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 ( ). 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.