Euro Retail Payments Board
On 19 December 2013 the ECB announced the launch of the Euro Retail Payments Board (ERPB). This new entity, which replaces the SEPA Council, will help foster the development of an integrated, innovative and competitive market for retail payments in euro in the European Union.
Press release announcing the ERPB
Objective
The objective of the ERPB is to contribute to and to facilitate the further development of an integrated, innovative and competitive market for euro retail payments in the EU by:
- identifying and studying technical, behavioural and legal obstacles in – but not limited to – (i) credit transfer payments, (ii) direct debit payments, (iii) card payments, (iv) internet payments, (v) mobile payments and (vi) payments-related horizontal issues (e.g. issues related to standards, fraud and security);
- identifying and pursuing ways to address these obstacles;
- identifying and pursuing ways to foster innovation, competition and integration in retail payments in euro in the EU.
Organisation
The ERPB is chaired by a high-level representative of the ECB. It is composed of the following members:
- on the supply side of the market, four representatives of the banking community, two representatives of payment institutions and one representative of e-money institutions;
- on the demand side of the market, two representatives of consumers and one representative of each of the following stakeholder categories: (i) retailers with a physical presence, (ii) internet retailers, (iii) businesses/corporates, (iv) small and medium-sized enterprises and (v) national public administrations.
In addition to the members, five national central banks (NCBs) representing the Eurosystem and one NCB representing the non-euro area NCB community take part in the meetings on a rotational basis as active participants, in the sense of participating and contributing to the discussions, but without taking a position when a final conclusion/consensus is adopted. Furthermore, the European Commission is invited to join the ERPB as an observer.
For the execution of its mandate, the ERPB may establish a working group for a limited period of time for dealing with specific work priorities. Several groups may operate in parallel, depending on the work priorities.
The ERPB reports annually on its activities, common positions, guidance or statements adopted in the previous year and on its objectives and deliverables for the following year.
Related documents
- Annual report of the Euro Retail Payments Board 2017-2018
- Annual report of the Euro Retail Payments Board 2016-2017
- Annual report of the Euro Retail Payments Board 2015-2016
- ERPB response to the Commission’s Green Paper on retail financial services – March 2016
- Annual report of the Euro Retail Payments Board 2014-2015
- Euro Retail Payments Board mandate
- Composition of the ERPB
- Record of past ERPB recommendations
- Statement
- Agenda
- Assessment of follow-up on ERPB statements, positions and recommendations
- Annex to the assessment of follow-up of past ERPB statements, positions and recommendations
- Intermediary status update of the Steering Committee of the Mobile Proxy Forum
- Status update on SCT Inst scheme
- Report of the ERPB Working Group on Payment Initiation Services
- ECSG Acquirer to Issuer Study
- ERPB Statement
- Agenda
- Assessment of follow-up of past ERPB recommendations
- MPF intermediary status report to the November 2016 ERPB
- Status update on the SCT Inst scheme
- Report from the Working Group on e-invoicing solutions related to retail payments
- Secretariat note on pan European integration of payment initiation services
- Mandate of the working group on payment initiation services
- AGE Platform Europe-DNB note on possible work on broader accessibility for payment users
- ECSG interim report on the framework for a market-driven approach for ISO20022 migration in the acquirer-to-issuer domain
- ERPB Statement
- Agenda
- Assessment of follow-up of past ERPB recommendations
- Intermediary status update of the Steering Committee of the Mobile Proxy Forum
- Status update on SCT Inst scheme
- Proposal for the update of the ERPB workplan
- Pan-European integration of payment initiation services
- CSG Acquirer to Issuer processing study
- CSG presentation on Acquirer to Issuer processing study
- CSG stock-taking on cards standardisation
- ERPB Statement
- Agenda
- Assessment of follow-up on ERPB statements,positions and recommendations
- EPC proposal for the design of an optional euro SCT Instant scheme
- Review of the EPC proposal for the design of an instant SEPA Credit Transfer scheme
- Final report on mobile and card-based contactless proximity payments
- Mandate of the working group on e-invoicing solutions related to retail payment
- e-invoicing solutions related to retail payments – the way forward in Sepa
- ERPB statement
- Agenda
- Contactless WG Interim Report to the ERPB
- Assessment of follow-up on past ERPB recommendations
- EPC Report to the ERPB on Instant Payments
- ERPB Secretariat Note on Next Steps on Instant Payments
- Report and Recommendations ERPB WG on P2P Mobile Payments
- CSG Stock Taking Excercise: Presentation
- CSG Stock Taking Excercise: Executive Summary of the Progress Report
- CSG Stock Taking Excercise: Progress Report
- CSG Stock Taking Excercise: Annex 3 - Detailed Data
- CSG Stock Taking Excercise: Annex 4 - SCCMB Terms of Reference
- ERPB Secretariat note on e-invoicing solutions related to retail payments
- ERPB statement
- Agenda
- Follow up on the work plan of the ERPB
- Follow up on the work plan of the ERPB - Annex
- Assessment of follow-up on past ERPB recommendations
- Report of the ERPB working group on SCT-SDD post migration issues
- Report of the ERPB working group on pan-European electronic mandates
- Report by the Cards Stakeholders Group (CSG) a)
- Report by the Cards Stakeholders Group (CSG) b)
- Instant payments in euro
- Press release
- ERPB statement
- Agenda
- Mandate of the Working Group on pan-European electronic mandate solutions
- Mandate of the Working Group on SCT and SDD post-migration issues
- High-level requirements for a consumer no-refund direct debit scheme in SEPA
- Issues and way forward with electronic mandates for SEPA direct debit
- The Cards Stakeholders Group, its functioning and the reasons for acknowledgment by the ERPB
- The CSG Cards Stakeholders Group - Role and activities