Request to Pay – a growing global trend in payments

Accenture (Amit Mallick and Sudipta Kundu) recently posted a blog about the important role Request to Pay (RtP) will play in the future of payments. 

Accenture argue that RtP will bring flexibility to payers, cost reduction and efficiency to billers, and a huge value opportunity to financial services providers that have an Open Banking infrastructure in place.

In the post, Accenture take a look into RtP services from across the globe covering:

  • UK: Request to Pay framework 
  • Europe: SEPA Request to Pay Scheme
  • Australia: BPAY
  • Nordics: OmniBilling

More:

Payments Tracker

Onboarding giving your customers a headache? Open banking is a painkiller you need

What rising inflation mean for the UK’s subscription businesses

ATM Tracker

Why speed matters

Preventing fraud and misdirected payments

Where does Request to Pay go from here?

ATM Tracker

Is Britain ready to go cashless?

Inflation and how it will affect subscription based businesses

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