More than half of the voters (56%) agreed that Customer-to-Merchant (C2M)/M2C, as well as other Business-to-Customer (B2C)/C2B would be the payment situations where the SEPA Request-to-Pay SRTP would be the most useful.
The SEPA Request-to-Pay (SRTP) is the latest European Payments Council’s (EPC) scheme that covers the set of operating rules and technical elements (including messages) that allow a payee to request the initiation of a payment from a payer in a wide range of physical or online use cases.
During the past two months, the EPC invited professionals working in the payments industry to answer the following question: “In your opinion, for which situation would the SEPA Request-to-Pay (SRTP) scheme be the most useful?”
The results were as follows:
The results show a wide range of opinions, but it is however worth highlighting that substantially more than half of the voters (56%) agreed that Customer-to-Merchant (C2M)/M2C, as well as other Business-to-Customer (B2C)/C2B would be the payment situations where SRTP would be the most useful.
Person-to-person (17%) and Business-to-Business (B2B) (18%) payment situations were chosen almost equally and the remaining 8% of voters choose Business-to-Government (B2G)/(G2B), Government-to-Customer (G2C) and “other” use cases.
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The SRTP is a messaging functionality that complements the end-to-end payment flow because it allows a payee to request the initiation of a payment from a payer in a wide range of both physical and online use cases. Find out more about it on the SRTP scheme’s page here.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
