Solutions

Request to Pay Solution – Communicate, speed-up payments and boost cash flow

Payment request tasks, biller/payer conversations, and flexible payment options – on one platform

    5000 character limit

    Request to Pay solution that works for billers, payers and the finance team

    This request to pay system eases the workflow and reduces the risk associated with manual, paper-based processes. It encourages dialogue between biller and payer, which in turn fast-tracks payments and issue resolution. Ultimately, it’s capacity to facilitate, empower and enable helps to improve liquidity. It’s also certified by the regulatory body, Pay.UK.

    Smarter billing processes that ease cash flows

    Billers can find payer details, set payment amounts, attach data with supporting documents, and schedule payments.

    Request to pay system offers time savings for payers

    Payers can view bills and payment requests in a secure portal. They can also communicate with billers, and make payments – from any device.

    Functionality works for all user types

    Large enterprises, SMEs, not-for-profits, Government agencies or even independent contractors, all can tap into Request to Pay’s user-friendly functionalities.

    Better visibility over receivables and payables

    This solution supports fast data exchange and reduces processing times for more transparency and better visibility over receivables and payables.

    Flexible payment options

    Secure payment requests can be sent in the form of QR codes, urls, NFC tags, vehicle licence plates, and messaging services.

    Features

    This request to pay solution links billers and payers via an encrypted messaging interface that enables information sharing and electronic payments.

    Chat messages, documents, and notifications flow freely, speeding up payment initiations. Transactions are easier to do, while costly payment default is reduced. There’s even the potential to introduce funding or lending options. With real-time data and clickable actions at everyone’s fingertips, there’s more convenience and transparency all round.

    96 %

    Payments professionals

    of payment professionals are interested in using request to pay according to a 2021 Euro Banking Report

    How it works

    How RtP works

    Key features of Request to Pay

    icon papers

    Improves security by reducing the risk of payment fraud

    Facilitates communication between billers and payers

    Reduces billing and reconciliation costs

    Boost liquidity by improving payment insights and payment overlay services

    Payments data uploaded to ERP and other systems

    Payment options include credit card, debit card, or ACH transfer

    Discover how R2P can benefit your business

    Related Information