We're delighted to finally announce that GoCardless, along with 30 other fintechs, are supporting the creation of a new operator body in the UK. The mission of the operator will be to drive forward commercial variable recurring payments (VRPs) and help bring to life the National Payments Vision.
31 firms - including fintechs, high street and challenger banks, and payment providers – have agreed to fund and take forward the initial phase of commercial variable recurring payments (CVRPs). This will support the creation of a new entity that will be owned and run by industry, and is the next step in implementing a key element of the Government's National Payments Vision. You can see the full list of funders here>> https://lnkd.in/eBETcgVa Financial Conduct Authority| Payment Systems Regulator | HM Treasury | Innovate Finance | The Payments Association | UK Finance | Pay.UK #IFGS 2025 #UKFW2025 #OpenBanking #OpenFinance #Payments