The new ad-hoc multi-stakeholder group (MSG) on Mobile Initiated Credit Transfers, including instant transfers (MSG MSCT) which is facilitated by the , held its first meeting on 25 May 2018. The mandate of the group is to develop MSCT Interoperability Implementation Guidelines (IIGs). The first meeting included, after a welcome and introduction of all members of the group, a presentation on the two schemes: Credit Transfer () and Instant Credit Transfers ( Inst). It further included a review and discussion on the table of content for the guidelines. Furthermore, a first discussion was held on possible MSCT use cases and a presentation and review took place on the various contributions received from different members of the group.
Update from EPC and insights on payments in Europe delivered to your inbox monthly
European Payments Council AISBL © copyright 2019