The Euro Retail Payments Board (
) report on the E-invoice Presentment and Payment (EIPP) solutions was presented at the
meeting of 29 November 2017. This report was the final result of the work of two
Working Groups active in 2016 and 2017. It defined minimum payment related requirements for business rules and technical standards for electronic invoice presentment and payment (EIPP) services supporting the integration of these services at pan-European level.
The
endorsed these requirements as well as the proposed way forward and decided to follow-up on this subject through a step-by-step and multi-stakeholder approach. The first step is the adoption of a standardised technical ISO 20022-based message for Request-to-pay and the harmonisation of other identified servicing messages related to EIPP.
The
invited the
to coordinate the required work among payment service providers (
) and other stakeholders with a deadline of November 2018. The Board of the
accepted this invitation and approved the creation of the Multi-stakeholder Group on EIPP which started its work in February 2018.
It submitted Change Requests to ISO 20022 for updating a message set to respond to the EIPP requirements for Request-to-pay. The Change Requests were approved and the new version of the messages was published by ISO 20022 in February 2019. The group also presented its report, including a status on the ISO 20022 procedure carried out, and business requirements for additional ("servicing") messages. In November 2018 the approved this report and extended the mandate of the group for one year with the task to submit a request for creation of new ISO 20022 message sets covering the servicing messages. In November 2019 the group achieved its task, and was dismantled. The welcomed the work of the group and agreed to assess in November 2020 whether to launch the development of an EIPP framework as a next step. The ISO 20022 standardisation procedures has continued in 2020. The Secretariat together with experts from the Group is ensuring the liaison with ISO 20022 on this process.