At a Glance
- Tasks: Lead product strategy for Direct Debit and emerging payment methods across the UK and EU.
- Company: Join Xplor Technologies, a leader in modern software and embedded payments.
- Benefits: Enjoy flexible working, paid parental leave, and mental health support.
- Other info: Fully remote role with opportunities for career growth and community involvement.
- Why this job: Shape the future of payments while making a real impact in fintech.
- Qualifications: 3+ years in product management with fintech experience and knowledge of payment regulations.
The predicted salary is between 72000 - 88000 £ per year.
Xplor Technologies powers the experiences at the heart of everyday life. Through modern vertical software, embedded payments, and AI-powered capabilities, we help businesses in fitness, recreation, golf and club, field services, laundry, education, and other membership-based and service-based industries simplify operations, uncover insights, and elevate customer and member experiences.
Xplor Pay is building the payments infrastructure of the future — embedded, intelligent, and designed for the verticals we serve. As Product Manager for Direct Debit & Alternate Payments, you will own the end-to-end product strategy and execution for our UK (Bacs) and EU (SEPA) Direct Debit rails, while simultaneously leading our expansion into Open Banking, account-to-account (A2A), and emerging payment methods across the UK and European markets.
- Own and evolve the product roadmap for Bacs Direct Debit (UK) and SEPA (EU), balancing merchant experience, operational efficiency, and regulatory compliance.
- Reduce failure rates, improve reconciliation flows, and drive down cost-per-transaction through product-led initiatives.
- Partner with Compliance and Legal to ensure adherence to UK FCA rules, EU PSD2/PSD3, GDPR, and scheme rules from Bacs, SEPA, and Pay.
- Work with the Commercial team to package and price Direct Debit as a competitive embedded payment option for Xplor's vertical SaaS partners.
- Lead the product development of Open Banking payment initiation (PIS) and account information (AIS) services under UK Open Banking standards and EU PSD2/PSD3 requirements.
- Define the roadmap for A2A payments, Variable Recurring Payments (VRP), and Request-to-Pay (RtP) as these rails mature in the UK and EU.
- Define quarterly and annual plans for the Direct Debit and Alternate Payments portfolio; conduct competitive analysis across incumbent acquirers, neo-banks, and specialist payment providers operating in UK/EU markets.
- Drive agile delivery with cross-functional squads — engineering, design, data, and QA — using clear PRDs, user stories, and acceptance criteria.
- Serve as the internal centre of excellence on UK/EU payment rails — educating sales, customer success, and commercial teams.
- Monitor product health via dashboards covering transaction volumes, failure rates, settlement times, and revenue contribution.
- Use AI coding assistants to prototype flows and validate API responses without full engineering overhead.
- Champion AI adoption within the Embedded Payments product team — document effective prompting patterns, share workflows, and help upskill peers.
- Use AI-powered analytics tools to monitor performance dashboards, surface anomalies in transaction data, and generate plain-language summaries for stakeholder updates.
This role is fully remote across the UK, with occasional meet-ups at our Newcastle office.
3+ years of product management experience in fintech, payments, or financial services.
- Deep hands-on knowledge of Bacs Direct Debit (UK) — scheme rules, mandate management, AUDDIS/ARUDD processing, indemnity claims.
- Solid understanding of SEPA Direct Debit, payment rails, and EU clearing cycles.
- Demonstrated experience with Open Banking — either as a PM building PIS/AIS products or in a closely adjacent commercial or technical role.
- Fluency in PSD2, PSD3 (in progress), and UK Open Banking regulatory frameworks.
- Track record of shipping B2B or embedded payment products from discovery through to production at scale.
- Strong commercial instinct: comfortable with unit economics, pricing models, and revenue forecasting.
- Exposure to SEPA Instant Credit Transfer (SCT Inst) or SEPA Payment Account Access (SPAA).
- Familiarity with GDPR data handling requirements as they apply to payment data.
As an Xplorer, you will be part of a global network of talented colleagues who will support your success. Paid Parental Leave benefit programs, #GiveBackDays/Commitment to social impact – 3 extra days off to volunteer and give back to your local community, ongoing dedication to Diversity & Inclusion initiatives such as D&I Council, Global Mentorship Program, access to free mental health support, flexible working arrangements.
Our connected ecosystem helps operators spend less time managing complexity and more time delivering the experiences that matter most. Xplor does not sponsor visas, either at the time of hire or at any later time. EEO and Artificial Intelligence: We use an applicant tracking system that includes artificial intelligence enabled features to assist with the screening and assessment of job applications, such as candidate scoring or ranking. We do not rely on artificial intelligence to make final hiring decisions. Xplor is dedicated to attracting, retaining and developing our people regardless of gender identity, ethnicity, sexual orientation, disability and age. Applications are encouraged from all sectors of the community.
Product Manager - Direct Debit & Alternate Payments in London employer: Xplor, Inc.
Xplor Technologies is an exceptional employer that fosters a dynamic and inclusive work culture, prioritising employee growth and development. With a focus on meaningful work, our remote Order to Cash Project Coordinator role offers the opportunity to collaborate with diverse teams across the globe while driving process improvements in a fast-paced environment. Employees benefit from flexible working arrangements, access to cutting-edge technology, and a supportive atmosphere that encourages innovation and personal development.
