Visa to launch bill manager platform in the UK

Visa is working alongside partners to roll out a pilot for a platform designed to help consumers better manage their bills.

The new solution, backed by digital billing specialist Revive Management and Crisis, is based on the company’s request to pay technology.

Visa claims that the request to pay platform will give customers better control and flexibility around how they manage their bills by providing a number of options, including the ability to alter the payment date, split bills with others, separate payments into smaller sums, forward bills to someone else, and communicate directly with the biller.

“Most people have a long list of regular payments to keep on top of – from gas, electricity or water bills to mobile phones, streaming services and recurring deliveries,” said Mark Nelsen, Visa’s senior vice president, product, Europe. “At the same time, a growing number of subscription services are gaining in popularity.

Nelson added: “Our new request to pay service consolidates these bills into one, easy-to-use platform, allowing consumers to pay in a way that suits them. Gone are the days of needing to manage multiple payments to different billers across separate accounts and logins."

Visa said that it is collaborating with a range of industry participants to establish request to pay standards in the UK, including Pay.UK.

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