request to pay insights

“Banks are leaving customers wide open to spoofing fraud” Answer Pay responds

by Peter Cornforth | Dec 2, 2022 | Press Release, Request to Pay

Which? The consumer champion has claimed that banks are failing to protect their customers and are “leaving customers wide open to spoofing fraud”. Their investigation found that high street banks representing over 60% of the UK consumer banking market had not taken...

Send a Request to Pay with your Cloud Accounting Software

by Ismail Bhana | Mar 13, 2023 | Bill Payment Solutions

See how to send an invoice over the secure Request to Pay network with cloud accounting software Xero. Learn how Answer Pay’s makes bill payments as easy as Request – Answer – Pay! In this demo, Ismail Bhana Head of Engineering at Answer Pay...

How can Request to Pay fix Poverty Premiums?

by Peter Cornforth | Dec 7, 2022 | Request to Pay

How can Request to Pay fix poverty premiums? An Expert Panel Discussion Featuring Answer Pay As defined by Fair By Design, “poverty premiums” are the extra costs people on low incomes and in poverty, pay for essential products and services. In this...

The Payment Systems Regulator calls for input on tackling Authorised Push Payment Fraud

by Michael Chambers | Sep 29, 2022 | Request to Pay

Let me start by saying how much we welcome the Payment Systems Regulator’s (PSR) invitation for responses on their proposals to tackle Authorised Push Payment (APP) Fraud. Answer Pay has been fighting for more action against fraud and to that end released our own...

Answer Pay and Partner Hub join forces to improve cash flow in Europe’s €1.2Bn e-invoicing market

by Peter Cornforth | Sep 28, 2022 | Press Release, Request to Pay

As the cost of living crisis increasingly bites many businesses are struggling to collect payments from their customers. Subscription numbers are declining and consumers are cancelling direct debits in favour of alternative payment methods that give them more...

Instagram payments, a Meta-phor for missed banking opportunities?

by Peter Cornforth | Jul 20, 2022 | Request to Pay

Instagram launches payment service In case you missed it, Meta CEO Mark Zuckerberg recently announced a new “payments in chat” feature for Instagram. According to Techcrunch this means: “..users can purchase products from small businesses and track orders via direct...

Latest industry insights from FinTech North Future of Payments 2022

by Chloe Mumford | Jul 6, 2022 | Bill Payment Solutions, Press Release

Latest industry insights from FinTech North Future of Payments 2022 7 July 2022 } 5 min read Chloe Mumford On the 22nd of June, Answer Pay attended the FinTech North Future of Payments 2022, an event which provided insight into what’s hot in the world of payments. The...

How bill payments have transformed since the pandemic

by Ian Tomlin | Jun 17, 2022 | Bill Payment Solutions, Request to Pay

How bill payments have transformed since the pandemic 17 June 2022 } 5 min read Ian Tomlin COVID-19 became a watershed moment in the bill payments industry, more by happenstance than design. In this article, we consider how the knock-on effects of a global pandemic on...

Where does Request to Pay go from here?

by Ian Tomlin | Jun 16, 2022 | Bill Payment Solutions, Request to Pay

Where does Request to Pay go from here? 16 June 2022 } 6 min read Ian Tomlin Request to Pay (RtP) is the new messaging interoperability protocol being adopted across the UK to simplify bill payments. It’s been around for a couple of years now but—as this month the UK...

Answer Pay makes key appointments to support the rapid Request to Pay growth opportunity in Europe

by Ian Tomlin | Apr 21, 2022 | Press Release, Request to Pay

Answer Pay makes two key appointments to support the rapid Request to Pay growth opportunity in Europe 21st April 2022—Payments as a service provider, Answer Pay, has made two key appointments to bolster its plans to support the growth of Request to Pay across Europe....

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