Paving the way for a SEPA wide Payment Solution. The OSCar Project April 2014



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Paving the way for a SEPA wide Payment Solution The OSCar Project April 2014

Pan-european Retailers and Acquirers have some expectations that SEPA standards are supposed to meet : To optimise payment process across Europe (multi-acquiring, central acquiring, central reporting..) To be provided with SEPA wide payment solutions in quicker time to market for all channels and technologies (face to face, Unattended, chip, contactless, mobile, etc) for all the payment cards they accept (banking cards, private label cards, etc) To benefit from innovative, interoperable and open solutions To capitalize on costs reduction and increased competition to deliver more value to their customers

In other words: Get rid of legacy acquirer and/or country and/or scheme specific payment solutions A single card payment experience Today Tomorrow Application & Protocol Single Standardised Payment Application & Interoperable Protocol(s) able to process all bank issued cards independently of the brand Single, cost-effective, one stop shop solution SEPA-wide

How should it look like from a functional point of view? Fewer terminal to acquirer protocols based on open ISO standards Cardholder Standalone POI Merchant Acquirer Issuer SEPA EMV interoperable payment application(s) for POI Single POI functional Certification From end to end Interoperable & Open Standards and Acquirer Protocols Single EMV payment application working with all bank issued cards independently of the brands

The SEPA Card Standardisation Program is supposed to provide at least: One POI Payment Application, one Acquirer protocol, one set of POI security requirements Endorsed by all SEPA Card Schemes and Countries Supported by an efficient functional certification and an efficient security certification processes recognised by all SEPA Cards Schemes and countries Vendors to design single POI solutions for the whole SEPA Allowing Retailers to be provided with multi-countries, multi-schemes POS solutions, interoperable with any SEPA acquirer Acquirers to provide more easily SEPA wide acquiring services through a single solution

Bring the SEPA Card Standardization program from theory into practice is the raison d être of OSCar The way to standardise the SEPA Own the SEPA Cards Standardisation Volume Book of Requirement Write, maintain and propose high level requirements for standardisation in the Volume to be validated by all sectors CIR (SEPA FAST) Develop implementation specifications in compliance with the Volume chapters related to functional and protocols requirements SEPA FAST: EMV Payment terminal Application EPAS protocols: ISO20022Acquirer protocol/tms* protocol ISO20022l/Retailer protocol Foster real implementation and provide functional evaluation/certification infrastructure

The OSCar project has been launched in order to Foster the development of SEPA wide POI solutions implementing Set-up the associated functional certification infrastructure The SEPA-FAST payment application specified by the CIR (www.cir-twg.org ) and The EPAS ISO20022 Acquirer/TMS protocol specified by EPASOrg (www.epasorg.eu) Packaged in the OSCar Integration Specification (OIS) as an efficient alternative to the legacy, country or scheme specific, POI payment solutions Allowing one-stop shop evaluation & certification of OSCar POIs in accordance with the SEPA Certification framework Recognised by the different SEPA Card Schemes and Approval Authorities

OSCar adresses the functional and the certification requirements of the SEPA Card Standardisation Volume OIS(*) SEPA FAST EPAS protocols Book 1 Book 2 Book 3 General Functional Requirements Data elements OSCar test cases / test infrastructure OSCar Certification Policy * OIS = OSCar Integration Specification Book 4 Book 5 Book 6 Book 7 Security Compliance Verification procedures ((tbc) Implementation guidelines Innovation integration framework

OSCar Phase 1: OSCar Phase 1: 20111-2013 First implementations for Proofs of concept and field trials purpose Limited functional scope Attended environment EMV contact & Magstripe Basic payment services: payment / Refund cancellation Simplified functional certification infrastructure (suitable for limited field trials) Consortium with limited duration

OSCar phase 1 governance model: the OSCar Consortium Brings together key card payment industry stakeholders Open to new members subject to the approval of 2/3 of members Any interested party, ready to commit resources and to participate to the project No fee Limited duration

OSCar membership: 40 Members as of April 2014

OSCar membership: as of April 2014 Schemes and/or Approval authorities AMEX, Consorzio Bancomat, GIE CB, MasterCard, GBIC, VISA, UnionPay International, Discover, UK Cards, Payfair, Vendors and Processors Atos Worldline, Caisses Desjardins, Crédit Agricole Cards & Payments, Equens, Ingenico, SER2S, Verifone, Wincor Nixdorf, Monext, ACI, TNSI, izettle, Six Group, Samport Acquiring banks Barclaycard, Carrefour Banque, Crédit Mutuel, Poste Italiane, Banque Accord, Concardis Testools suppliers Clear2Pay, Galitt, Collis/UL Testlab Cetecom, Elitt, VÖB-ZVD Processing, Fime Certification bodies Paycert, VÖB Retailers Auchan,

The objectives of the phase 1 are being achieved! Q4 2010 2011-2012 Q4 2012 Q3 2013 Technical development on Terminals and Acquirer Hosts (field trial version) OSCar Project launch Design and Implementation of Terminal & Acquirer Host Test cases (field trial version) Evaluation Procedure and Certification Administrative process (field trial version) OSCar Integration Specification of EPAS Acquirer protocol & SEPA FAST application specifications Tests running & First OSCar Certificates First Field Trials 13

First OSCar phase 1 solutions have been delivered and are on the field! More to come 2 first Oscar POI terminals Ingenico stand alone Terminal. WincorNixdorf stand alone terminal 2 First OSCar Host Acquirer Platforms Crédit Mutuel/Euro information EPAS platform SER2S EPAS gateway 4 OSCar fields trials across Europe so far Auchan-Crédit Mutuel Ingenico in France (from 06/2013) and in Portugal Carrefour- Crédit Mutuel Ingenico in France (from 07/2013) and in Spain

Our next objective is to be ready for commercial solutions OSCar solutions embedding the whole scope of services/environments (attended/unattended) and technologies (contact & contactless) "fully certified" and ready for commercial pilots and roll-out should be available in the course of 2014 in order to meet customer's expectations of retailers and acquirers.

OSCar Phase 2 functional scope Card payment services Acceptance technologies Payment, / Cancellation/Refund, Payment with Increased Amount, cash back Deferred Payment (eg AFD) Later stage : cash-bak and Pre-authorisation services Chip contact EMV, Chip contactless EMV (Card and Mobile), Magnetic Stripe, Manual Entry. Acceptance environment Attended (cardholder present) Unattended (cardholder present) Cardholder Verification Method EPAS protocol modes Online Pin, Encrypted /plain text offline PIN, Plain text offline PIN, NO CVM, Signature. Online / off line transaction Capture online (with autorisation) or off line Immediate capture or batch capture Reconciliation / diagnostic

The OSCar Phase 2 project is already under way OSCar Phase 2 Specifications Completed OSCar Phase 2 Test Cases On going OSCar Phase 2 POI Solutions and Acquirer Hosts From Q4 2014 : contact and contactless, for attended & unattended environment

The current OSCar consortium will be taken over by a more sustainable legal body in order to face medium and long terms challenges Which will propose a collaborative governance to the different stakeholders Which will provide a Trusted Certification Process facing the challenges of commercial roll-out Which will be able to leverage on its own resource in addition to the direct contributions of its members

5 reasons for a pan european retailer to join OSCar now 1. THE SEPA CARD STANDARDISATION PROGRAM HAS BEEN LAUNCHED TO MEET PAN EUROPEAN RETAILERS EXPECTATIONS 2. IT IS BECOMING A REALITY THANKS TO EPASORG, CIR WG, OSCAR AND THEIR MEMBERS. 3. IMPLEMENTATION OF SEPA STANDARDS AND ROLL-OUT SHALL REMAIN MARKET DRIVEN BUT THE MARKET AND THE DEMAND SIDE HAVE TO MOVE 4. THE GOVERNANCE OF THIS INITIATIVE IS OPEN TO RETAILERS TAKE ADVANTAGE OF THAT TO HAVE YOUR NEEDS EMBEDDED 5. THESE NEW STANDARDS ARE MORE FLEXIBLE BUT MORE COMPLEX A LEARNING CURVE IS NEEDED THE SOONER THE BETTER WAIT AND SEE IS NOT ANYMORE THE GOOD OPTION!

OSCar Crossing borders www.oscar project.eu