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The ad-hoc multi-stakeholder group for Mobile Initiated SEPA Credit Transfers (including SCT Instant)


Today, Instant Credit Transfers are becoming a reality within and the usage of the mobile channel for the initiation of such payments is expected to be key for the take-up of this type of payments. There also seems to be a growing interest from retailers in -based payments both for in-store payments and for mobile commerce as a complement to card payments. In a number of European countries various solutions have already been introduced in the market. There is currently a time window to develop guidance for Mobile Initiated Credit Transfers, including Instant (MSCTs), which should aim at a harmonisation and interoperability for these payments across

Therefore, the facilitates a new ad-hoc multi-stakeholder group (MSG) covering the various sectors involved in the mobile payment ecosystem to develop Mobile Initiated Credit Transfer Interoperability Implementation Guidelines (MSCT IIGs), while leveraging the relevant documentation developed in standardisation and industry bodies. The mandate for this new group may be found below.
Through an open call for participation on this website in March-April 2018, the group has now been set up and its composition is shown on this page. The agenda and minutes of the meetings of this group will be regularly published on this website. Through this open approach, payment service providers, technology vendors, retailers, consumers, mobile network operators, other service providers, relevant associations and other interested stakeholders will be directly involved in the development of the document.

The MSCT guidelines will focus on interoperability between the different stakeholders involved in the MSCT ecosystem. The aim is to cover both customer-to-business and person-to-person payments. Hereby not only remote payments (browser, app-based or in-app based) but also in-store payments initiated through a proximity technology such as Quick Response (QR) codes, Bluetooth Low Energy (BLE), Near-Field-Communication (NFC) etc. will be considered. The document is designed to deal with MSCT use cases, on-boarding, provisioning and lifecycle management, service models, transaction aspects such as customer identification/authentication, transaction authentication, risk management, technical and security infrastructure aspects such as mobile device, payment terminal, storage and selection of the MSCT application, tokenisation, etc.
These guidelines aim to contribute to a further integration of payments in the European digital market with a special focus on the customer experience: availability and ease of use.

Those interested to follow the work of the Multi-stakeholder Group on Mobile Initiated Credit Transfers (including Inst) more closely, can apply to the interest group by sending the application to the following address:

Read all documents published by the MSG MSCTs