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TechnologyPayment Expert · 2h ago

VRPs: the future of UK bank-to-bank payments

By Louis Thompsett•October 5, 2026

The brief

Commercial VRPs went live in June 2026 in the UK, offering an account-to-account alternative to Direct Debit. Here is what they do and where they stand. Variable Recurring Payments let a customer authorise a regulated third party to take money from their bank account on a repeating basis, within limits the customer se…

Original report

Payment Expert

Summary is editorial. Full reporting, images and rights belong to the source.

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