How to realize the potential of open banking payments

Open Banking payments are quick, seamless and completely secure.

But there’s room for further growth in adoption. What’s holding back mainstream adoption of Open Banking payments and how can businesses overcome these barriers? We conducted a study with American Express to find out.

Our whitepaper explores the dynamics of American Express's Pay With Bank Transfer (PWBT) solution. It delves into how PWBT can streamline payment processes for businesses, offering advantages such as reduced processing costs and improved transaction efficiency. By leveraging PWBT, businesses can provide customers with a seamless payment experience while also enhancing security and reducing the risk of fraud.

40% of consumers need more guidance to try new payment methods. 41% said they'd use Open Banking payments if they thought they were more secure.

Additionally, the whitepaper highlights the potential for PWBT to drive growth and innovation in the payments landscape. As businesses seek to optimize their payment strategies, PWBT emerges as a valuable solution to consider for improving operational efficiency and customer satisfaction.

Download to learn:

• The benefits of Open Banking payments for both merchants and consumers
• What needs to happen to realize the full potential of Open Banking payments
• What the future holds for mainstream adoption of Open Banking payments