New

Contributing to the future of payments in Europe

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

News

31 May 23

Latest publications related to the SRTP scheme

Today the European Payments Council (EPC) has published the new versions of the SEPA Request-to-Pay (SRTP) scheme rulebook as well as the rulebook related clarification paper. The SEPA Request-to-Pay scheme rulebook version v3.1 Version 3.1 of the SRTP scheme rulebook, includes some clarificat

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Insight

31 May 23

A pathway to improve the security of card payment systems

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Smart Payment Association (SPA) is the trade body of the cards and mobile payments industry and addresses the challenges of a fast-evolving payment ecosystem, prom

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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

* 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 CZECH REPUBLIC 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
Readiness date: 24 June 2023
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
October 2022

In your opinion, what are the most effective step(s) to make payments more sustainable:

  • Using banknotes made out of ‘eco-friendly’ materials (8%)
  • Reducing the use of cash (16%)
  • Using a card made out of ‘eco-friendly’ materials (7%)
  • Using a mobile device (e.g. mobile phone, smart watch) and for example a digital wallet (21%)
  • Using a generic device (e.g. mobile phone) as an acceptance device (13%)
  • Opting for a digital receipt (or no receipt) over a paper one (20%)
  • Using a purchase-related ‘carbon footprint’ tracking and reporting tool (e.g. app on a mobile device) (10%)
  • Other (5%)

About


 

529+
million citizens

184
billion electronic payments per year

36
European countries

46
billion + transactions per year