RtP connects businesses with individuals via messages, establishing a formal communication channel even before problems arise with payments. It helps the Government, the High Street, businesses, and other large utility providers provide much-needed flexibility for their individual and small business customers in managing the bills.
1. Provides payers with more response options
2. Direct intelligence on the status of payer’s financial situation
3. Improved and less-costly payment reconciliation
4. Increase in timely payments due to ease of payment options
5. Competitive Advantage. Customers are more loyal to brands offering RtP than to those that do not
