Following the publication of the “Mobile Initiated SEPA (Instant) Credit Transfer Interoperability Guidance” (MSCT IG – EPC269-19v1.0) document, the ad-hoc multi-stakeholder group on MSCTs has conducted, through a newly established dedicated work-stream, a more detailed analysis on the technical interoperability of MSCTs based on payee-presented data. This new document focuses on the functional requirements to be supported by MSCT service providers to enable interoperability of MSCTs across Single Euro Payments Area (SEPA). It also specifies the minimum data set to be exchanged between payee and payer to enable the initiation of an MSCT. It is to be noted that the document should be read in conjunction with the MSCT IG (EPC 269-19v1.0).
In order to collect industry opinion and feedback on this new work, the MSG MSCT launched mid-December 2019 an 8-week public consultation on the final draft version of the document. During the past months, the MSG MSCT analysed the various comments received through this consultation and prepared an updated version of the document reflecting as appropriate the changes requested.