16 January 19
The views expressed in the below reports are solely those of the authors and should not be attributed to the European Payments Council. During the last quarter of 2018, we gathered a list of interesting and free reports that focus on different payments’ topics. It is easy to get lost in the flow of...
SEPA INSTANT CREDIT TRANSFER SCHEME
Already 0 payment service
providers have joined the scheme,
i.e. 0% of European PSPs.
We harmonise payments in Europe
We help make it possible for citizens and businesses to pay with the same ease and convenience across the Single Euro Payments Area
() as in their home country. We design and manage the payment schemes, which are the rules underlying most of the euro credit transfers and direct debits in Europe. We represent payment service providers () on all European payment issues and contribute to shaping the future European payments landscape.
We maintain the schemes and make them evolve in dialogue with our stakeholders.
We strive for a better harmonisation of other innovative electronic payment instruments, like card and mobile payments.
We define positions and make proposals on payment aspects of European policies and legislations.
billion electronic payments per year
(Single Euro Payments Area) is a European Union payments integration initiative to harmonise electronic euro payments in Europe. Thanks to this project, citizens and companies can use the same payment instruments – in particular, credit transfers, direct debits and cards – when making euro transactions across Europe as when paying in euros in their home country. The supports and promotes , which is driven by European institutions.
Get ready for the Instant Credit Transfer scheme
The Instant Credit Transfer ( Inst) scheme is effective since November 2017; it will significantly change payments as we know them.
How to participate?
All are encouraged to adhere rapidly to the Inst scheme via the website as receivers of transactions and / or payers in order to give it momentum and meet customer needs.
News and Insights
10 January 19
* The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Italy, one of the largest economies in Europe, has made significant progress in electronic payments in the past ten years and was among the first to adhere to Single...
20 December 18
Today the EPC has published the first version of the SEPA Proxy Lookup (SPL) scheme rulebook which consists of a set of rules, practices and standards that makes it possible to operate, join and participate in the SPL scheme. The SPL scheme covers the exchange of the data necessary to initiate payments...
14 December 18
Results of the EPC poll on biometric authentication technology adoption for payments in the coming 5 years
The EPC invited professionals working in the payments industry to share their views on the future of biometric authentication. It held over the last two months a poll on forecasting which of the suggested technologies would become a common practice in the medium run. The question asked all participants...