TrueLayer Hits 10 Million Consumers, Acquiring a New User Every 3 Seconds

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"The past few months have been a tipping point for the adoption of Pay by Bank by merchants and consumers…", said Francesco Simoneschi, Co-Founder and CEO of TrueLayer.TrueLayer processes almost half (40%) of all Pay by Bank payments in the UK, making it the largest Pay by Bank network in the UK.Ecommerce is the fastest growing sector for adoption of Pay by Bank, with TrueLayer experiencing a 5X year-on-year increase in ecommerce transaction volume.Some of Europe's most successful brands, including Ryanair, JustEat and Lastminute.com, have added TrueLayer's Pay by Bank method into their checkouts recently.View original content:https://www.prnewswire.co.uk/news-releases/truelayer-hits-10-million-consumers-acquiring-a-new-user-every-3-seconds-302374072.html