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.
Request a Free Trial
As a trusted source of regulatory intelligence for the global payments industry, we enable organisations to manage the growing volume and velocity of regulatory risk with confidence, empowering more informed and effective decision making, in an efficient and cost-effective way.Take a Trial