The SEPA Proxy Lookup (SPL) scheme covers the exchange of the data necessary to initiate payments between proxy-based payment solutions on a pan-European level. It aims to facilitate interoperability between participating payment solutions.
The scheme is limited to a look-up function with the sole purpose of initiating a payment. The actual payment is however not part of the scheme and is covered by an ‘overseen’ payment scheme within the SEPA geographic area.
The scheme covers (mobile) payments whereby the mobile telephone number or optionally the email address is used as a proxy to an IBAN. It is envisaged that the scheme will evolve further over time to support additional proxy types, account identifiers and use cases.
As an optional feature, the scheme also foresees the possibility to perform a reachability check to determine whether a mobile number or optionally email address is registered.
The SEPA Proxy Lookup (SPL) scheme rulebook is publicly available on the EPC website and consists of a set of rules, practices and standards that makes it possible to operate, join and participate in the SPL scheme. Legal entities wishing to use the scheme have to formally participate, adhere to the scheme and pay an annual scheme participation fee (still to be decided as from when this fee will become applicable).