Pay.UK have launched the Request to Pay Framework – the message standards, rules, and terms and conditions for the development of Request to Pay services.
The new Framework can now be used by organisations to create the first Request to Pay propositions, set to underpin a vibrant new market of payment messaging services.
“The Request to Pay Framework represents the culmination of a user driven journey that was began by Faster Payments, taken forward by the Payments Strategy Forum and we’re now excited to see come to fruition through Pay.UK with the support of stakeholders from across the industry.
It is another milestone on the way towards building a more flexible future for payment services, fit for the needs of people and businesses everywhere.
We’re looking forward to developers bringing Request to Pay propositions to marketPaul Horlock, CEO, Pay.UK
The publication of the rules and standards follows a collaborative development journey.
Over 400 organisations – ranging from start-ups to household name payment service providers – took part in an open sandbox to refine the Framework.
It was the tested in a live pilot where the full range of messages and potential responses were successfully sent and received.
Developers can access the new Framework and begin enrolment to provide Request to Pay services by visiting www.requesttopay.co.uk