Meet the aims of the European Central Bank and European Commission with regard to an integrated, innovative and competitive Single Payment Area for retail payments in euro in the European Union. We do so by defining open and common scheme- and processor-independent standards in the interbanking domain between Creditor Bank (Acquirer) and Debtor Bank (Issuer).

• Bring together non-competitive shared technical & organisational interests between heterogeneous stakeholders within the financial industry
• Issue scheme-independent standards that foster open market access with increased competition, and innovative and efficient SEPA services
• Transparent, non-discriminatory and objective admission criteria and participation rules
• Seek balanced and fair market representation without exclusive domination or guidance
• Governance of interoperability standards separated from market implementation
• Work in the spirit of an ‘open source’-initiative with full market transparency on participation and results

Berlin Group has delivered a number of open and harmonised scheme- and processor-independent standards in the interbanking domain, on:

• ISO8583 Authorisation & Clearing and related aspects of EMVCo standards,
• ISO20022 SEPA Card Clearing,
• MobileP2P Interoperability,
• PSD2 Access to Bank Accounts,
• Open Finance & Open Data.

The standards are free for use available via the website (IPR remains with Berlin Group unless otherwise decided).