Select product

Choose payment type

Select bank

Set up payment

Authenticate

Success

Get to know VRPs

VRPs are the new, digital-first way to enable frictionless recurring payments – all powered by open banking.

Real-time payments
  • Instant or near-instant payments

  • Real-time payment confirmation

  • Synchronous status updates

Flexible mandates
  • Custom collection cycles

  • Smart retries

  • Instant notification of funds

Account to account
  • Secure bank authentication

  • Open banking payment technology

  • Recurring payment dashboards

How can VRPs help you?

Billing and invoicing

Upgrade the customer experience and minimise collection failures with efficient, flexible billing cycles and instant settlement.

One-click payments and top-ups

After authenticating just once, your customers can make one-click payments that settle instantly on an ongoing, ad-hoc basis.

Subscriptions

Minimise collection failures by pre-verifying account balances and receiving instant status updates.

Credit and lending

Give customers a better way to repay loans, credit cards, and overdrafts by automatically collecting funds from an account with a positive balance.

Why your customers will love VRPs

More control

Set maximum payment amounts, collection dates and a time limit on the mandate consent.

Transparency

See all recurring payment mandates in one place and get live notifications when payments are collected.

Simpler setup

No need to enter details manually – authenticate recurring payments once with Face ID or a fingerprint and get an instant confirmation.

How businesses can use VRPs

How businesses can use VRPs

VRPs work similarly to direct debits, except payments are authenticated right away with the customer’s bank and run on open banking rails – meaning it’s faster, more cost-effective, and secure.

  • Ad-hoc payments such as automated top-ups

  • Fixed recurring payments for subscriptions or rental payments

  • Variable recurring payments for loan or BNPL repayments and utility bills

How businesses can use VRPs

How businesses can use VRPs

VRPs work similarly to direct debits, except payments are authenticated right away with the customer’s bank and run on open banking rails – meaning it’s faster, more cost-effective, and secure.

  • Ad-hoc payments such as automated top-ups

  • Fixed recurring payments for subscriptions or rental payments

  • Variable recurring payments for loan or BNPL repayments and utility bills

Learn about VRPs

Meet the Tink platform

An ever-expanding suite of tools, SDKs, resources and guides developers use to build great products.

Tink API

One integration connects you to

6,000+

Connections to all major banks across Europe

18

countries across Europe

Tink API

Tink Console - your open banking control panel

Easily tap into the world of open banking with the Tink Console – an intuitive developer interface that lets you access financial data and configure, customise, and manage your applications.

‘Best Developer Dashboard’

DevPortal awarded Tink as ‘Best Developer Dashboard’ for providing a great developer experience. 

Setup and configuration

Configure, customise, manage, and deploy access to the financial data powering your apps.

Usage reports

Get real-time usage and performance reports without the need for a third-party solution.

Team roles

Give the right level of access to team members within your organisation.

What does connecting to banks really mean?




Explore the full range of products through Tink Console, using test bank data for the complete testing experience. Dive into guides, resources and sample projects below to help you get up and running with your account.

Get started with Tink

Contact our team to learn more about what we can help you build – or create an account to get started right away.

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