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The first board meeting of the newly created European Cards Stakeholders Group (ECSG) was held on 15th September 2016.
This new industry association takes over the mission of the Cards Stakeholders Group (CSG), which was created in 2009. The role of this multi-stakeholder association is to promote card harmonisation in the Single Euro Payments Area (SEPA), notably through the development of the SEPA Cards Standardisation Volume (the Volume). This document is key to achieving cards standardisation within the European card industry. The ECSG is currently made up of 32 organisations from five sectors throughout the card payment chain. It also welcomes four observers, including some from European Union institutions which support its creation.
The ECSG is...
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