The next stage for UK account-to-account payments.

Commercial Variable Recurring Payments (cVRP) enable customers to authorise regulated providers to initiate payments on their behalf, within clear, controlled parameters set by the customer.

Unlike Direct Debit, cVRPs settle in near real time, are authenticated through the customer’s bank, and give users full visibility and control over every mandate.

Instant

24/7

Secure

Bank grade security

Open Banking

100% aligned

Settlement Speed

Instant, by design.

cVRP < 1s
Card c.1 day
Direct Debit c.3 days

100%

Instant cancellation

100%

Faster payments

100%

Bank-authenticated

A staged approach to market rollout.

UKPI is delivering cVRP through a phased rollout, designed to ensure stability, regulatory alignment and strong consumer protection from day one.

Wave 1

Controlled rollout
to build confidence

The first phase brings ASPSPs and TPPs together to serve low risk uses cases in the real world. This builds the foundations ahead of wider availability.

  • Increase participation
  • Refine journeys to better serve customers
  • Embed operational processes across firms
  • Build support for wider rollout

Pay with cVRP

Acme energy company

Mandate parameters

Max per year £1,500
Max per week £120
Max per payment £120

Between your own accounts · Cancel anytime

Wave 2

cVRPs extended
to many more businesses

The second phase extends cVRP to more merchants and service providers, unlocking a scalable alternative to cards and Direct Debit for recurring and variable payments.

  • Use case range extended
  • Protection model evolution
  • One-click checkout for returning customers
  • Usage-based billing models

Pay with cVRP

Acme One-Click Checkout

Mandate parameters

Max per year £1,000
Max per week £100
Max per payment £100

Bank-grade authentication · Cancel anytime

Built to benefit every participant.

cVRP delivers value across the UK payments ecosystem, for consumers, businesses and the institutions that support them.

Join the Scheme

Consumers

Greater control over mandates, real-time visibility of payments, and secure bank authentication on every transaction.

Merchants & Businesses

Faster settlement, competitive processing costs, fewer failed payments, and a simpler checkout experience for repeat customers.

Financial Institutions

New revenue opportunities through APIs, deeper customer engagement, and reduced fraud and chargeback exposure.

Regulators & Industry

Improved oversight, transparent payment parameters, and a standardised model aligned with Open Banking principles.

Questions about cVRP, answered.

Everything you need to know about commercial Variable Recurring Payments, how the rollout works, and what it means in practice.

What is a commercial Variable Recurring Payment (cVRP)?

A cVRP allows a regulated provider to initiate payments from a customer’s account on a recurring or variable basis, within limits set and approved by the customer through their bank.

How are cVRPs different from Direct Debits?

cVRPs are authenticated through the customer’s bank, settle faster, and give users more control over how and when payments are made.

When will Wave 2 commercial use cases launch in the UK?

Wave 2 will follow the initial Wave 1 use cases, with rollout aligned to industry readiness and regulatory guidance.

Are cVRPs regulated and secure?

Yes. cVRPs operate within the UK’s Open Banking framework, with strong authentication and clearly defined consumer protections.

How can my organisation get involved with UKPI?

Organisations can join UKPI as members or participate in working groups shaping the standards.

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