Reports
How Open Banking Can Provide Fast and Easy Consumer Payouts
This PYMNTS Intelligence and Trustly collaboration examines how consumers currently receive payouts from merchants, service providers, or government agencies.
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In this report, you'll learn:
• 71%: Share of consumers who received payouts from public institutions and had them sent directly to their bank accounts
• 50%: Share of millennials who report that the availability of open banking connectivity features highly influence their choice of merchant or provider
• 92% of consumers who received funds in or near real-time reported they are very or extremely satisfied
• 48%: Share of consumers who received a larger number of payouts who said connectivity features are their most preferred way to receive funds
