Recurring Payments
Explore the leading open banking providers delivering secure, reliable recurring payments solutions for 2026.
Ready to get started with Open Banking?
Talk to an Ivy expert today and see how our default global, default instant financial infrastructure is helping leading companies grow through Open Banking.
This information is provided for general informational purposes only and is based on publicly available sources as of January 2026. It is intended solely to describe certain third party products and services in a factual and non evaluative manner. We do not represent, endorse, or have any affiliation, partnership, or commercial relationship with any third party provider unless explicitly stated. Product features, service scope, and regulatory permissions may change over time and may differ depending on jurisdiction. Readers should independently verify any information directly with the respective provider before making business or commercial decisions. All third party product names, trademarks, and logos are the property of their respective owners. For corrections or updates, please contact shifa.rahaman@getivy.io.
FAQ
Frequently asked questions
What are recurring payments?
Recurring payments are automated, scheduled transactions where funds are regularly collected from a customer’s account for ongoing services or subscriptions. They ensure predictable billing for businesses and convenience for users. These payments can be fixed or flexible in amount and are widely used across sectors like SaaS, utilities, memberships, and digital services.
What are the best open banking providers for recurring payments?
The best open banking providers for recurring payments offer stable APIs, high bank coverage, strong authentication flows, and support for VRP. Leading providers include TrueLayer, GoCardless, Tink and Yapily, depending on your geography, regulatory requirements, and business requirements.
Can you set up recurring payments with open banking?
Yes, recurring payments can be set up through open banking. Customers authorise a provider to collect payments on an ongoing basis. Availability varies by region and regulation, but open banking increasingly supports automated, compliant, and secure recurring billing models.
What are variable recurring payments (VRP)?
Variable recurring payments (VRP) allow authorised providers to initiate payments of varying amounts on a customer’s behalf after a single consent is granted. VRP gives businesses flexibility to charge based on usage, balances, or dynamic billing. It enhances automation, reduces manual payment friction, and maintains strong customer control and regulatory safeguards.
Recurring Payments
Explore the leading open banking providers delivering secure, reliable recurring payments solutions for 2026.
Ready to get started with Open Banking?
Talk to an Ivy expert today and see how our default global, default instant financial infrastructure is helping leading companies grow through Open Banking.
This information is provided for general informational purposes only and is based on publicly available sources as of January 2026. It is intended solely to describe certain third party products and services in a factual and non evaluative manner. We do not represent, endorse, or have any affiliation, partnership, or commercial relationship with any third party provider unless explicitly stated. Product features, service scope, and regulatory permissions may change over time and may differ depending on jurisdiction. Readers should independently verify any information directly with the respective provider before making business or commercial decisions. All third party product names, trademarks, and logos are the property of their respective owners. For corrections or updates, please contact shifa.rahaman@getivy.io.
FAQ
Frequently asked questions
What are recurring payments?
Recurring payments are automated, scheduled transactions where funds are regularly collected from a customer’s account for ongoing services or subscriptions. They ensure predictable billing for businesses and convenience for users. These payments can be fixed or flexible in amount and are widely used across sectors like SaaS, utilities, memberships, and digital services.
What are the best open banking providers for recurring payments?
The best open banking providers for recurring payments offer stable APIs, high bank coverage, strong authentication flows, and support for VRP. Leading providers include TrueLayer, GoCardless, Tink and Yapily, depending on your geography, regulatory requirements, and business requirements.
Can you set up recurring payments with open banking?
Yes, recurring payments can be set up through open banking. Customers authorise a provider to collect payments on an ongoing basis. Availability varies by region and regulation, but open banking increasingly supports automated, compliant, and secure recurring billing models.
What are variable recurring payments (VRP)?
Variable recurring payments (VRP) allow authorised providers to initiate payments of varying amounts on a customer’s behalf after a single consent is granted. VRP gives businesses flexibility to charge based on usage, balances, or dynamic billing. It enhances automation, reduces manual payment friction, and maintains strong customer control and regulatory safeguards.
Recurring Payments
Explore the leading open banking providers delivering secure, reliable recurring payments solutions for 2026.
Ready to get started with Open Banking?
Talk to an Ivy expert today and see how our default global, default instant financial infrastructure is helping leading companies grow through Open Banking.
This information is provided for general informational purposes only and is based on publicly available sources as of January 2026. It is intended solely to describe certain third party products and services in a factual and non evaluative manner. We do not represent, endorse, or have any affiliation, partnership, or commercial relationship with any third party provider unless explicitly stated. Product features, service scope, and regulatory permissions may change over time and may differ depending on jurisdiction. Readers should independently verify any information directly with the respective provider before making business or commercial decisions. All third party product names, trademarks, and logos are the property of their respective owners. For corrections or updates, please contact shifa.rahaman@getivy.io.
FAQ
Frequently asked questions
What are recurring payments?
Recurring payments are automated, scheduled transactions where funds are regularly collected from a customer’s account for ongoing services or subscriptions. They ensure predictable billing for businesses and convenience for users. These payments can be fixed or flexible in amount and are widely used across sectors like SaaS, utilities, memberships, and digital services.
What are the best open banking providers for recurring payments?
The best open banking providers for recurring payments offer stable APIs, high bank coverage, strong authentication flows, and support for VRP. Leading providers include TrueLayer, GoCardless, Tink and Yapily, depending on your geography, regulatory requirements, and business requirements.
Can you set up recurring payments with open banking?
Yes, recurring payments can be set up through open banking. Customers authorise a provider to collect payments on an ongoing basis. Availability varies by region and regulation, but open banking increasingly supports automated, compliant, and secure recurring billing models.
What are variable recurring payments (VRP)?
Variable recurring payments (VRP) allow authorised providers to initiate payments of varying amounts on a customer’s behalf after a single consent is granted. VRP gives businesses flexibility to charge based on usage, balances, or dynamic billing. It enhances automation, reduces manual payment friction, and maintains strong customer control and regulatory safeguards.
Recurring Payments
Explore the leading open banking providers delivering secure, reliable recurring payments solutions for 2026.
Ready to get started with Open Banking?
Talk to an Ivy expert today and see how our default global, default instant financial infrastructure is helping leading companies grow through Open Banking.
This information is provided for general informational purposes only and is based on publicly available sources as of January 2026. It is intended solely to describe certain third party products and services in a factual and non evaluative manner. We do not represent, endorse, or have any affiliation, partnership, or commercial relationship with any third party provider unless explicitly stated. Product features, service scope, and regulatory permissions may change over time and may differ depending on jurisdiction. Readers should independently verify any information directly with the respective provider before making business or commercial decisions. All third party product names, trademarks, and logos are the property of their respective owners. For corrections or updates, please contact shifa.rahaman@getivy.io.
FAQ
Frequently asked questions
What are recurring payments?
Recurring payments are automated, scheduled transactions where funds are regularly collected from a customer’s account for ongoing services or subscriptions. They ensure predictable billing for businesses and convenience for users. These payments can be fixed or flexible in amount and are widely used across sectors like SaaS, utilities, memberships, and digital services.
What are the best open banking providers for recurring payments?
The best open banking providers for recurring payments offer stable APIs, high bank coverage, strong authentication flows, and support for VRP. Leading providers include TrueLayer, GoCardless, Tink and Yapily, depending on your geography, regulatory requirements, and business requirements.
Can you set up recurring payments with open banking?
Yes, recurring payments can be set up through open banking. Customers authorise a provider to collect payments on an ongoing basis. Availability varies by region and regulation, but open banking increasingly supports automated, compliant, and secure recurring billing models.
What are variable recurring payments (VRP)?
Variable recurring payments (VRP) allow authorised providers to initiate payments of varying amounts on a customer’s behalf after a single consent is granted. VRP gives businesses flexibility to charge based on usage, balances, or dynamic billing. It enhances automation, reduces manual payment friction, and maintains strong customer control and regulatory safeguards.
Money, at internet speed
INTEGRATION
Copyright © 2025 Ivy GmbH. All rights reserved.
Ivy GmbH may provide payment services through Ivy Pay Oy, which is an Authorized Payment Institution. Ivy Pay Oy's license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3292703-8. Your account and related payment services are provided by one or more financially regulated partner. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act.
Money, at internet speed
INTEGRATION
Copyright © 2025 Ivy GmbH. All rights reserved.
Ivy GmbH may provide payment services through Ivy Pay Oy, which is an Authorized Payment Institution. Ivy Pay Oy's license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3292703-8. Your account and related payment services are provided by one or more financially regulated partner. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act.
Money, at
internet speed
INTEGRATION
Copyright © 2025 Ivy GmbH. All rights reserved.
Ivy GmbH may provide payment services through Ivy Pay Oy, which is an Authorized Payment Institution. Ivy Pay Oy's license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3292703-8. Your account and related payment services are provided by one or more financially regulated partner. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act.
Money, at internet speed
INTEGRATION
Copyright © 2025 Ivy GmbH. All rights reserved.
Ivy GmbH may provide payment services through Ivy Pay Oy, which is an Authorized Payment Institution. Ivy Pay Oy's license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3292703-8. Your account and related payment services are provided by one or more financially regulated partner. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act.