VRPs, or Variable Recurring Payments, are a type of payment mechanism that offers consumers more control and security compared to direct debits and card payments. They allow consumers to approve transactions that vary in amount month-to-month within specific parameters controlled by the consumer. VRPs have several benefits, including lower risk for consumers compared to direct debits and recurring card payments, which can be vulnerable to fraud, data breaches, and failed payments. The proposed principles for driving VRP adoption include capping CVRP issuer fees, creating a thin rulebook for VRPs that is enforced by an industry-agreed entity, and adopting a push payment framework rather than a pull payment mechanism, as direct debits and recurring card payments require consumers to hand over sensitive financial information. These principles aim to address outstanding questions around dispute resolution, payment security, and certainty, as well as the cost efficiency of VRPs relative to other payment methods.