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Whitepaper Request to Pay (part 1)

Request to Pay (RTP) provides more potential for financial institutions in the e-billing market

With RTP invoice recipients can pay the receivable with just a single click. In combination with e-billing completely electronic invoicing and payment processes are possible. Financial service providers can benefit from these changes. You can read about the available options in the whitepaper "Request to Pay completes the electronic payments process".

 

The whitepaper gives a concise overview of the current global market situation for electronic invoices. All the involved parties, from the invoice sender to the financial institutions to the debtor, can reap the benefits of extensively digitalised invoicing and bill payment processes.

Request to Pay is the standard for the logical next step: the electronic payment instruction regarding the invoice amount as a one-click solution. For that, RTP can be used both as a stand-alone solution and an addition to the e-billing. Financial service providers should act now and prepare their IT systems accordingly.

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Reasons for the integration of RTP and e-billing functionalities into the financial institution's IT ecosystem:

  • Visible proof of expertise in the area of digitalisation for your customers.
  • Intensified customer contact, especially regarding additional services.
  • Point of contact for added-value services, for example:
    • Archiving
    • Business data analysis
    • Audit simplification
    • ERP check
  • For e-billing or RTP an established market leader does not yet exist. This outset also provides opportunities for smaller institutions.

Download Whitepaper

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Contacts

Eric Waller

Contact

Eric Waller
Senior Manager

+49 160 97932712
Eric.Waller(at)ppi.de

Anuschka Clasen

Contact

Anuschka Clasen
Managing Consultant

+49 175 7878208
Anuschka.Clasen(at)ppi.de