Pan-European proof of concept showcases value of request to pay

EBA CLEARING announced today that, together with eight multinational payment service providers (PSPs), the Company has completed a pan-European proof of concept leveraging its R2P Service. As part of this initiative, the participating institutions successfully exchanged request to pay messages via R2P in milliseconds. The proof of concept thus confirmed the readiness of R2P to support commercial use cases. It also showcased how PSPs can roll out and create value around request to pay, putting a special focus on e-invoicing in the business-to-business space. A video capturing the results of this initiative was released together with today’s announcement.

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