Open Banking Recurring Payments: The Future of Payment Risk and Retention | Presented by Acquired
Summary
As card interchange, scheme fees, and chargeback volumes continue to climb, enterprise merchants are looking beyond legacy card-on-file and Direct Debit rails. Commercial Variable Recurring Payments (cVRPs) and Open Banking account-to-account (A2A) transfers are moving from regulatory concepts into high-performing commercial realities.
Hosted by Acquired alongside the UK Payments Initiative (UKPI), this session explains how Open Banking recurring payments address the core vulnerabilities facing MRC members today: friendly fraud, authorization drops, and escalating processing costs.
Attendees will get a plain-English explanation of Variable Recurring Payments (VRPs) and how they compare with Direct Debit and card-based recurring payments. The session also covers why businesses are adopting VRPs now, which sectors are leading the way, and how the industry is working to help the rail scale.
The discussion goes beyond cost reduction to examine how cVRPs help merchants balance operational issues, customer experience, control, and risk. The session will also show how enterprise merchants can build Open Banking into smart routing strategies that direct each purchaser to the optimal payment rail at checkout.
Learn how instant bank-to-bank settlement and dynamic consent limits can eliminate involuntary churn, card expiration drop-offs, and operational overhead. Register for this live session on Wednesday, 20 January 2027, 07:00-08:00 CST.
What You'll Learn
- Understand what VRPs are, how they compare with Direct Debit and cards for recurring payments, and why businesses are adopting them now across key sectors.
- Explore how cVRPs balance operational issues, customer experience, control, and risk, and how Open Banking fits into smart checkout routing strategies.
- Determine how instant bank-to-bank settlement and dynamic consent limits reduce involuntary churn, card expiration drop-offs, and operational overhead.
Speakers
