The ad-hoc multi-stakeholder group on Mobile Initiated (Instant) Credit Transfers, (MSG MSCT), which is facilitated by the European Payments Council ( ) has developed a document “New MSCT use cases and interoperability models” (see in “related documents”).
This document provides an analysis of new MSCT use cases for customer-to-business payment contexts for instant based on Quick Response (QR) -codes, Near-Field-Communication (NFC) and Bluetooth Low Energy (BLE) technology, such as those involving a Payment Initiation Service Provider (PISP) or a Collecting (CPSP - as a collector of the transactions on behalf of the merchant), MSCT transactions with unknown final transaction amount and so-called offline MSCT use cases whereby the consumer device has no internet connection during the transaction. The document also analyses the technical interoperability aspects of MSCT models involving a PISP or a CPSP, both for MSCTs based on payee- or payer-presented data and the impact on the technical interoperability requirements.
In order to help developing a successful MSCT ecosystem that provides value for all, it is very important to gather industry opinion and feedback regarding this new document. Stakeholders wishing to participate can do so using the dedicated questionnaire (see in “related documents”) and sending it to [email protected] by 7 May 2021.
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