💪 Europe: Open banking opens a promising future for A2A payments... and more

💪 Europe: Open banking opens a promising future for A2A payments... and more

Global API requests are projected to increase by 470% by 2027, reaching 580 billion, with Europe expected to lead this transformation.

💲 In 2020, about 12.2 million Europeans were using open banking services — roughly half of all global users at the time. The market is projected to reach USD 44.9 billion by 2030, with a 25.3% CAGR from 2024 to 2030.

💲 This growth is driven by ongoing regulatory changes, including the upcoming PSD3 directive, which aims to improve API quality and strengthen consumer rights.

💲 Current snapshot of the sector:

👉 United Kingdom 🇬🇧 is leading

👉 Nordic countries (Denmark 🇩🇰, Norway 🇳🇴, and Sweden 🇸🇪) are close behind

👉 Germany 🇩🇪 and France 🇫🇷 are improving API standards and regulatory frameworks

👉 Lithuania 🇱🇹 and the Netherlands 🇳🇱 are making strong progress

#news #Europe

🏦 Payouter.com — looking for traders for processing in 🇮🇳 India: P2P, P2C, Intent. We are waiting for you