The Hardware Journal
Prommt is delighted to be featured in the Feb 2023 issue of Hardware Association Ireland’s The Hardware Journal, where CEO Donal McGuinness highlights how Open Banking payments generate significant business impact for hardware stores and builders’ providers. This is a great payment option that is perfectly suited for high value sales, helping merchants to significantly reduce card processing costs and fraud.
Find Out More January 9, 2023 Going the distance: why are remote payments still a headache in luxury retail and hospitality?By Eileen Carroll, Púca CEO & Prommt Co-Founder
It’s disconcerting to give your card details to someone on the other end of the line and not know if they’re writing them down or entering them into a card terminal. It’s also frustrating when you’re trying to complete a purchase online and the person assisting you doesn’t stay on the line to help you finish the payment. These poor experiences can unfortunately lead to lost business and unhappy customers.
Find Out More January 6, 2023 Payments & Open Banking Trends for 2023“Open Banking is the driver for change for traditional bank transfers and will do in the 2020s what e-commerce did across the 2000s. It will be just another payment type in the near future,” says Donal McGuinness, CEO at Prommt. This corner of the payments industry has remained largely untouched in terms of innovation until recently, with the emergence of new solutions that help merchants navigate digital remote payments smoothly.
The coupling of Open Banking Payment Initiation with Faster Payments now offers a viable alternative for merchants to efficiently process large volumes of bank payments and enjoy the almost real-time collection of funds. Donal McGuinness, CEO of Prommt, has contributed to an article for Finance Derivative on how Fintech has reshaped the digital payment industry and the changes that are on the horizon for remote bank payments.
Find Out More October 6, 2022 Token expands connectivity, bringing Open Banking payments to IrelandPrommt continues to rapidly gain market share with customers now embracing Open Banking payments in Ireland. Branded as “Pay by Bank” and underpinned by Token’s Open Banking platform, we are thrilled to be part of Token’s announcement.
Find Out MoreWe are available 24/7 to help your payments perform at a world-class level.
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