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:

ATM Tracker

In terms of the coins in your pocket, it’s useless

SurePay announces One European IBAN-Name Check 

How can the travel industry leverage open banking to overcome challenges

The what, why, how and when of the JROC report

Payments Tracker

SurePay expands UK team with Sinitta Singh, to take on expected PSR Group 2 inflow

Taranis Capital announces its Advisory Board

Using The Best Confirmation of Payee Algorithm Is The Only Way For PSPs To Avoid Immense Losses Due To APP Fraud Liability

Big data sharing: Navigating the regulation minefield

Comments are closed.

Up ↑