What are Variable Recurring Payments (VRPs) and what impact will they have within payments and banking?

Our banking experts Sean Devaney and Andrew Dare take us through the details of what VRPs are and what it will mean for banks. Do they actually think it could lead to the end of open banking?!
 

VRPs do look a lot like direct debits, but the difference is that the number and frequency is capped. Find out more on their podcast or let Sean or Andrew know if you’d like to find out more or discuss this topic further.

 

For more information:

Visit our Payments page