Prommt is revolutionising remote payments for enterprises and clients

4i Magazine

Donal McGuinness, CEO at Prommt, shares his insights on Open Banking, and how investing in today’s technology enables retailers to meet consumer expectations and better adapt to tomorrow’s market fluctuations.

Open Banking enables merchants to protect margins, which is particularly relevant in a challenging economic climate. In addition, it offers an easier, more streamlined process of accepting bank payments compared to manual bank transfers, resulting in a further reduction of operational overhead. Donal shares key findings based on client adoption of Prommt’s Pay by Bank.