The PSR has followed up on its December call for views on how it could support expansion of Variable Recurring Payments to regulated financial and utilities services and to local and central government. Generally, there was support both for greater coordination of the proposed expansion through a multilateral agreement to manage the relationship between sending firms and PISPs, and for some level of mandated participation. There were mixed views on how best to price API access, so the PSR will look at different pricing approaches.
Published date: 19 August 2024
