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Open banking’s next big thing could replace direct debits

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10 March 2022

Variable recurring payments could fuel the next stage of open banking take-up in the UK

Kieran Hines, analyst at Celent, said: “VRP has huge potential to bring new propositions for merchants and other businesses when it comes to how to offer customers more choice around how to pay, as well as potential efficiencies in managing in-bound payments.”

Read more via Computer Weekly

News article details

Industry
Retail Banking
Media Type
News Articles
Geographic Focus
Asia-Pacific, EMEA, LATAM, North America