APACS - the UK payments association

Standards

What is a standard?

A standard is a document that enables system and product builders to develop their products in a way that achieves maximum cost benefit by way of streamlined requirements. Standards also enable interoperability between systems and products from one vendor with those built by other vendors.

Standards are developed by interested parties, e.g. users and manufacturers, and are agreed upon usually by consensus. Conformance to standards is voluntary unless a national or regional directive mandates their use or an industry agreement is reached.

Standards can be either technical or procedural.



Back to Standards FAQs Page



Related site link

Industry Standards More information on industry Standards.

Trade Association Forum - Committed to Best Practice - Member 2005
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