The Scheme Technical Player Multi-Stakeholder Group (STP MSG) is a dialogue channel between the European Payments Council (EPC) and representatives of technical players who provide services facilitating the processing of transactions under the EPC payment schemes and payment-related schemes.
The STP MSG held its seventh meeting on 12 March 2025. The approved agenda and minutes are available on this page.
The main topics of this meeting concerned:
- An update on the EPC monitoring of Clearing and Settlement Mechanisms (CSMs) and of Payment Service Providers (PSPs) for the roll-out of the 2025 EPC payment scheme rulebooks;
- The introduction of the hybrid address format in 2025 and the end of the unstructured address format usage in November 2026;
- The EPC payment scheme adherence status and projections;
- The evolution of the Single Euro Payments Area (SEPA) Credit Transfer (SCT), SEPA Instant Credit Transfer (SCT Inst) and SEPA Direct Debit (SDD) transaction and r-transaction statistics;
- The EPC monitoring of SCT Inst scheme confirmation message statistics within certain timespans;
- The 2025 EPC promotion actions with respect to its One-Leg Out Instant Credit Transfer (OCT Inst) scheme;
- The steps taken so far by the EPC to submit a change request to the International Organization for Standardization (ISO) to foresee message elements for the commercial trade name of the payee and of the payee’s reference party in the ISO 20022 standard;
- Suggested changes from STP MSG members for the EPC to consider for the 2026 EPC payment scheme rulebooks change management cycle;
- The latest EPC updates about the Verification Of Payee (VOP) scheme and the EPC Directory Service (EDS) to support the functioning of the VOP scheme;
- The latest EPC updates about the SEPA Request-To-Pay (SRTP) scheme;
- The current and expected applications from third countries to become part of the geographical scope of the EPC schemes; and
- The upcoming re-composition process of the STP MSG.