Version 2.0 of the Clearing Specification published
- The Berlin Group
- Feb 1, 2007
- 1 min read
During 2006 the first European card processors have implemented the Berlin Group Interfaces. The implementation projects showed that some optimizations and clarifications within the clearing specifications would be suitable. These change requests have been taken into account during the preparation of the newly published version 2.0 of the Clearing Specification. All current implementation projects already follow this new version of the specification.
On that occasion the Clearing Specifications have been reorganised. The Clearing Interface Specification document describes the clearing interface and the data flow, based on ISO 8583. The scheme-independent technical processing rules are documented separately now in a Rules document. This document also contains a complete process description as well as a generic clearing data model supported by the Berlin Group interface.
In the first half of 2007 a Procedures Handbook will be published to complete the clearing specifications.
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