The ad-hoc multi-stakeholder group on Mobile Initiated (instant) SEPA Credit Transfers (MSG MSCT), which is facilitated by the European Payments Council (EPC), developed a new document on the standardisation and governance of QR-codes for Instant Payments at the Point of Interaction (IPs at the POI). This is following a request made on 28 June 2021 by the ERPB to the EPC to coordinate this work (see ERPB/2021/012).

In line with this request by the ERPB, the MSG MSCT (see Annex 3) has extended their work-stream on technical interoperability of MSCTs to conduct the work on the QR-codes with additional members from relevant stakeholders and (industry) standardisation bodies.

For the development of this document, the MSG MSCT leveraged next to ERPB/2020/026, their work undertaken over the past months which is reflected in the MSCT Interoperability Guidance (MSCT IG - EPC269-19), but took also into account the recently received answers from the EBA on Q&A 2020_5476 and 2020_5477, regarding the content of the QR-code.

The present document consists of two main parts: the specification of a QR-code standard for IPs at the POI, both for a merchant-presented and a consumer-presented QR-code (Chapter 4), and the governance aspects related to the usage of QR-codes for IPs (Chapter 5), which should become part of the overall Governance of an Interoperability Framework for IPs at the POI (see ERPB/2020/026). The latter involves also the establishment of a so-called Registration Authority for the issuance of IP service provider identifiers.

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