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Contributing to the future of payments in Europe

The EPC focuses on the harmonisation of electronic methods of payments in SEPA

DOCUMENT LIBRARY 

Find the payment scheme rulebooks, implementation guidelines, clarification papers and other technical documents. 

News

30 November 20

The EPC publishes the first SRTP scheme rulebook

Following a three-month public consultation, and in close collaboration with stakeholders from the entire payment value chain, the EPC publishes today the first version of the Single Euro Payments Area (SEPA) Request-To-Pay (RTP) scheme rulebook. The SRTP scheme covers the set of operating rules and...

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News

26 November 20

Publication of the 2021 EPC SEPA payment scheme rulebooks

Today the EPC published the 2021 EPC SEPA payment scheme rulebooks and the related Implementation guidelines (IGs). All 2021 EPC SEPA payment scheme rulebooks enter into force on 21 November 2021. To ensure planning security for all market participants, the publication of the new rulebook versions follows...

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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

* SCT + SCT Inst.
SPAIN NUMBER NORWAY NUMBER FINLAND NUMBER ESTONIA NUMBER SWEDEN NUMBER LATVIA NUMBER BELARUS NUMBER LITHUANIA NUMBER GERMANY NUMBER POLAND NUMBER ICELAND NUMBER DENMARK NUMBER UNITED KINGDOM NUMBER IRELAND NUMBER NETHERLANDS NUMBER SWITZERLAND NUMBER LUXEMBOURG NUMBER BELGIUM NUMBER SPAIN NUMBER PORTUGAL NUMBER FRANCE NUMBER LICHTENSTEIN NUMBER ITALY NUMBER UKRAINE NUMBER SAN MARINO NUMBER MONACO NUMBER MOLDOVA NUMBER TURKEY NUMBER ROMANIA NUMBER BULGARIA NUMBER GREECE NUMBER BOSNIA AND HERZEGOVINIA NUMBER SERBIA NUMBER HUNGARY NUMBER SLOVAKIA NUMBER SLOVENIA NUMBER CROATIA NUMBER AUSTRIA NUMBER CZECHIA NUMBER MALTA NUMBER CYPRUS NUMBER VATICAN NUMBER ANDORRA NUMBER
from
12
COUNTRIES
At least 1 SCT Inst participant and a majority of payment accounts in the country
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.


Featured

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. 
info

All eligible 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.

POLL

In your opinion, what will be the SCT Inst volumes’ estimated share in total CT volumes (SCT + SCT Inst) in Q4-2022? (Latest data: 7.47% in Q3 2020)

  • less than 10% (20%)
  • 11%-20% (22%)
  • 21%-30% (20%)
  • 31%-40% (19%)
  • above 40% (20%)
Harmonise 01Harmonise 02Harmonise 03

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.


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almost 4,000 scheme participants

must formally adhere to the schemes in order to offer their customers the ease and convenience of transactions.

Become a scheme participant and consult the Register

529+
million citizens

146
billion electronic payments per year

36
European countries

About

(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.

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News and Insights

News

26 November 20

Publication of the 2021 EPC SEPA payment scheme rulebooks

Today the EPC published the 2021 EPC SEPA payment scheme rulebooks and the related Implementation guidelines (IGs). All 2021 EPC SEPA payment scheme rulebooks enter into force on 21 November 2021. To ensure planning security for all market participants, the publication of the new rulebook versions follows...

Read more
News

24 November 20

Results of the EPC poll on future share of SCT Inst volumes

November 2017 marked a major event in an increasingly instant world: the launch of the Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst), which enables credit transfers in ten seconds – or less – across the SEPA. Since its launch, the SCT Inst scheme has kept on growing, and the latest...

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Insight

19 November 20

The Nordic Payments Council is creating the new Nordic payment schemes

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Nordic Payments Council (NPC) developed the first Nordic payment schemes, based on and close to the European Payments Council’s (EPC) Single Euro Payments Area (SEPA)...

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