CBI Extends Request to Pay Service to Corporate Market

Asset Servicing Times

"CBI has expanded its request to pay offering to the corporate market through its network of participating payment service providers (PSPs), further strengthening its collaboration with EBA CLEARING and Nexi Group.The solution introduces a digital collections model that enables businesses to send structured payment requests directly through their enterprise systems. PSPs will be able to offer corporate clients the ability to issue digital payment requests to customers across Italy and the wider Single Euro Payments Area (SEPA)."