2023-10-11 10:24:15

PostePay and Mastercard to introuce request to Pay across italy

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Finextra
By Finextra

Source: Mastercard

Mastercard, the global payments technology company, and PostePay, part of the Poste Italiane Group, today announce they are working together to launch a Request to Pay (RTP) solution in Italy.

Request to Pay allows billers to request the payment of goods and services, digitally and in real-time. The payer receives a digital request on their web or mobile device and can then choose to accept it and proceed to the payment method.

This solution is suitable for different types of businesses and use cases to suit consumers needs - from online payments to recurring invoices payments such as bills and taxes, to P2P money exchanges.

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This partnership offers an innovative, simpler and more efficient solution to digitize payment requests, easing their management. Buyers can benefit from a single point of access for their payment management, in just a couple of clicks through the PostePay App. In addition, the solution allows buyers to check a consolidated digital report of their expenses, helping them to keep control of their spending.

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