Public consultation - BOOK 3 Data Elements v8.5 | SEPA Cards Standardisation Volume

THE EUROPEAN CARDS STAKEHOLDERS GROUP LAUNCHES A PUBLIC CONSULTATION ON A NEW VERSION OF ITS DATA ELEMENTS REQUIREMENT BOOK


Following the availability of a major ISO 20022 card message standard update

The European Cards Stakeholders Group (ECSG), the industry association in charge of cards standardisation in the Single Euro Payments Area (SEPA), is today releasing the version 8.5 of Book 3 – Data Elements, incorporating a major update of the ISO 20022 Acquirer-To-Issuer Card messages standard (ATICA), for a two-month public consultation. This new version is a major step forward as it uses version 2 of ATICA as a main reference for the other card messaging standards. Other changes include updates linked to European regulation, such as the Payment Services Directive 2 or the Interchange Fee Regulation. To ensure this new version truly reflects market needs, all stakeholders are invited to supply feedback by 30 June 2020. Book 3 – Data Elements is part of the SEPA Cards Standardisation Volume, a set of documents written and maintained by the ECSG that aims at defining common standard requirements for card payments in the Single Euro Payment Area. The Volume is considered a key document for the cards industry, with a goal of achieving cards standardisation, interoperability, and security in Europe. More information about the ECSG consultation can be found here.