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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 21, 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 21, 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 21, 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 21, 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/
