SIA enables Request to Pay for Banca Sella – Finextra

SIA, a leading European hi-tech company in payment services and infrastructures controlled by CDP Equity, will enable banks, corporates, public administration bodies and fintechs for the new service “Request to Pay” (R2P) on EBA Clearing’s technology infrastructure, compliant with the European Payments Council (EPC) scheme.

“Request to Pay” is an innovative payment method that allows a beneficiary to send a request in real time, through different digital channels, to a payer who can then approve and execute the operation. It is an especially useful, convenient and flexible service to manage payment transactions, even one-off payments, between companies, organizations and individuals with advantages in terms of security, efficiency and transparency.

The new service by EBA Clearing is integrated with the digital platform SIA EasyWay, created to support financial institutions and other Payment Service Providers at European level in the management of cloud-based payments and to facilitate significantly the consolidation of instant payments and the development of innovative Open Banking services introduced by PSD2.

Thanks to SIA’s solution, it will be possible to use the “Request to Pay” service to meet the needs of the various market players who will be able to develop dedicated use cases for their end users.

Banca Sella, a leader in the payment systems sector thanks to its capacity to innovate and at the forefront among the 27 partners in the financial sector supporting the development of the EBA Clearing infrastructure in 11 European countries, has chosen SIA to subscribe to the new “Request to Pay” service through the SIA EasyWay platform already used to manage instant payments.

“With the launch of Request to Pay by EBA Clearing, SIA will further strengthen the value proposition of innovative services
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