28 September 23
In June 2023 the European Commission put forward a proposal for a Regulation to further digitalise and improve competitiveness in the European financial sector. The proposal for a Financial Data Access (FIDA) framework is a direct response to developments in the European payment services market and
27 September 23
Call for candidates for the Scheme End-User Multi-Stakeholder Group and for the Scheme Technical Player Multi-Stakeholder Group
In 2021, the European Payments Council’s (EPC) Board entrusted the Scheme End-User Multi-Stakeholder Group (SEU MSG) and the Scheme Technical Player Multi-Stakeholder Group (STP MSG) with the mission to maintain a formal and regular dialogue between the EPC and representatives of associations of end
SEPA INSTANT CREDIT TRANSFER SCHEME
0 payment service providers
have already joined the scheme:
0% of European PSPs and over 0% of PSPs in the euro area.
ESTIMATED SHARE OF SCT INST VOLUMES IN
TOTAL CT* VOLUMES
At least 1 SCT Inst participant but no majority of payment accounts in the country
No SCT Inst scheme participants in the country
*SCT Inst scheme largely enumerates those having the most significant volumes in their countries.
Now is the time to join - a major advance for European payments
Since its launch in November 2017, the
Instant Credit Transfer (
) scheme has grown significantly. Find out more information about the latest SCT Inst achievements.
are encouraged to rapidly join it for the benefit of their customers and to help achieve the broadest coverage as soon as possible!
Want to board the instant payments train? Read more here.