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 […]
Paul van Der Valk and Mark Munne have produced an at a glance SEPA Request to Pay infographic – featuring the RTP process, features and benefits. The infographic is based on the draft rulebook and a final version will be published by the EPC in November. Check out Paul’s Linked In post: The new SEPA Request to Pay at a glance by […]
Catherine Ferguson, Client Director at Manifesto Growth recently has written an interesting piece on the commercial opportunity for Request to Pay. Catherine explores two fundamental questions: Developing the front-end proposition: What’s the opportunity? Becoming a repository: What’s the opportunity? The article concludes: The key for entities grappling with Request to Pay is understanding where the specific opportunity lies for them, […]
Request to Pay, a new payment messaging service soon to be offered in the UK, could address payment friction. Instead of a paper bill, you’d be able to receive a payment request through an app on your phone, with the bill attached. You could decide to pay some or all of it there and then, clicking a few buttons to […]
Request to Pay is a new, flexible way for bills to be settled between people, organisations and businesses. The service is being developed by Pay.UK – link: Pay.UK Request to Pay. Request to Pay 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 […]
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 […]
