Paris, 1 July 2015

EBA CLEARING issues blueprint for pan-European instant payment infrastructure solution

The blueprint spells out high-level business requirements and a roadmap 2015 – 2018 for the delivery of a pan-European inter-PSP solution for instant payments in euro

The content will be subject to a consultation exercise with a wider user community and key stakeholders in the third quarter of 2015

The blueprint is available upon request at


EBA CLEARING has published a blueprint document spelling out high-level business requirements for a pan-European instant payment infrastructure solution. This milestone on the Company’s journey towards delivering a solution in the clearing and settlement layer for instant payment transactions in euro by 2017 was completed within less than four months.

EBA CLEARING is a provider of pan-European payment infrastructure solutions, including the EURO1 and STEP2 systems. The blueprint was compiled based on the input of a task force composed of over 20 representatives of EBA CLEARING service users. The aim of this work has been to provide a comprehensive basis for a broader user and stakeholder consultation on the way forward towards developing a solution for payment service providers (PSPs) from all over Europe.

The future infrastructure solution by EBA CLEARING will be geared at handling any euro transactions that are in line with the instant payment definition and requirements formulated by the Euro Retail Payments Board (ERPB) in late 2014 and should thus be able to support any real-time payment products that PSPs in Europe may decide to offer to their customers.

“We are very pleased to announce the delivery of this blueprint, which constitutes a joint testimony on requirements for an instant payment infrastructure solution compiled by interested PSPs from our user community,” said Hays Littlejohn, Chief Executive Officer, EBA CLEARING.

“We are planning to discuss these requirements and the proposed roadmap with our wider user community and key stakeholders over the coming months and look forward to their feedback. The next step is to further refine and specify these requirements based on this input, so that we can take them to potential technology suppliers before the end of this year.”

As detailed in the roadmap provided as part of the blueprint, EBA CLEARING aims to start the new solution in a pilot mode in 2017 to be followed by an official launch in 2018.                                                                                      


EBA CLEARING is a provider of pan-European payment infrastructure solutions. The Company was founded in 1998 and is owned by 60 of the major banks operating in Europe.

EBA CLEARING manages the large-value payment system EURO1 as well as STEP1, a payment service for commercial transactions, and STEP2, a pan-European payment infrastructure platform for mass payments in euro, providing full reach to all financial institutions across Europe processing credit transfers and direct debits in euro. More than 4,800 financial institutions in 34 countries are reachable via STEP2.

Following the launch of its instant payment initiative in mid-2014, EBA CLEARING kicked off work on an instant payment infrastructure blueprint and roadmap in March 2015 with the support of a dedicated task force composed by PSPs from across Europe.

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