National Fintech Awards 2024

We are excited to share that we’ve been shortlisted for Best Payment Solution AND Emerging Fintech Company of the Year at the Fintech Summit & Awards 2024!

As a leader in remote payments, Prommt’s success is built on our commitment to trust. We provide secure, merchant-branded payment journeys with custom email templates and embedded payment links. By integrating the checkout into the merchant’s site and maintaining consistent branding, we ensure a familiar, trustworthy payment process from start to finish.

What sets us apart from our competitors are our smart payment orchestration tools, which help drive Pay by Bank adoption. Merchants can set automated thresholds to present their preferred payment methods based on transaction value, location, or type. They can easily set automatic chase paths for failed transactions or where the cart has been abandoned, and present an alternative payment method to complete the transaction – bank or card. This strategy allows them to achieve substantial savings on transaction fees and operational costs, while also mitigating card fraud and minimising chargebacks.

Designed for teams across multiple locations, we offer robust reporting and alerting features. Prommt can function as a stand-alone platform or seamlessly integrate with industry systems like Oracle OPERA (V5 and Cloud) and Border CounterAct. Our clients get up and running quickly, usually within two weeks, thanks to strong integration capabilities and partnerships with major payment gateways. Our average churn rate is impressively low, remaining under 0.2%.

Being recognised for our impact in the payments industry is a huge honour and a testament to our team’s dedication to excellence. We look forward to the awards ceremony in October, and wish all the finalists in our categories the best of luck!

Open Banking Expo Awards 2024

We’re thrilled to share that Prommt has been selected as a finalist for the Open Banking Expo Awards in the “Best Open Banking Payments Project” category!

Our Pay by Bank solution is revolutionising high-value payments, delivering faster, safer, and more cost-effective transactions across industries like hospitality, builders merchants, luxury retail, and automotive. Our clients benefit from significant cost savings through reduced scheme/interchange fees, card fraud, chargebacks, and operational costs. We enable secure, seamless checkouts via SMS, email, chat, web, or in-app, offering Pay by Bank as a default or alternative payment method to card based on a set of orchestration parameters like transaction value, location, or customer type.

Being recognised for our impact in the payments industry is a huge honour and a testament to our team’s dedication to excellence. We look forward to the awards ceremony in October, and wish all the finalists in our category the best of luck!

CPA Ireland

Did you know that 70% of shoppers look for their preferred payment method when deciding where to buy? For Millennials, this is even more critical – 80% will abandon an online purchase if their preferred payment option isn’t available.

“Today’s customers want hassle-free checkout, consistent brand interactions online and offline, payment flexibility, and fast, secure transactions with strong fraud protection,” writes Donal McGuinness, CEO of Prommt

Your payment journey isn’t just a transaction—it’s an extension of your brand and often the final touchpoint that leaves a lasting impression. The key to reducing cart abandonment may well be in offering the right payment choices. Many brand websites miss this mark, leading to 20% more abandoned carts compared to online marketplaces.

Discover how smart payment technology can turn abandoned carts into successful sales in Donal’s latest opinion piece for CPA Ireland.