On 26 May 2016 the European Payments Council ( ) together with the Cards Stakeholders Group (CSG) published version 7.5 of the Single Euro Payments Area ( ) Cards Standardisation Volume (the SCS Volume) for a three-month public consultation. This document defines a standard set of requirements to enable an interoperable and scalable card and terminal infrastructure across , based on open international card standards. The SCS Volume version 7.5 consists of a series of separate books.
Here you find Book 7 (Cards Processing Framework) of the SCS Volume version 7.5 (see ‘related files’ below) which has been released for public consultation from 26 May to 12 August 2016.
Book 7 – ‘Cards Processing Framework’ defines business principles and requirements for market access and participation in card payment processing services. The main objective of this framework is to facilitate an open and transparent market.
To find all information relevant to the 2016 public consultation on version 7.5 of the SCS Volume, refer to the ‘related links’ below.