs) from January 2021 to April 2023 (in millions) [Graph], Open Banking, June 7, 2023. [Online]. Available: https://www.statista.com/statistics/1389491/successful-payments-made-by-tpps-using-aspsps/
