WPWG Credit Transfer Payment Method

http://w3c.github.io/webpayments-methods-credit-transfer-direct-debit/

http://w3c.github.io/webpayments-methods-credit-transfer-direct-debit/

IJ: Cyril and Vincent updated

Cyril: Vincent is going to prepare an update to a spreadsheet with guidelines and mapping to ISO 20022 labels
... and CGI

IJ: What mappings do we want to list in the document (e.g., in an appendix0?

Candidates:

* Sepa

* ISO 20022

* CGI

Cyril: For Europe the SEPA implementation is both necessary and sufficient
... but CGI is interesting

Todd: NACHA for ACH

IJ: Where would we find the relevant terms?

<scribe> ACTION: Todd to locate the documentation of ACH terms for potential mapping within the CT document [recorded in http://www.w3.org/2017/02/23-wpwg-credit-minutes.html#action01]

IJ: I Propose that we create an appendix with a table of mappings

pascal_bazin: There is also the RTS committee that may have some descriptions
... from EBA

CyrilV: The RTS is from the EBA (central bank)
... I've read the work
... it's not a technical standard
... more about principels

principles

scribe: eg.., requirements for strong auth
... e.g., ability of have exceptions for risk-based auth

IJ: Where in the ISO 20022 repo should we look?

https://www.iso20022.org/payments_messages.page

<pascal_bazin> Thanks Cyril

What is the ISO equiv?

https://www.iso20022.org/message_archive.page#fifth_version_pain

https://www.iso20022.org/standardsrepository/public/wqt/Content/mx/pain.001.001.05

https://www.iso20022.org/standardsrepository/public/wqt/Description/mx/dico/mc/_QQntYSHQEeKGep4bhmamiA

https://www.iso20022.org/standardsrepository/public/wqt/Content/mx/dico/mc/_QQntYSHQEeKGep4bhmamiA

<scribe> ACTION: Ian to ping Kris and Vincent to try to find the relevant ISO20022 vocabs [recorded in http://www.w3.org/2017/02/23-wpwg-credit-minutes.html#action02]

IJ: Whom should we contact at NACHA to review the fields?

CyrilV: After review by VK and me we are confident re: SEPA and CGI

+1 to a similar NACHA review

<scribe> ACTION: Ian to find someone from NACHA to review [recorded in http://www.w3.org/2017/02/23-wpwg-credit-minutes.html#action03]

<todd_a> nacha has a mapping guide to iso 20022 - https://www.nacha.org/iso-20022-mapping

"NACHA ISO 20022 Credit Transaction Guide to Mapping U.S. ACH File Formats – CCD, CTX, PPD and Outbound IAT

"

Cyril: Our use case is credit transfer request is FROM THE BENEFICIARY
... so not PAIN01
... we are pre-PAIN01 when the merchant is giving data (to comply with PAIN 01)
... our request is closer to PAIN 13 and response closer to PAIN 14

IJ: On NACHA site I see references to PAINs 01, 08, 02, 53

https://www.nacha.org/system/files/resources/NACHA_ISO_20022_Guide_for_pain.001_%28credit_transfer%29_Nov_2016%5B1%5D_0.docx

actions?

Cyril: What is CCD and PPD and CTX?

<todd_a> +

http://content.pncmc.com/live/pnc/corporate/treasury-management/ach-conversion/ACH-File-Specifications.pdf

<todd_a> different formats for ach

Todd: These are data formats

e.g., CCD+ has addenda data around items

scribe: e.g., line item detail on a purchase order

"These formats apply to both PPDs (Pre

arranged Payment and Deposit Entry

type transactions) and also CCDs (Cash Co

ncentration or Disbursement type of

transactions). PPD transactions are co

rporate to consumer transactions, and

CCD/CCD+ transactions are corporate to

corporate transactions. Refer to the

National Automated Clearing House Association (NACHA) Rule Book for

information concerning the rules and guid

elines governing the different types of

ACH transactions. "

<pascal_bazin> Corporate Trade Exchange (CTX)

Cyril: It could also be interesting for Vincent to do some of the mapping; he has a tool

[Summary]

* Thank you Cyril and Vincent for the field review!

* Next steps:

- figure out relevant mappings to other standards and consider an appendix with a table of mappings

- get NACHA to look at this

- Bring the spec to the WG

IJ: Propose we send the spec to the group on 9 March
... I plan to do a little editing.
... What should our list of supported credit transfer networks be?

(initially)

Analogy => https://www.w3.org/Payments/card-network-ids

Today we have: ach, bacs, sepa, chaps

<scribe> ACTION: Ian to create a note in the spec about how we will manage the network list similar to card networks [recorded in http://www.w3.org/2017/02/23-wpwg-credit-minutes.html#action04]

IJ: Any other topics?
... Is there support for 9 March?

Cyril: +1

<CyrilV> +1

<todd_a> +

{no objections}

pascal: +1

Updates to the spec

IJ: if you edit the spec directly on GitHub, please let us know...apparently I don't get pinged for some types of edits

Next meeting

None planned