Intelligent savings
Allow customers to automate sending money to their savings accounts, helping them save more efficiently and work towards their financial goals.
Automate me-to-me payments for smarter sweeping experiences
Sweeping VRPs let customers move money automatically between their own accounts from intelligent savings to overdraft protection, improving financial well-being while reducing cost and friction.
Build better sweeping payment experiences
Seamless customer experience
Offer effortless, one-click sweeping and auto-payments — from card repayments and overdraft protection to savings top-ups, creating smoother customer experiences.
Instant settlement
Enable customers to receive money transferred between their accounts instantly, improving cash flow for more dynamic financial management.
Greater flexibility
Unlike Standing Orders, Sweeping VRP allows payments to be initiated for variable amounts and on different schedules, all under a single user consent.
Enhanced security
Reduce risk with Strong Customer Authentication embedded in every consent authorisation and encrypted APIs, delivering peace of mind for your business and your customers.
HOW IT WORKS
Sweeping VRP in action
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1.Set up automatic top-ups
User sets the parameters of their automatic top-ups in the app, selecting values such as the maximum amount and monthly maximum transfer.
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2.Bank selection & login
User selects the bank account from which the funds should be swept and logs into their business bank account using secure methods such as 2-factor authentication and protected passwords for extra security.
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3.Review & approve sweeping parameters
User logs into their business bank account using secure methods such as 2-factor authentication and protected passwords for extra security.
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4.Confirmation
Sweeping VRP is enabled based on the user's set parameters.
Power sweeping payments with an open banking leader
Unrivalled UK coverage
With over 87% account reach in the UK, you can offer Sweeping VRP to the vast majority of consumers and businesses across personal and business accounts with major banks.
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A powerful, single API
A single API integration provides access to all of our banking partners, powering VRP payment use cases for smarter financial management.
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Start quickly with Yapily Connect
Get started quickly without the hassle of applying for an open banking licence. Use our licence via Yapily Connect to get to market faster.
Explore Yapily ConnectTransform financial management with Sweeping VRP
