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EPC: Launches public consultation on Request to Pay rulebook

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EPC: Launches public consultation on Request to Pay rulebook

  • Launches a 90-day public consultation on the draft rulebook it developed for its new Request-to-Pay (SRTP) scheme
  • The SRTP scheme, which is based on the RTP specifications document  produced by the RTP Multi-Stakeholder Group
  • Covers the set of operating rules and technical elements (including messages) that allow a Payee (Creditor)
  • To request the initiation of a payment from a Payer in a wide range of physical or online use cases
  • It envisaged that the scheme will evolve further over time to support more elaborated functionalities
  • The publication of the formal first version of the SRTP rulebook foreseen by end November 2020 (subject to EPC Board approval)

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