We're launching standing orders in Payment Initiation, allowing end users to make recurring, scheduled payments with one authorisation. Standing orders are fast and efficient payment methods that don't require direct debit mandates, enabling benefits such as reduced account errors and fees, and the ability to pay for purchases over time with credit installments. This feature is now available for use in Payment Initiation, making it easier for users to set up recurring payments, including subscriptions, rent payments, utilities, and more. Existing customers can access the new feature through their Growth Account Manager or by contacting the Sales team.