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In “Request to pay: what corporates want” the Euro Banking Association and its cooperation partner PPI presented the first findings of the request to pay survey launched in September. Nearly 100 corporates from 18 European countries had already contributed their viewpoints and expectations around request to pay for various use cases by early November. The presentation also included first-hand testimonials from corporate experts gathered from in-depth follow-up interviews.
The deadline of the Request to Pay Survey has been extended to 28 February 2021. It is available in six languages. To learn more and to participate in the survey, click here.
EBA CLEARING’s side session “With R2P into the future – outlook from different communities”, four future R2P users shared how they approach request to pay, how it ties in with their instant payment strategy and which first steps they are planning to take.
In this session, EBA CLEARING also introduced the new interactive map, which zooms in on RT1 instant payment reach and ramp-up and provides R2P testimonials. See the map and watch introduction video – please come back in 2021 as well, since we will keep populating the map with updated figures and new testimonial videos!
The Euro Banking Association and McKinsey & Company hosted a side session entitled “The future of banks and European payments” to present the findings of a joint paper entitled “The future of European payments: strategic choices for banks”.
For this paper, the EBA and McKinsey surveyed industry leaders and representatives from banks and payments specialists between November 2019 and November 2019. The paper seeks to prompt a constructive debate on the future of banks in European payments and to ultimately launch a call for action on industry change.
Euro Banking Association and EBA CLEARING