Wollette partners with Yapily to enable sweeping VRPs for wallet funding

Source: Yapily

Wollette, the integrated commerce platform connecting merchants, consumers, and banks, has announced its use of Yapily’s Open Banking infrastructure to enable sweeping Variable Recurring Payments (VRP) for wallet funding and balance management.

Wollette provides consumers with an interest-bearing wallet that can be used to save and spend. Through Yapily’s sweeping VRP capability, customers can authorise automatic transfers from their personal bank account to their wallet whenever the wallet balance falls below a customer-defined threshold, without needing to manually initiate each transfer.

Advancing account-to-account payments in everyday retail

Wollette gives merchants a suite of tools built around Open Banking, including a point-of-sale system, digital receipts, customer loyalty programmes, and data analytics.

By combining the convenience consumers have come to expect from card-based payments with the efficiency of account-to-account infrastructure, Wollette is delivering a streamlined payment experience for consumers while helping merchants reduce payment acceptance costs.

The integration with Yapily forms an important part of this experience by enabling customers to automatically replenish their wallet balance through customer-authorised sweeping VRPs. This helps ensure funds are available when needed while removing the need for repeated manual top-ups.

The same experience extends online through Wollette’s pay-by-link functionality, giving merchants a unified way to accept payments across channels while providing consumers with a simple and consistent payment experience.

Yapily is an Event Partner of Open Banking Expo UK & Europe 2026, which takes place on 13-14 October at the Business Design Centre in London. Click here to find out more.

Further reading: Yapily provides bank account verification to Google Cloud customers in Europe