Case Study

"Request to Pay": a new & flexible payment method

We assisted a large financial services provider in the strategic analysis and set-up of the Request to Pay initiative.

Where: italy
Challenge
The company needed to identify the potential benefits and opportunities of the service by focusing on the potential use cases arising from the new paradigm and the VAS (Value-added services) offered to the payer and creditor.
Approach
As digital payments evolve, the Request to Pay service is seen as a key enabler of new business opportunities. We supported a leading financial services provider by initiating a study of the Request To Pay solution at a national level to maximise the value of instant payments.
Digital Ecosystem
Solution
Digital Ecosystem
  • ‘Quick Assessment’: the analysis of the RTP rulebook, the analysis of the As-Is product portfolio, the identification of use cases and the definition of a preliminary To-Be model
  • ‘Product design’: detailed analysis of use cases and identification of pilot projects, as well as the search for potential partnerships (e.g. with fintechs), identification of SEAs and scenario analysis
  • 'Product setup‘: feasibility study, a business case and the definition of an implementation strategy
  • 'Go to market‘: the definition of a roadmap, identification of governance and stakeholders, as well as project management and a communication campaign to promote the solution developed.
Results
Technologies

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