European Payments Council Consults on Electronic Invoice Presentment and Payment

On June 28, 2019, the European Payments Council (EPC) published a consultation on electronic invoice presentment and payment (EIPP): ISO 20022 Business Justification and Message Definition Report. These two documents have been issued by the multi-stakeholder group (MSG), which is looking to receive feedback and comments from various communities and stakeholders.

The EIPP MSG has been working on developing technical standards for the servicing messages to complete the standardisation layer of a pan-European EIPP eco-system. The group is seeking to submit a necessary request to ISO 20022 by October 2019.

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