A new scheme for repeat payments in the UK .

UKPI is building a new way to handle repeat payments directly from bank accounts. They’re designed to give people more control, give businesses more certainty, and create a genuine alternative to cards and Direct Debit.

Explore initiative About UKPI

Built with banks, fintechs and payment providers across the UK

Banks

PSPs

Merchants

Regulators

25+

Participating organisations

Use cases in Wave 1 and more to follow

100%

UK-focused

Built by the institutions behind UK payments

UKPI brings together the organisations responsible for how money moves across the UK. From banks and fintechs to payment providers and infrastructure partners, the initiative is industry-led and designed to work for the whole ecosystem.

Independent governance

Industry-owned and operated

Cross-industry collaboration

Banks, fintechs and payment providers

Regulator aligned

Built to support UK payments priorities

Long-term infrastructure

Designed to scale and evolve over time

A new scheme for the UK payment ecosystem

About cVRP

Recurring Payment Framework

Bank Integration

Compliance and Safeguards

Data and Reporting

Recurring Payment Framework

Bank Integration

Compliance and Safeguards

Data and Reporting

Find out more about UKPI and what we are doing

Insights into the future of account-to-account payments in the UK

Developed by the industry,
for the industry

UKPI is shaped by the organisations who will use it. Through working groups, technical collaboration and shared governance, the model is designed to reflect real-world needs and deliver something that works in practice.

End-to-end framework

UKPI's approach is developed in alignment with FCA expectations and UK regulatory frameworks, giving members a credible foundation for implementation.

Designed for institutional adoption

Specifications and operating models are written for banks, PSPs and technical providers so teams can integrate once and interoperate across the ecosystem.

Written for the ecosystem

Documentation, APIs and guidance follow patterns familiar to industry engineers, reducing bespoke integration work while leaving room for innovation.

Collaborative governance

Working groups and transparent decision-making help framework evolve with market feedback and stay practical to implement.