EPC, Cards Stakeholders Group release version 7.0 of the SEPA Cards Standardisation Volume

Wednesday 8 January 2014 11:35 CET | News

The European Payments Council (EPC), representing the European banking industry in relation to payments, together with the Cards Stakeholders Group (CSG), has published version 7.0 of the Single Euro Payments Area (SEPA) Cards Standardisation Volume (the SCS Volume).

This document defines a standard set of requirements to ensure an interoperable and scalable card and terminal infrastructure across SEPA, based on open international card standards. The SCS Volume does not establish specifications or standards as such, but rather sets (functional and security) standardisation requirements, which refer to existing international standards established by, for example, ISO (International Organization for Standardization), EMVCo (initially Europay MasterCard Visa) and PCI SCC (Payment Card Industry Security Standards Council).

The CSG is a multi-stakeholder body representing retailers, vendors, processors, card schemes and the EPC. Created in 2009, the CSG develops and maintains the SCS Volume, and focuses on a cards standardisation programme.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: EPC, Cards Stakeholders Group, SEPA, SEPA Cards Standardisation, volume
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce

Industry Events