
Variable recurring payments
Reduce costs, fraud and friction with recurring payments — powered by open banking.
“This isn’t innovation for the sake of it. VRPs deliver meaningful benefits — consumers are firmly in control, the service is secure and user friendly, the cost of service is competitive, and regular payment approval rates are likely to be phenomenal.”

CIO

Fast, successful recurring payments
With VRPs, funds settle in seconds, unlike cards and direct debits which can take up to five days — helping you stay on top of your cash flow. Increase payment success with a method that doesn’t expire and allows you to confirm funds before taking a payment.
Instant pay-ins
Real-time payment confirmation

More secure
Payments are authenticated directly with the bank using strong customer authentication (SCA), reducing fraud and unauthorised transactions. And by removing the need to store card details or passwords your customer’s data is kept safe and secure.
Bank authentication
SCA compliant
PSD2 compliant

Cut costs
Say goodbye to card interchange fees and high operational costs. And save time by automating manual processes like reconciliation or chasing late payments.
Account to account payments
Merchant account
Payments dashboard

How can I use VRPs?
Credit and lending
Let customers set up flexible and secure repayment plans. And increase success rates by confirming availability of funds before taking a payment.
Savings and personal finance apps
Vary the amount for automatic savings and investments based on your customer’s financial situation.
Current accounts
Allow customers to automatically top up their current account when the balance is low to help them avoid overdraft fees.
On-demand economy
Offer secure and high converting one-click checkouts and receive funds right away.
Proptech
Automate rent collection to eliminate inefficient manual processes like maintaining rent schedules and chasing late payments.
Subscriptions
Maximise payment success and retain your customers for longer with a payment method that doesn’t expire.
How your customers benefit from VRPs
More control
Set maximum payment amounts, collection dates and a time limit on the mandate consent.
Full visibility
See all existing mandates in one place and receive live notifications when payments are processed.
Less friction
Authorise recurring payments just once with fingerprint of facial recognition — no need to enter any details manually.


Frequently asked questions
Everything you need to know about VRPs
Want to learn more?

