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The future European standard for electronic payment requests has the potential to significantly change payments in Europe. This is illustrated in PPI AG's latest whitepaper "Request to Pay and its versatile applications".
All signs point to Request to Pay (RTP) becoming market-ready in 2020. With the new standard, payments can be requested via a digital channel, the debtor can copy the data with one click and then only needs to authorise the process.
Financial service providers can position themselves as intermediaries during the introduction of RTP: they provide the infrastructure and advise their customers in establishing appropriate processes. Gain first insights into possible impulses from RTP in the whitepaper.