{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Payment Expert Podcast","title":"The Future of Payment Automation with UK Payments Initiative (UKPI)| Ep. 013","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/6495c9e9\"></iframe>","width":"100%","height":180,"duration":1345,"description":"This episode features insights from the launch of the UK Payments Initiative (UKPI) at Money20/20 Europe, focusing on how Commercial Variable Recurring Payments (cVRPs) are transforming the open banking landscape. Experts discuss the phased rollout of these payment methods, regulatory and pricing frameworks, and the ecosystem collaboration required for widespread consumer adoption.Key TopicsThe evolution of UKPI and the shift to commercial-driven open bankingCommercial Variable Recurring Payments (cVRPs) vs. traditional direct debits and cardsThe phased rollout of cVRPs (Wave 1 restricted use cases to Wave 2 broader applications)Consumer benefits, including payment parameters, visibility, and control within banking appsRegulatory considerations, independent pricing principles, and mitigation of litigation risksTechnical plumbing, industry collaboration, and transaction volume as key success metricsHost: Louis Thompsett\nGuest: Richard Mould\nProducer: Anaya McDonald\nEditor: Anaya McDonald\nLearn more about the latest payments insights: https://paymentexpert.com","thumbnail_url":"https://img.transistorcdn.com/x2AisWu-O0-jJGBjbb6bp8_EKOIbCdh06yuEKJ5YS6Y/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9mOGQ4/MGQ1ZjhhNGRjYWY0/NzI0Nzc4NTRmNjU5/MDNlNy5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}