The volume defines a standard set of requirements to enable an interoperable and scalable card and terminal infrastructure across SEPA, based on open international card standards.
The CSG is a multi-stakeholder body representing retailers, vendors, processors, card schemes and the EPC. Created in 2009, the CSG develops and maintains the SEPA Cards Standardisation Volume (the SCS Volume), and focuses on a cards standardisation programme that will create a better, safer, more cost efficient and functionally richer card services environment, whatever the card product or scheme may be.
In January 2014, the EPC, together with the CSG, published version 7.0 of the SCS Volume, ready for market implementation. Version 7.0 of the SCS Volume covers a set of requirements applicable to card-present (also referred to as ‘face-to-face’ or ‘local’) transactions. All stakeholders and interested parties active in the SEPA cards domain are encouraged to roll out services and products in line with the requirements set out in version 7.0 of the SCS Volume in a three-year period, i.e. by January 2017.
Version 7.05 of the SCS Volume, released on 10 March 2015, includes the requirements published with version 7.0 applicable to card-present transactions, which remain unchanged. In addition, the SCS Volume version 7.05 has been updated to incorporate the following new elements:
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Functional and security requirements applicable to card-not-present (also referred to as ‘remote’) payments, which are initiated in the context of electronic or mobile commerce or by mail or telephone order
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Enhanced requirements related to the pre-authorisation of both face-to-face and remote card payments relevant to, amongst others, service providers operating in the hospitality sector
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A cards processing framework which defines business principles and requirements for market access and participation in card payment processing services. The main objective of this framework is to facilitate an open and transparent market
The updated version 7.05 of the SCS Volume released for public consultation in March 2015 by the EPC together with the CSG addresses evolving market needs in a fast-moving environment. The proposed new standardisation requirements will contribute to creating a harmonised card and terminal infrastructure across SEPA which allows both consumers and merchants to fully reap the benefits of exchanging goods and services in the digital age.
The CSG calls on all stakeholders to provide feedback on the new elements introduced into version 7.05 of the SCS Volume by 5 June 2015.
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