Instant Payments Council

WORKING GROUP

1.

Request to Pay Dynamics

Focuses on the adoption and standardization of request-to-pay mechanisms, aligning them with user needs and creating a more responsive payment environment.
2.

Notification & Confirmation Innovations

Delves into refining and enhancing payment notifications and confirmations, ensuring real-time feedback for users and bolstering payment system reliability.
3.

Digital Overlay Services Exploration

Investigates the role and evolution of digital overlay services in enhancing the instant payment experience, adding value and versatility to basic payment functions.
4.

Cross-Border Payment Pioneering

Seeks to simplify and expedite cross-border payments, ensuring they are as seamless and instantaneous as domestic transactions.
5.

Bill Payment Advancements

Aims to streamline and innovate the bill payment process, integrating instant payment advantages to make bill settlements faster and more user-friendly.
6.

Euro Instant Evolution

Aims to promote and standardize the adoption of real-time payment solutions across EU nations, ensuring smooth interoperability and efficiency.
7.

Anti-Fraud Initiatives

Works in conjunction with established security platforms to devise mechanisms that counteract fraudulent activities, ensuring trust in the instant payment systems of Europe and America.

8.

Data Protection & Privacy

Prioritizes the safekeeping of user data in the age of instant payments, working towards GDPR compliance and beyond.
9.

Merchant & Vendor Engagements

Facilitates dialogues and tools for merchants and vendors, ensuring they’re equipped to adopt and benefit from instant payment mechanisms.
10.

Navigating European and American Payment Directories

Assesses and promotes efficient directory models to facilitate seamless and interconnected platforms for the instant payment ecosystems of Europe and the Americas.

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