Article summary
The European Payments Council (EPC) has published the ‘Interoperability of mobile initiated SEPA (instant) credit transfers (MSCTs) based on Near Field Communication (NFC) or Bluetooth Low Energy (BLE)’ document that has been prepared by the multi-stakeholder group on Mobile Initiated (instant) SEPA Credit Transfers (MSG MSCT). This final version considers the comments received through a ten-week public consultation that was launched earlier in 2023 to gather industry opinion and market feedback regarding this document.
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