The Open Banking Revolution

John Walsh -- Citibank


Request to Pay, or RTP, enables entities that want to receive payment a way to send a request for that payment directly to the payer. After briefly looking at Open Banking provisions in the Payment Services Directive (PSD2), Citi looks at several RTP schemes around the world and a simplified process flow for RTP payments. Benefits for RTP are discussed next, with key recommendations concluding the presentation.

The Open Banking Revolution

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