Menu

How does Open Banking in the UK work?

Open Banking UK uses Open Banking API UK as its method of retrieving information from bank databases. When a third party provider (TPP) needs any information from customers, for example, their marital status. The TPP will send out a call to an Open Banking UK API to request for the information. The API will then enter bank databases to extract marital statuses of customers, and get them back to the TPP. Through API, customer data can be quickly and securely transferred between banks and third party providers.


Have other questions?

If you need further assistance or answer, please don't hesitate to contact us.

Have other questions?

The Media

Finextra One IBC Yahoo Finance
About us

who we are

about us

We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.

Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.

PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.

We will contact you shortly.

Email Phone
Scroll top