Token.io presents a new survey report on Variable Recurring Payments (VRPs) and Sweeping, featuring key data and insights from over 55 senior open banking and payments professionals.
A glimpse into this report:
- Discover the three most compelling use cases for VRPs, according to senior open banking and payments professionals
- Learn what portion of merchants will support VRPs, and how many will actively seek to convert card-on-file scheduled payments to recurring bank transfers
- Understand why VRPs and sweeping are poised to make finance smarter
The green light for the OBIE to mandate sweeping through VRPs marked a massive milestone for A2A payments. Our research reveals VRPs are poised to ignite further explosive growth for open banking payments.