EP662: How excited should you be about VRP?

Andrew Boyajian, Head of Variable Recurring Payments, Tink

The UK payments landscape is changing; you might even say it is getting more complex with a multiplicity of payment options now on the table for consumers. Latest to the table is ‘pay by bank’ and coming soon to a bank near you, VRPs in 2 flavours, sweeping and commercial. All of which is fascinating, not to say, exciting for the industry but do banking customers understand what’s coming? Robin Amlôt of IBS Intelligence speaks to Andrew Boyajian, Head of VRP at European open banking platform and Visa subsidiary Tink.