Variable Recurring Payments – could they lead to the end of open banking?!

Experience CGI

Experience CGI
Variable Recurring Payments – could they lead to the end of open banking?!
Feb 23, 2022
CGI UK

This podcast explores what Variable Recurring Payments (VRPs) are and what their introduction and usage will mean to the banks.

VRPs are a new payments feature offered through the open banking service in the UK, and are a form of payment instruction that can be set up and used to make a series of future and recurring payments.