The EPC has published guidelines outlining the recommended approach to increasing adoption of the SEPA Request-to-Pay (SRTP) scheme.
This ‘Federated Approach’ aims to lay the foundation for a future-proof solution and promote a smooth and progressive transition for intra-community initiatives to the full SRTP scheme, clarifying ways to secure cross-community interoperability and reachability while pursuing locally- relevant use cases and commercial models.
The guidelines acknowledge the existence of intra-community initiatives and clarify that, to ensure convergence, the governance of the technical and functional components should be standardised while the business aspects should remain at the discretion of the respective communities.
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