European Payments Council
- The “new EPC”
www.epc-cep.eu
CEESCA
Zagreb, 19 March 2015
Dalibor Kurtović
EPC structure
EPC Association
General Assembly
Board
Module 1 (“Charter of Autonomy” )
Adherents Assembly
Scheme
Management Board (SMB)
Committees_____
- Complaints and
Adherence
- Appeals
CASB_________
Certification
Authority
Supervisory Board
SEM WG_______ Scheme Forums_
Scheme Evolution - End-user
and Maintenance - Technical
Working Group
Module 2
_
- Cards WG
- Cash Efficiency WG
-Task Forces
• Instant payments
• Mobile and Card-Based Contactless
Proximity Payments
• Person-to-Person Mobile Payments
Director General Secretariat
The "new EPC" | CEESCA | 19 March 2015
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EPC Association
EPC Association_________
EPC Association Board _____________ Payment Security Support Group_
─ 73 members
─ Croatian banking Association
(HUB) is a member
─ Representative: Dalibor
Kurtović (HAAB)
─ Max 30 representatives (possible coalitions)
─ Providing advice and guidance on
security issues affecting payments within
─ 1 representative per 2,5% of payments volume
the framework of the EPC’s activities
(EC “Blue Book” non-cash)
─ Representative : Tomislav Vazdar
─ Coalition: Austria 2,4% + Croatia 0,48% =
(ERSTE)
2,88%
─ Representative: Walfried Lemerz (Raiffeisen
Bank International)
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Module 1 – Scheme management
Scheme Participants Assembly
Scheme Management Board _________ SEM WG__________________
─ Members - all banks adhered to the
SEPA schemes
─ Representative: Svetlana Tolnauer
(ZABA)
─ Max 25 representatives (possible coalitions)
─ 1 representative per 5% of payments volume
(EC “Blue Book” , Credit transfers and Direct
debits)
─ Coalition: Italy 3,63%, Hungary 1,13%,
Croatia 0,57% = 5,33%
─ Representative : Barbara Pelliccione, ABI
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Module 2 – Contribution to Payments Development
2015 deliverables
─ Preparations for a SDD No-Refund Scheme
─ Developments in e-invoicing services closely
related to payments in Europe
─ Pan-European e-commerce payments
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Ad hoc Task Forces
─ Instant Payments
─ Mobile and Card-Based Contactless Proximity
Payments
─ Person-to-Person Mobile Payments
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Non-cash payments (EC Blue Book 2013)
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SEPA Cards Standardisation
SCS Volume v7.05
Context overview
Source:
Francis Geets
EPC Secretariat
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1. Maintenance principles
• The SEPA Cards Standardisation Volume ("Volume") is owned by the EPC
• The maintenance of the Volume has been delegated to the Cards Stakeholders Group
• The Volume is composed of a set of Books
• The full set of Books is reviewed in a new version of the Volume every 3 years
• The public consultation for a new version of the SCS Volume (full set of Books) is
organised over 3 months
• Individual Books can be reviewed in the meantime, either for legal alignment, or for
urgency
• The public consultation for a new version of an individual Book is organised over 1
month
• No consultation is organised for alignment either with regulatory texts or with new
worldwide standards
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2. Conformance with SCS Volume
Principles
• Each stakeholder in the Card and Terminal domain remains free to decide whether it will become
conformant with the Volume
• It is assumed that the Members and the Associate Members of the CSG who contributed in
defining the Volume requirements will implement the ones that are relevant for their type of
activity
• The ERPB is inviting the CSG to monitor the conformance of the Market with the Volume
• Any stakeholder who decided to implement the Volume requirements cannot claim for "Volume
conformance" without having implemented all the requirements relevant for its activity
• The assessment of the way a stakeholder implements the Volume requirements is a selfassessment process
• Self-assessments when provided to the CSG Secretariat should be published on the CSG public
website
• As a general principle, the requirements published in the Volume become mandatory for
stakeholders wishing to become Volume conformant, three years after CSG releasing a
publication. For some requirements, different deadlines can be set
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3. Conformance with SCS Volume
Major current deadlines
• Volume v7.0
• Was published in Q1 2014 as a stable version ready for implementation and
investments
• Is to be implemented for 1 January 2017
• The individual Books that are currently reviewed (Book 1, 2, 3 + annex, 4, 6 and new
Book 7)
• Will be known for ease as Volume v7.1 (after an interim version 7.05 being
submitted to consultation)
• Is expected to be published in Q4 2015
• Is expected to be implemented for 1 January 2019
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4. SCS Volume v7.1 versus v7.0
Volume v7.0
•
Focuses on requirements for Face-to
Face Payments (later called "Local
Payments"
Volume v7.1
•
•
•
•
Is composed of
• Book 1: General (and definitions)
• Book 2: Functional requirements
• Book 3: Data elements
• Book 4: Security requirements
• Book 5: Volume conformance
aspects (Certification and Labelling)
• Book 6: Implementation guidelines
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•
Focuses on requirements for Remote
Payments
Includes also new Pre-Authorisation
requirements and new contexts
Is aligned with relevant officially published
Regulatory texts (EBA guidelines, PSD2 and
IF)
Is composed of
• Book 1: General (and definitions)
• Book 2: Functional requirements
• Book 3: Data elements
• Book 4: Security requirements
• Book 5: Volume conformance aspects
(Certification and Labelling)
• Book 6: Implementation guidelines
• Book 7: Processing Framework
(in red Books impacted by Remote
Payments)
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Clarification on contactless payments
• No new requirements for Face-to-Face payments as defined in Volume v7.0 were
added, but …
• In order to adopt a terminology consistent with Remote Payments, Face-To-Face
transactions have been segregated into 3 types of transactions in Book 2 (Functional
requirements) of Volume v7.05 :
• With contact
• Chip and Mobile contactless (6 requirements out of which 4 refer to EMV)
• Additionally a new illustrative context has been created in Book 6 (Implementation
guidelines) on "Contactless Payment with no Cardholder Verification Method required
in an attended and unattended environment, cardholder is present and final amount is
know"
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5. SCS Volume v7.05 - Consultation
• The version of the Volume which is preparatory to Volume v.7.1 and will be published
for consultation is called version 7.05
• The public consultation of Volume v7.05 lasts from 10 March 2015 till 5 June 2015.
• Volume v7.05 includes the requirements for Remote Payments, the Pre-Authorisation
requirements and new contexts; but this version is not yet aligned with legislative/
regulatory texts expected to be officially adopted in 2015
• Comments are expected to focus on the newly introduced aspects; comments on
» Volume v7.05 aspects (Remote requirements, Pre-Authorisation and new
contexts) will be analysed in the scope of the preparation of Volume v7.1
» Volume v7.0 aspects (Face-To-Face requirements) will be analysed in the scope
of the preparation of Volume v8.0
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6. SCS Volume v8.0
• The full set of Books will be reviewed under the name of Volume v8.0 which is
expected to be published in Q1 2017
• Volume is expected to incorporate new aspects linked to technology innovation and to
the monitoring of the Volume compliance by the Market
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Dalibor Kurtović
 Executive Director Operations – Hypo Alpe-Adria-Bank d.d.
 Representative of the Croatian Banking Association in the European Payments
Council - General Assembly
[email protected]
European Payments Council
The "new EPC" | CEESCA | 19 March 2015
www.epc-cep.eu
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