30 June 22
The European Payments Council (EPC) publishes today the default Single Euro Payments Area (SEPA) Request-to Pay (SRTP) related application programming interface (API) specifications based on version 2.1 of the SRTP scheme rulebook, which becomes effective on 30 June 2022. It is important to menti
17 June 22
The European Payments Council (EPC) publishes today the final version of the Standardisation of Quick-Response (QR)-codes for mobile initiated SEPA (instant) credit transfers (MSCTs). This document standardises a payee- and a payer-presented QR-code for all types of MSCTs, i.e. all payment contexts:
SEPA INSTANT CREDIT TRANSFER SCHEME
0 payment service providers
have already joined the scheme:
0% of European PSPs.
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.