Entity
  • European Payments Stakeholders Group (EPSG)

    Created in 2016
  • Social networks

    511
  • Activities

  • Technologies

  • Entity types

  • Location

    Rue Abbé Cuypers 3, 1040 Etterbeek, Belgium

    Etterbeek

    Belgium

  • Employees

    Scale: 51-200

    Estimated: 8

  • Engaged corporates

    1
    1 0
  • Added in Motherbase

    5 months ago
Description
  • Value proposition

    A multi-stakeholder group focused on the definition of SEPA requirements for payment-based services

    The European Cards Stakeholders Group (ECSG) is an International Non-Profit Association founded in 2016 and located in Brussels.
    The purpose of the ECSG is the definition of SEPA requirements for card-based services.
    Its membership is open to any entity active in the market for card related or card-based services in an EEA Member State, and it organises itself as a multi-stakeholder group alongside the following industry sectors over the full value chain of card-based services:
    • Retailers;
    • Vendors (manufacturers of cards, payment devices, and/or related IT systems);
    • Processors (of card transactions);
    • Card Schemes and
    • Payment Service Providers.
    ECSG members must belong to one of these five Sectors.
    The main task of the ECSG is to maintain and evolve the ‘SEPA Cards Standardisation Volume’, a set of documents designed to enable card payment standardisation and harmonisation to promote the interoperability of card transactions in a secure environment throughout the SEPA region.
    The Volume defines the high-level standardisation requirements. Those requirements are used by the specification providers to write their specifications, which will be used to develop solutions.
    Specification providers can submit a request for a conformance label to the Volume Conformance Management Committee of the ECSG.
    The strength of the group is its organisation that includes the 5 sectors of the card payment value chain and by being a member, an organisation gets several advantages:
    • Valuable information on the developments of standardisation,
    • An active contribution in its design,
    • The capability to anticipate what its evolution will be
    • Through a close interaction with the regulators.

Corporate interactions BETA
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11 Jul 2024


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