In this edition of the Payments:Unpacked podcast we shine a light on the UK's new bill payments overlay service - Request to Pay.
We are joined by Peter Cornforth, Commercial Director from Answer Pay - the UK's first accredited Request to Pay provider.
Peter describes what Request to Pay is, considered the benefits to both the biller and the payer, considers how the service can support the UK's mission to thwart the fraudster, explores the various use cases that request to Pay seeks to address, compares the UK's offering with Europe and further afield, explains why Request to Pay and Open Banking can be natural bedfellows and considers how a PSP might implement the service.
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What is Request to Pay? Featuring Peter Cornforth from Answer Pay