The General Assembly groups principal and associate members and is the main decision body
for the Organization and is empowered to take all decisions required to meet the organization’s
objectives. The General Assembly mandates the Board of Directors to command the necessary
actions to achieve these objectives.
Board of Directors
The Board of Directors is mandated by the General Assembly to engage all actions of financial, technical or administrative nature to support the Organization’s operation in line with the decisions of the general assembly.
The organization is operated on the basis of a secretariat in charge of the daily operations. This secretariat is managed by a Secretary General that will legally represent the Organization.
Specification Management Board
The Specification Management Board (SMB) consists of representatives of the members and will:
Manage the evolution of the C-TAP specifications, propose and maintain a lifecycle
management model for these common specifications, including:
Rules & liabilities
On the basis of requests coming from members seating in the General Assembly,
analyse requests to extend or amend the common specifications
Draft potential changes. If required, this SMB will indicate to the General Assembly what
would be the benefits for the implementation of such changes.
Keep a global calendar of planned or scheduled amendments or extensions and group these in a release plan.
Acquiris a.i.s.b.l. is a payment terminal specification and certification body within the SEPA region.