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Temenos: Embeds Mastercard’s Request to Pay software

Temenos: Embeds Mastercard’s Request to Pay software

  • Temenos AG is the world’s leader in banking software combining the richest packaged functionality 
  • Announced a collaboration with Mastercard, a leading global technology company in the payments industry
  • This new initiative combines pre-composed solutions on the Banking Cloud with market-certified Mastercard services
  • Request to Pay enables billers to dynamically request and manage the payment for a bill rather than simply sending an invoice
  • Mastercard aims to accelerate market adoption, enabling complete end-to-end, real-time processing and secure
  • Mastercard’s State of Pay report found one in ten people in the UK often forget to pay their bills resulting in late payments
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