Link with EBA Clearing's Request to Pay (R2P)

Link with R2P

Since the launch of the EPC SEPA Payment Requests scheme (SRTP), on 15 June 2021, Iberpay established a payment processing link with EBA Clearing's R2P Service to facilitate the exchange and processing of SEPA Request to Pay messages with the European entities that participate in EBA Clearing's R2P service.

Entities adhered to this service will be able to send and receive SEPA payment requests with EBA Clearing's R2P service through the same connection already established with Iberpay's platform CICLOM, avoiding any technical complexities or having to connect to other networks and protocols, thus guaranteeing a minimum impact on their developments and tests.

Main advantages 

Among the main advantages of this service, are the following:

• Increases the reachability to process request to pay transactions.

• A connection using the same regulatory, operational and technical scheme.
• Avoids any aditional developments or tests.
• Very competitive processing tariff as it has been developed on an open standar , without additional messaging costs (EBICS).