Instant payments systems are implementing or planning to implement a request for payment / Request to Pay functionality


Pain.0131.03 is used for Request to Pay functionality.

The Request To Pay message, or CreditorPaymentActivationRequest message as formally
named in ISO 20022, has the following scope:

The CreditorPaymentActivationRequest message is sent by the Creditor
sending party to the Debtor receiving party, directly or through agents. It
is used by a Creditor to request movement of funds from the debtor
account to a creditor.