The ad-hoc multi-stakeholder group on Mobile Initiated (instant) Credit Transfers ( MSCT), which is facilitated by the European Payments Council ( ), held its 18th and 19th Plenary meetings respectively on 15 January and 15 February 2021. 

In view of the approval of their mandate extension by the Board, the MSCT Plenary approved an updated 2021 MSCT workplan. They also reviewed the composition of the MSCT Plenary and launched a call for nominations on the website for the open seats available. The new composition of the MSCT may be found below.

The MSCT also finalised a document on New MSCT use cases and interoperability models (EPC031-21). The document analyses new MSCT use cases with consumer-presented data for consumer-to-business payment contexts based on proximity technologies. The document further addresses new MSCT interoperability models involving a Payment Initiation Service Provider (PISP) or a so-called collecting Payment Service Provider ( ) (on behalf of the merchant)  for MSCTs based on either payee or payer-presented data and describes the respective interoperability challenge(s). The document has been published on 10 March 2021 for an eight-week public consultation, see in “Related documents”. 

The MSCT is also developing in their work-stream on technical interoperability a new document on MSCT interoperability for unsuccessful and R-transactions. 

Finally, the Plenary also agreed on a work division amongst the various work-streams for the preparation of the second release of the MSCT Interoperability Guidance (EPC269-19).

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