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Photo by GoCardless on August 06, 2026. May be an image of poster, card, magazine and text that says 'What the new recurring payment policy means for energy providers Tom Burton Director of External Affairs and Public Policy GoCardless'.
Photo by GoCardless on August 06, 2026. May be a Twitter screenshot of text that says '01 UK energy debt hit £4.8bn* Millions of people have unpredictable incomes. Rigid payment dates lead to failed payments, charges, and mounting debt. Something has to change. *Source: Ofgem analysis, total debt and arrears for electricity and gas in @1 2026.'.
Photo by GoCardless on August 06, 2026. May be an image of text that says '02 Four million homes are on prepayment meters These households tend to be less financially secure but face higher energy bills and pay more to have control over their payments. Variable bank payments break that cycle, giving more control of payments with no premium. **Source: Resolution Foundation: The perils facing pre- pre-payment energy customers this winter'.
Photo by GoCardless on August 06, 2026. May be a graphic of text that says '03 A new recurring payment scheme is here Let Let customers set smart limits and align payments to their actual income thanks to recurring Pay by Bank.'.
Photo by GoCardless on August 06, 2026. May be an image of text that says '04 04 Better for customers and suppliers With fewer failed payments, lower admin costs and automatic balance checks, both customers and suppliers stand to benefit.'.
Photo by GoCardless on August 06, 2026. May be an image of card, poster and text that says 'The future of energy billing is flexible Read the full breakdown from Tom Burton. GoCardless'.
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What happens when a rigid payment system meets an increasingly unpredictable economy? Tom Burton, Director of External Affairs & Public Policy at GoCardless, unpacks why Recurring Pay by Bank could reshape how energy suppliers collect payments and how customers experience them. 🔗 Link in bio to find out more #OpenBanking #PayByBank #Payments

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