Banking as a Service (BaaS) Software
Established in 2017, in Dublin, Ireland, Prommt took a leading position in the emerging pay by link market, providing a far more sophisticated and robust payment request solution than anything already on the market.
We quickly expanded to the UK, Europe and North America. Prommt is now trusted by many world-leading brands, particularly within automotive, hospitality, luxury retail and builders merchants sectors.
During 2022, we introduced open banking payments to the platform, known as Pay by Bank. By 2023, our breadth of capability expanded to include the orchestration of card or bank payments, via web, in App or via the traditional messaging channels. Our API seamlessly integrates bank and card payments to deliver greater impact to profitability by driving significant savings, at scale.
Prommt is highly suited to all enterprises who need to collect higher value payments. Collecting these payments carries a significant risk of unpaid transactions, payment operation costs, fraud and time spent chasing payments. We meet these challenges head on with average payment success rates greater than 90% and some clients reporting a reduction in card fees by almost 88%.
Prommt was named winner of the Best Open Banking Service Initiative awarded by Global Payments Innovation Awards 2023.
