Experience CGI

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

CGI UK

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0:00 | 15:17

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.