Are Instant Payments and Request to Pay on their way to becoming mainstream?
What elements are missing and what barriers need to be overcome to increase further the number of transactions using instant payments (IP) and Request to Pay (RtP)? On the first day of EBAday 2022, Tanja Konrad, Head of Daily Banking Services at Erste Group, moderated a discussion panel on IP and RtP. An important question soon surfaced: do all payments need to become instant and how do financial institutions need to respond?
