The iPiD request-to-pay service enables your customers to request a payment from a payer anywhere in the world based on an alias and helps them to track the execution.
For the customers of beneficiary institutions, it is as easy as sending a link to the payer who can in turn select the institution of their choice to execute the payment.
The selected bank, payment fintech, or money transfer operator sends a notification through iPiD to the beneficiary institution to confirm that the payment has been executed.
iPiD does not access the payment data, we do not own the data, we do not harvest the data. We orchestrate information flows, globally, between institutions sending payments and institutions receiving payments.