PostePay and Mastercard are partnering to usher in a request-to-pay (RTP) solution in Italy to offer businesses greater control and flexibility over bill payments and cash flow. RTP gives billers the ability to ask for payment online in real-time while the payer at the same...
Request-to-pay features have emerged with promises to benefit merchants, financial institutions and billers. The message exchange service allows payees or creditors to collect a payment from a debtor or payer. As a result, payees can benefit from increased control over the payment process, accelerate incoming...
EBA CLEARING is launching a request to pay (R2P) solution in Europe and created specifications with the input of 27 financial institutions from 11 countries, EBA announced in a press release on Monday (Dec. 16). With the R2P solution scheduled to go live in November...
The payments industry has been riding the wave of shifting consumer habits and demands, placing the end-user experience at the forefront of new products, services and infrastructure. Those users, both consumers and businesses, aren’t just demanding choice, however. With the adoption of instant payment schemes...
February 14, 2023
The U.K. has been experiencing a widespread payments fraud epidemic in recent years. Authorized push payment (APP) fraud, for example, increased 40% between 2020 and 2021 and amounted to £583 million ($706 million) in losses in 2021, nearly half of the £1.3 billion ($1.57 billion) lost to overall fraud incidents that year, per UK Finance. […]
September 23, 2021
Request-to-pay features have emerged with promises to benefit merchants, financial institutions and billers. The message exchange service allows payees or creditors to collect a payment from a debtor or payer....
October 30, 2019
The payments industry has been riding the wave of shifting consumer habits and demands, placing the end-user experience at the forefront of new products, services and infrastructure. Those users, both...
October 11, 2022
PostePay and Mastercard are partnering to usher in a request-to-pay (RTP) solution in Italy to offer businesses greater control and flexibility over bill payments and cash flow. RTP gives billers the ability to ask for payment online in real-time while the payer at the same time can choose to accept or deny the request, and […]
December 16, 2019
EBA CLEARING is launching a request to pay (R2P) solution in Europe and created specifications with the input of 27 financial institutions from 11 countries, EBA announced in a press...
September 18, 2019
Pan-European payment infrastructure provider EBA CLEARING is rolling out a new request to pay (R2P) solution supported by 26 payment service providers (PSPs) from 11 countries, the company said in...
June 15, 2016
Industry analysts agree that late B2B payments threaten the survival of small and medium-size enterprises. Often operating within thin margins, sometimes without easy access to working capital financing, SMEs can...
