IPFA - Internationa Payment Framework Association is an international working group responsible for defining the business rules, standards and operating procedures to improve non-urgent international bank transfer based on ISO20022 standards, through the definition of a contractual organization that obliges its memner to comply with those rules, standards and operating procedures. Global Transaction Services and Payment Systems is a report published by International Payments Framework Association (IPFA), with Customer to Business Interaction (CBI) Consortium support.
The objectives of " Riding the wave of global transaction services and payment systems" report are the followings:
- Provide an overview of the changes underway in this market
- Understand the regional payments dynamics
- Evaluate the real trends revenue of global transaction services around the word