The solution enables faster collections and lower costs through digital payment requests integrated into corporate systems
CBI is extending a Request to Pay service to the corporate market through its community of participating PSPs, further strengthening its collaboration with EBA CLEARING and Nexi. This new solution introduces an advanced digital model for managing collections between businesses and their customers, enabling companies to send structured payment requests directly integrated into their enterprise systems.
Through Request to Pay, CBI enables PSPs to offer corporates the ability to send digital payment requests directly to customers across Italy and the SEPA area, leveraging the integration with EBA CLEARING’s R2P infrastructure service and Nexi’s technology. These requests are delivered through internet banking and mobile banking applications and can be paid in just a few clicks, without the need for manual data entry.
Request to Pay is already operational for payments to the Italian Public Administration, based on the same infrastructures developed by CBI. This new development confirms the functionality of the solution and its ability to address a broad range of use cases, from the public sector to the corporate world.
“Bringing Request to Pay to the service of corporates,” said Liliana Fratini Passi, Managing Director of CBI, “means providing a concrete tool to simplify and enhance the efficiency of collection and payment processes. Based on pan-European standards and real-time message exchange, this solution enables companies to strengthen control, improve traceability and increase the conversion rate of their payment flows, with real-time reporting. In a context where the market is increasingly calling for transparent, secure and controlled interaction models, the Request to Pay service also helps to reinforce trust in the collections and payments ecosystem, offering tangible protection to both consumers and corporates.”
The Request to Pay solution offers companies and citizens immediate and measurable benefits, including faster and more predictable collections, greater control over due dates, and reduced exposure to fraud and errors thanks to pre-filled data and timely notifications. The process keeps the payment request separate from the final authorisation, providing full visibility to the payer and greater certainty as to the requesting party.
In addition, the solution enables automated reconciliation that can be integrated into accounting systems, while reducing operational costs through process digitalisation and the elimination of paper-based workflows. These benefits help corporates optimize liquidity management, providing more granular visibility and supporting more efficient financial planning and cash-flow forecasting.
“We are proud to collaborate with CBI and the Payment Service Providers it serves to extend the benefits of ‘Request to Pay’ to new customer segments. Leveraging our R2P Service, Italian PSPs will be able to expand the value-added services they offer to corporates and their customers, both at a national and European level,” added Erwin Kulk, Head of Service Development and Management at EBA CLEARING.
Aligned with European standards and electronic invoicing processes, the solution enables new use cases in the cross-border space. Looking ahead, it is expected to enhance synergies with other digital payment services, such as CBILL.
“The extension of Request to Pay to the corporate world, in addition to strengthening our collaboration with two long-standing partners such as CBI and EBA CLEARING, represents a strategic lever to digitalize companies’ financial processes and enhance their efficiency and integration,” commented Renato Martini, Digital Banking Solutions Director at Nexi Group. “It is a convenient and secure service that, also thanks to our technology, enables more advanced management of payments between businesses and their customers, in line with our mission to provide innovative digital solutions capable of simplifying payment processes”.
With this development, Request to Pay further establishes itself as a key enabler in the transformation of collection and payment processes between businesses and their customers, making them simpler, faster and easier to control. More particularly, the service represents a strategic building block within the European vision for more secure, interoperable and user-controlled payments.
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CBI is a public limited consortium company and benefit corporation owned by banks, PSPs and Poste Italiane with over thirty years of experience in providing complex systemic services that ensure device and information interoperability for operators in the banking and financial sectors. Adopting a Business-to-Business-to-Customer (B2B2C) approach, CBI, as a leading paytech company, develops global data exchange platforms for the financial industry, enabling cross-border reachability and supporting digital payments, transaction banking, electronic bill presentment and payment (EBPP), as well as open banking and open finance solutions.Thanks to these services, FIs (PSPs, FinTechs) can reach a wide range of customers, efficiently meeting the needs of businesses, public administration, and citizens in an increasingly competitive market.
CBI is supervised by the Bank of Italy pursuant to Article 146 of the T.U.B. and is also required to comply with the regulation “Provisions regarding the oversight of payment systems and related technological or network infrastructures” issued on November 9, 2021, as a “Critical Provider of Infrastructure or Services.” Additionally, since May 2023, CBI has officially become a Società Benefit (Benefit Corporation), adding common benefit purposes to its corporate objectives to promote social activities and increase positive social and environmental impacts.
About EBA CLEARING
EBA CLEARING is a European-owned, European-governed and European-regulated provider of payment infrastructure solutions processing over 23 billion payments a year. Founded in 1998, the company is owned by 48 of the major banks operating in Europe and is based on a country-neutral governance model. The payment systems of EBA CLEARING are pan-European by design and desire: they are developed in close co-operation with the Company’s multinational user community and best-of-breed technology partners.
EBA CLEARING manages and operates the payment services EURO1, STEP1, STEP2 and RT1. Both EURO1 and STEP2 have been classified as systemically important payment systems (SIPS) by the European Central Bank. RT1, the first pan-European real-time payment system, has been processing euro instant payments complying with the European Payments Council (EPC)’s SEPA Instant Credit Transfer Scheme since 2017. R2P, EBA CLEARING’s request to pay messaging infrastructure system, was made available in 2020.
The names of EBA CLEARING’s payment services are tradenames or registered trademarks.
For more information on EBA CLEARING, please visit www.ebaclearing.eu, or follow us on LinkedIn.
About Nexi
Nexi is the European PayTech, operating in high-growth, attractive European markets and in technologically advanced countries. Listed on Euronext Milan, Nexi has the scale, geographical reach, and capabilities to drive the evolution of digital payments across Europe. Thanks to its portfolio of innovative products, e-commerce expertise, and industry-specific solutions, Nexi is able to provide flexible support for the digital economy and the entire global payments ecosystem through a wide range of channels and payment methods. Nexi’s technology platform and best-in-class professional expertise enable the company to operate effectively across three market segments: Merchant Solutions, Issuing Solutions, and Digital Banking Solutions. Nexi continuously invests in technology and innovation, focusing on two core principles: meeting customer needs together with its partner banks, and creating new business opportunities for them. Nexi is committed to supporting people and businesses of all sizes by transforming the way people pay and businesses accept payments, offering customers the most innovative and reliable solutions to help them better serve their customers and grow. This is how Nexi promotes progress for the benefit of everyone—by simplifying payments and enabling people and businesses to build closer relationships and grow together. www.nexi.it
Media contacts
For CBI
Barabino & Partners UK
Paolo Gattavari, p.gattavari@barabino.co.uk, phone: +44 2039316727
For EBA CLEARING
Annick Moes, email: a.moes@ebaclearing.eu, phone: +49 151 1631 1526
For Nexi
Daniele de Sanctis | daniele.desanctis@nexigroup.com | +39 3460151000
Matteo Abbondanza | matteo.abbondanza@nexigroup.com | +39 3484068858 Danja Giacomin | danja.giacomin@nexigroup.com | +39 3342256777
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