Mastercard has rolled out an end-user application for the UK's Requst to Pay framework using standards developed by Pay.UK
The messaging service enables billers to directly request funds rather than sending traditional invoices. For each request, receivers are asked whether they would like to pay in full or in part, request an extension, communicate directly with the biller, or decline to pay.
Accredited as both an application and repository service provider, Mastercards platform now builds and enrols end user applications, such as a mobile app for consumers or a corporate IT system. These are necessary to create, send, view, and respond to Requests to Pay for billers and payers, while also building in message repositories - the secure message storing and routing component.