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European Payments Council seeks industry feedback on the draft third release of the „Mobile Initiated SEPA (Instant) Credit Transfer Interoperability Guidance”

28 mai 2024

The European Payments Council (EPC) multi-stakeholder group on mobile-initiated SEPA (instant) credit transfers (MSCTs) has prepared the draft for the third release of the „Mobile Initiated SEPA (Instant) Credit Transfer Interoperability Guidance”.

Following the previous release published in February 2022, this new release essentially focuses on technical interoperability aspects. A limited number of use-cases are detailed in the document, representing payee-presented mode, payer-presented mode and the mode relying on Payment initiation Service Providers (PISPs).

The detailed processing flows, aligned with the selected use-cases and relevant to successful and unsuccessful transactions, in contexts requiring interoperability, were also included.

While more details on certain topics were covered in the previous version or separate EPC publications (e.g. security aspects, use of proximity technologies, overview of underlying SCT and SCT Inst schemes, specification of QR-codes for MSCTs), for simplification purposes other options for the related maintenance process will be followed, so that these topics are no longer developed in the third version. A thorough review and relevant updates, e.g. in the light of the recently adopted European Union (EU) regulation on Instant Payments (IPR), were also made.

This version still defines the minimum data sets for all interoperability messages between the respective MSCT service providers of the payer and the payee. The additional interoperability models involving PISPs or a Collecting PSP (CPSP) on behalf of the merchant have been maintained and updated. Finally, the document identifies the main interoperability challenges but also opportunities for MSCTs.

Note that subjects such as business cases and revenue models for the MSCT value chain are in the competitive space and therefore are not addressed in this document.

How to participate?

To develop a successful MSCT ecosystem that provides value for all, industry opinion and feedback on this draft new release are crucial. The multi-stakeholder group welcomes any feedback and comments via the dedicated questionnaire (EPC143-24v1.0). Feedback should be sent to mp.consultation@epc-cep.eu by 26 July 2024.



EPC 269-19v2.9.9 DRAFT MSCT interoperability guidanceDownloadPDF | 3.73 MB

EPC143-24v1.0 Feedback questionnaire 3rd release MSCT IGDownloadDOCX | 355.61 KB

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Cifra/Declaratia zilei

Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:


In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?