Berlin Group focuses on tokenisation and instant (realtime) payments

The Berlin Group Plenary meeting of November 2014 has confirmed the strategy to integrate tokenisation and instant (realtime) payments into the Berlin Group specifications. The possible use and merits for integration of tokens into Berlin Group specifications will be assessed once tokenisation support for the European markets would become available from the major international card payment schemes. A separate decision will be taken later whether to integrate tokenisation into the existing ISO8583-based Berlin Group authorisation specifications or in the future ATICA-based authorisation specifications (planned to become available in the summer of 2015). And while acknowledging the value, bene

© The Berlin Group - Disclaimer and Dataprivacy Policy