The ad-hoc multi-stakeholder group on Mobile Initiated (instant) Credit Transfers (MSG MSCT), which is facilitated by the European Payments Council ( ), held its 22nd Plenary meeting on 28 May 2021.

The Plenary was informed about the comments received through the public consultation on the document EPC031-21v0.14: New MSCT use cases and interoperability models. They are being analysed within the various work streams in order to make the appropriate updates to the document before integration into the second release of the MSCT Implementation Guidance (IG).

The Plenary received updates on the work progress in the various work-streams during the past month:

•    The integration of the document on MSCT interoperability for unsuccessful and R-transactions second release of the MSCT IG and the development of the new chapters 16, 17 and 18 on technical interoperability of MSCTs, hereby integrating the documents EPC312-19 and EPC096-20 published last year. 

•    The new chapter 7 of the MSCT IG on MSCT use cases;

•    The progress made on the new document Minimum data elements in the MSCT interoperability messages;

•    Preparation of a new section in the second release of the MSCT IG in the two modes for MSCTs: payer-presented data and payee-presented data;

•    The progress on the necessary updates of the multiple chapters of the MSCT IG in view of technological progress and market development over the past years, in preparation of the second release of this document.

The Plenary also reviewed in detail the draft chapters 22 (Challenges and opportunities) and 23 (Conclusions) for the second release of the MSCT IG.

Furthermore, a status report was provided on the joint task force established by the MSG MSCT established with the European Cards Stakeholders Group (ECSG) on Consumer selection of preferred payment instrument at the point of interaction (POI).

Finally, the Plenary reviewed and updated the draft status report that was prepared as input to the meeting in June 2021, in view of the Recommendation A that was included in the Statement in November 2020.

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