Research by American Express reveals that one third of UK consumers (33%) feel confident trying new online payment methods. Additionally, one in five (20%) report that the pandemic has made them more open to trying new forms of payment online, with the same number (20%) stating that it has also changed the way that they think about how they pay for products and services online. The […]
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 […]
This week we built a slide featuring our favourite Request to Pay words Digital | Empower | Priority | Friction Free | Flexible | Control | Ease of Use Read, subscribe and share Request to Pay: Unpacked is published by Mike Chambers and unpacks the UK’s new service that provides the ability to request payment for a bill. Mike is the Chairman of Answer Pay who […]
Have you read the excellent blog piece by James Stanley at Anglian Water highlighting the customer benefits of Request to Pay? Or maybe you’ve heard Sian Williams from Toynbee Hall discuss why Request to Pay is a step change in consumer empowerment? Source: Pay.UK featured guest blog by Peter Cornforth, Answer Pay Telegram to internet Underpinning all of these customer […]
With so many payment options in the market, what makes Request to Pay different and why should banks and PSPs be interested in it? The webinar recording from last weeks Request to Pay event organised by Consult Hyperion has just been posted – this webinar delves into this question and was led by CHYP’s Principal Consultant, Tim Richards. Tim was joined by James […]
Request to Pay is now available in the UK and is coming soon in Europe. Join Dave Birch and colleagues from Consult Hyperion for their weekly webinar to discuss transaction technologies and the issues our industry is facing – this week’s webinar featured Request to Pay. With so many payment options in the market, what makes Request to Pay different and why should banks and […]
John Broxis, Managing Director at Open Banking Europe has written a useful blog called “Scheming about Open Banking Schemes”. John’s article covers a wide range of topics including: What do we mean by a scheme, SEPA API Access, European Payments Initiative, PSD2 and Open Banking / Finance however, John’s views regarding SEPA Request to Pay that are of particular interest. […]
In edition 13 of Request to Pay: Unpacked Peter Cornforth (Commercial Director at Answer Pay) takes a look at “Pay By Link Or Request To Pay?” Peter’s article centres on a popular quote by Brett King is “Why banking is no longer somewhere you go, but something you do“ and suggests that it could be equally applied to Request to Pay “Why bill payment […]
M-Pesa success factors and what it can mean for the UK’s Request To Pay In this guest blog Peter Cornforth (Commercial Director at Answer Pay) takes a look at how the success of M-Pesa might act as a reference point for the UK’s Request to Pay eco-system. Peter writes: In this article I wanted to look at the success factors in growing a two-sided […]
Fintech company Answer Pay has made two strategic board appointments to support its growth plans. Mike Chambers joins the company as chairman and Finbarr Joy as a non-executive director. Mike is a highly experienced board director with a wealth of experience in the payments industry. He was previously chief executive of Bacs and is also an ambassador for the Emerging […]
Hear the Euro Banking Association’s explanation of how you can create value with Request to Pay: You’ll find more about Request to Pay at: RequestToPay.help.
Request to Pay is a new, flexible way for bills to be settled between people, organisations and businesses. What is Request to Pay (RtP)? RtP is a messaging service that has been created to complement existing payments infrastructure and gives billers the ability to request payment for a bill rather than simply sending an invoice. For each ‘request’, customers will […]
As we settle into Lockdown 2.0 with people barely recovered from Lockdown 1.0, it’s likely that more people will need to stay at home with suspected Coronavirus symptoms, whilst waiting for test results or having been notified by the government’s test and trace system. All this is only sustainable if people can keep up with the essentials like booking online […]
Ten things you should know about the new Request to Pay service What is Request to Pay? Pay.UK describe the new Request to Pay (RtP) service as: ….a secure messaging service framework launched on 29th May 2020. It is an overlay on top of existing payments infrastructure as a new flexible way to manage and settle bills between businesses and […]
UK Payments fintech Ordo announce strategic distribution partnership with e-money platform, Contis Ordo is making getting paid easy – helping businesses securely and simply collect bank payments from their customers. No hidden fees. No hassle. No worries. Open Banking is a game changer for businesses, not so much the technology, but what that technology means – no more waiting around […]
