Case Study

HMRC BECOMES THE IN THE WORLD TO LAUNCH OPEN BANKING PAYMENTS

HMRC BECOMES THE IN THE WORLD TO LAUNCH OPEN BANKING PAYMENTS

Pages 3 Pages

HMRC, in collaboration with Capgemini, launched the world’s first public sector Open Banking payment initiation system, enabling UK taxpayers to pay taxes directly from their bank accounts, bypassing card payments. This system provides greater certainty, convenience, and cost efficiency, reducing payment errors and eliminating card fees. Capgemini supported HMRC in developing and testing the solution with users, ensuring it met diverse needs. Since its launch in 2021, the system has saved HMRC significant costs and improved overall payment accuracy, streamlining the tax payment process for both individuals and businesses.

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