UK SMEs lost £6.15 bn in sales last year as 41% of consumers abandon purchases when asked to make a manual bank transfer, according to open‑banking platform Tink. Read more: https://getnews.me/uk-smes-lose-6-15bn-to-transfer-fraud-pay-by-bank-safer-option/ #paybybank #opensbanking #uksmes
September 3, 2025 at 9:07 AM
UK SMEs lost £6.15 bn in sales last year as 41% of consumers abandon purchases when asked to make a manual bank transfer, according to open‑banking platform Tink. Read more: https://getnews.me/uk-smes-lose-6-15bn-to-transfer-fraud-pay-by-bank-safer-option/ #paybybank #opensbanking #uksmes