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This Forum, which creation was decided during a workshop held in January 2016 by the EPC, is the coordination body of the European P2P payments stakeholders. Its aim will be to achieve pan-European interoperability in this field, underpinned by user-friendliness, whilst also encouraging competition in the market.
The Steering Committee’s role is, in a first step to identify the various challenges the Forum will need to tackle. It met for the first time on 14 March 2016, and discussed mainly the key objectives of the ‘Forum’, as well as governance-related matters. The Steering Committee’s Chair (John Maynard from Paym) and Vice-Chair (Kasper Sylvest Olsen from Danske Bank) were appointed during this first meeting.
Since this first meeting took place, the Steering Committee met a second time in May 2016. The EPC will keep on publishing on its website the documents produced by the Steering Committee, once approved by its members. In addition, the Steering Committee will share a first intermediary status update during the Euro Retail Payments Board’s meeting in June 2016.