B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Recent

37,000,000

37,000,000 -- monthly open banking payments for UK open banking payments (2025)

2025  · UK Payments Initiative (UKPI)

More than 37 million open banking payments are processed each month in the UK.

  • Figure is stated as 'more than 37 million'
  • Most processed payments remain single one-off payments rather than recurring relationships
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Attribution: UK Payments Initiative (UKPI) View source
Lighthouse Research Team
Last verified:  ·  How we verify data →
Source verified Evidence graded
Value
37,000,000
Unit
Count
Data Vintage
2025
Entity
UK open banking payments
Geography
GB
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

61/100 confidence

Single source - not yet corroborated

Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
UK Payments Initiative (UKPI) Primary Tier B
https://fintechly.com/infrastructure/ukpi-launch-gives-pay-by-bank-momentum-but-industry-says-execut… ↗
Confidence: 53/100 Vintage: 2025 Channel: Deep Crawl
Source Article
UKPI Launch Gives Pay by Bank Momentum, but Industry Says Execution Is the Test - Fintechly
The UK’s attempt to build a mainstream alternative to cards and Direct Debit has moved into market rollout, after the UK Payments Initiative launched a new scheme for recurring and automated account-to-account payments. UK Payments Initiative Ltd, an industry-led company set up to develop commercial…
Original Research
UK Payments Initiative (UKPI) · Original study ↗

Reported by UK Payments Initiative (UKPI) at scheme launch

Methodology documented
IndustryFinTech RegionGB
Plain Text
UK open banking payments: 37,000,000 monthly open banking payments. Source: UK Payments Initiative (UKPI) (2025). Via Lighthouse Intelligence -- https://lighthousedata.io/data/uk-open-banking-payments-monthly-2025
HTML Embed
<blockquote cite="https://lighthousedata.io/data/uk-open-banking-payments-monthly-2025" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>37,000,000</strong> -- monthly open banking payments for UK open banking payments<br><small>Source: UK Payments Initiative (UKPI) (2025) · <a href="https://lighthousedata.io/data/uk-open-banking-payments-monthly-2025" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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