SEPA Card Clearing Framework meets European standards

At the instigation of the European Central Bank and the European Commission, the Cards Stakeholder Group (today's European Cards Stakeholder Group ECSG) was set up in 2009 to develop and promote Europe-wide card payment standards. The ECSG pursues this goal through the maintenance and evolution of the SEPA Cards Standardisation Volume (the Volume), a key document for the card industry defining guidelines for cards standardisation, interoperability and security in Europe. As a self-regulatory initiative, the ECSG also promotes conformance of the card industry to the Volume. As a pan-European payments interoperability standards and harmonisation initiative, the Berlin Group is committed to t

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