26 July 21
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Although electronic payments are gaining popularity in Cyprus, cash is still king. Nevertheless, there are clear signs that the Cypriot payments landscape is entering a...
15 July 21
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 second quarter of 2021, we gathered a list of recent and free reports that are highlighting the future of payments, open banking and other interesting...
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.