Answer Pay launches the UK’s first end to end Request to Pay experience
NEWS PROVIDED BY
Answer Pay Ltd
20th April 2021, 09:00 am BST
LEEDS, UK 25th March 2021 – Banks and payment service providers are set to benefit as the UK’s first certified repository has launched in a significant step to enabling Request to Pay services.
Mike Chambers, Chairman of Answer Pay says, “Request to Pay addresses the competing needs of billers who want payment control and payers who want more flexibility. Our demo shows that by enabling the payer to receive and aggregate their requests in their chosen supplier app you can improve the experience for both parties.”
Keys to the success of Request to Pay are payment service providers as they provide the user interfaces for the biller and payer communities to access these new experiences demonstrated by Answer Pay.
Chambers adds, “For biller facing payment service providers this is an opportunity to access new revenue streams and simplify alternative payments. For payer-facing payment service providers, this could be what transforms your app from “nice to have” to “essential” as no one wants to miss a bill payment.”
To experience Request to Pay for yourself, visit answerpay.uk/request-a-walkthrough/