What is the difference between the MAS_ISO 20022_Payments_Like-for-Like++_V1 technical version and other versions of ISO 20022?

The MAS_ISO 20022_Payments_Like-for-Like++_V1 technical version is a version of the ISO 20022 message schemas for MEPS+ and FAST payment systems in Singapore. Here are some differences between the MAS_ISO 20022_Payments_Like-for-Like++_V1 technical version and other versions of ISO 20022:

• The MAS_ISO 20022_Payments_Like-for-Like++_V1 technical version is specific to the payment systems in Singapore, while other versions of ISO 20022 may be used in different countries or regions
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• ISO 20022 is a flexible framework that allows communities of users and message development organizations to define message sets according to an internationally agreed approach
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  . Therefore, other versions of ISO 20022 may have different message sets compared to the MAS_ISO 20022_Payments_Like-for-Like++_V1 technical version.
• The adoption of a harmonized ISO 20022 version for message formats is a building block for enhancing cross-border payments
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  . Therefore, other versions of ISO 20022 may have different levels of adoption and impact on cross-border payments compared to the MAS_ISO 20022_Payments_Like-for-Like++_V1 technical version.

Overall, the MAS_ISO 20022_Payments_Like-for-Like++_V1 technical version is a specific version of the ISO 20022 message schemas for MEPS+ and FAST payment systems in Singapore, and may have differences in message sets and adoption compared to other versions of ISO 20022 used in different countries or regions.