The ad-hoc multi-stakeholder group on Mobile Initiated (instant) Credit Transfers (MSG MSCT), which is facilitated by the European Payments Council ( ), held its 17th Plenary meeting on 4 December 2020. 

In view of the approval of their mandate extension by the Board, the MSG MSCT Plenary discussed the deliverables to be developed in 2021 (see link below). Subsequently they reviewed and updated the MSCT workplan.

Next, the Plenary focused on the new document under development through joint work-stream (WS) meetings between the WS MSCT use cases and WS MSCT technical interoperability. The document analyses new MSCT use cases for with consumer-presented data for consumer-to-business payment contexts based on proximity technologies. These include MSCT use cases involving a payment initiation service provider (PISP), MSCT transactions with unknown final transaction amount and so-called offline MSCT use cases whereby the consumer device has no internet connection during the transaction.

The document further addresses new MSCT interoperability models involving a PISP or a so-called collecting (on behalf of the merchant) both for MSCT based on payee and payer-presented data. It further describes the interoperability challenge(s) for each model analysed. 

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