Request to pay, when combined with instant payments and open banking APIs, can meet the expectations of consumers and businesses for fast, seamless, low-cost, hassle-free experiences by reducing friction and costs throughout the transaction lifecycle.
The combination of request to pay, instant payments and open banking is revolutionizing digital payments. Financial institutions that create innovative request to pay offerings will not only increase efficiency and reduce fraud, they have the opportunity to build brand loyalty and gain market share.
Read our point-of-view paper to take a deeper dive into request to pay.
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