MacPay+ and the ISO 20022 standard
The Swiss financial community is in the midst of a deep change to the present payments standard that has been in place for decades. The new standard is called ISO 20022 and is a major simplification step. The official deadline foresees an end to the migration project a the end of 2017 for PostFinance and and of June 2018 for the banks. MacPay+ follows and in some cases anticipates those deadline. Here are the coming changes for MacPay users.