VRPs

VRPs: the key to open banking payments

VRPs: the key to open banking payments

How the world pays has changed dramatically since technology became part of the process. A pivotal advancement in these recent changes has been Open Banking Variable Recurring Payments (VRPs). Open Banking VRPs are beginning to drive the change regarding how customers pay for goods and services. As a result of more interconnected accounts, payments are more convenient, and transactions have seen a marked improvement in security.