Recurring Payments keep cashflow flowing

Everybody benefits from a steady ship. Recurring payments bring down your operational costs
and help with financial planning by keeping forecasts more predictable.

£600

£400 available to use

£1,000 credit limit

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10/24

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Amount

Minimum due

Date

10th of every month

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Making payments more predictable

Running a business is full of unforeseen twists and turns. And when inconsistent customer payments are added into the mix, things can become unnecessarily complex and inefficient.

Recurring payments can make things simpler for both businesses and customers. Whether that’s in financial services, utilities, entertainment or the needs of everyday life, they help everybody know what’s coming around the corner.

Recurring payments help reduce failed payments, streamline operational processes, improve cash flow and enhance customer experiences, helping retain customers for longer.

UI illustrations displaying successful recurring payments

Brilliantly flexible payments for every industry

Subscriptions

Our subscriptions do things differently for your customers. We’ve made them easy to set-up, highly visible, and easy to cancel. So simple, flexible payment plans are now a joy for everyone

Money management

Whether customers are saving, repaying loans or topping-up accounts, we’ve simplified and speeded up the process. Our seamless API moves funds in real-time and deposits immediately.

One click

With long-living mandates we can simplify payment experiences to a gratifying ‘one-click’, which customers love using. So conversion rates go up and customers keep coming back.

Split payments

You can now cost-effectively offer customers the opportunity to spread their payment into multiple instalments. That’s good for business and a great customer experience too.

A single API that does the hard work for you

Our single orchestrated API streamlines the best recurring payment technology for you and your customers, and scales with you as new innovations arrive.

Whether it’s fixed or variable subscriptions, money management, one-click or split payments, our single API does the work for you. It orchestrates every type of payment journey into one seamless initial-integration.

We’ve combined Direct Debit and Variable Recurring Payment (VRP) technologies to eliminate the dependency on cards and all the problems associated with them. This means a reduction in failed payment rates and boosted conversion rates.

woman smiling at phone with successful payment UI illustrations

No missed-payments

Card payments fail 18% of the time due to lost or expired cards. Our API connects straight to your customer's bank account, guaranteeing less frustration for your customers and no missed payments for you.

Exceptional conversion

Traditional recurring payments are painful for customers to set up. Our API saves customers time by removing manual data entries, and verifying ID in one simple first-payment experience, transforming conversion rates.

Flexible payments

Our Recurring Payments API gives customers the checkout choice they want. From fixed plans to variable payments, we give you and your customers freedom to organise the best plan for you.

Lower costs

We eliminate dependencies on cards, bringing you efficient alternatives to card-on-file set-ups. Our subscriptions and split payments cost less per transaction, and reduce fraud, churn, chargebacks and payment failure.

A major upgrade for customers too

Easy to set up

With smart engineering and beautifully designed user experiences, we give your customers a refreshingly simple set-up experience. We cut out the manual-input time associated with traditional recurring payments.

Easy to manage

Customers are wary of 'subscription traps,' where details are hard to see or cancel. Our payment plan details are highly visible and manageable in customer bank apps, helping them take control of budgeting decisions.

Increased security

Our innovative Recurring Payments do not depend on cards. So the associated fraud risks are much lower. And through open-banking, biometric security is seamlessly integrated into a simple sign-up process.

Built in protection

Both Variable Recurring Payments and Direct Debit technology offer built-in merchant and customer protections. This means customers feel reassured that funds will not be taken in error, helping build confidence.

Join Europe’s leading Pay by Bank network

A variety of people in separate elements surrounding a successful payment

40%

UK Pay by Bank transactions processed by us

12M

Consumers in our Pay by Bank network

90%

Of returning users convert to Pay by Bank

$100B

Annualised payment volume

Join our Pay by Bank network and connect to Europe’s leading network. That’s 12 million shoppers, with a new user joining every 3 seconds. We process almost half of all UK Pay by Bank transactions, with a 20+% uplift in first-time user conversion for shoppers in our network.

In the UK alone, Pay by Bank transactions have more than tripled over the past three years, reaching 23 million monthly payments in 2024. With higher volumes of customer data, we ensure your user journeys are brilliantly optimised, turning every shopper into a loyal customer.

Powerful add-ons keep your business nimble

Turbocharge your business operations and build brand equity with tools and data that help you know your customer, streamline experiences and give you real time visibility of transactions.

Recurring Payments integrate effortlessly

We’ve made integration with Recurring Payments as simple as it can be. Our powerful single API can be installed in minutes and you can be up and running in no time.

Go to docs

Console puts you in the driving seat

Ready to put your foot down? Console is brilliantly organised with all the tools and you need to accelerate your business. Breeze through billing, reconciliation breakdowns and download reports from it’s intuitively designed dashboard. Provide customers with refund updates and payment statuses, all from the one ultra-efficient hub.

TrueLayer Console screenshot on a Lavender background

Start building

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Our team helps keep your business flowing

Whatever technical support you need, our friendly team is here to help. As a venture backed business we’re hyper-focused on your success and can work at speed to help you meet your goals.

We have dedicated integration sales managers who are experts in your industry. They lock on to your business needs and proactively scope the best products and features and run tests to ensure you hit the ground running. They rally to meet your targets and troubleshoot any issues along the way.