Credit Transfer Update

Credit Transfer Update

Cyril Vignet, Matt Saxon

W3C TPAC 2017

Overview

PSD2 Context and API Initiatives
Specification Updates since March FTF
Implementation experience

Specification Updates since March face-to-face

Credit Transfer Paradigm, a Primer
Revisions to three credit transfer payment methods:

Payer-Initiated

Payer-initiated credit transfer flow

Payee-Initiated (General)

Payee-initiated credit transfer flow

PISP-Initiated (PSD2 context)

PISP credit transfer flow

Implementation experience

Report from Worldpay
Seeking additional implementers (including browser vendors)