TrueLayer has unveiled a recurring payments API capable of dealing with both sweeping and non-sweeping use cases. The Competition and Markets Authority(CMA) has mandated the UK’s nine largest banks to provide Variable Recurring Payments (VRPs) that support the automatic transfer of money between two accounts belonging to the same person.VRPs allow customers to connect authorised payments providers... Continue Reading →

In the latest Payments:Unpacked podcast we discuss Variable Recurring Payments (VRPs) with Sean Devaney https://open.spotify.com/episode/5OeaM9F1vyUOic0NrvczWe?si=tNKmlLmxR1mg_2pxpeu0Yw

Recurring Payments: 50 Years of faithful service  After over 50 years of faithful service we are well versed on the subject of the Bacs Direct Debit. With 4.6 billion DD’s processed each year they are the pre-eminent form of collecting regular payments efficiently and cost effectively from our bank accounts. To date viable alternatives to Direct... Continue Reading →