News

The call for change requests for possible modifications to be introduced into the SEPA Proxy Lookup (SPL) scheme rulebook starts today and runs until 31 March 2019. How to participate? The template to submit a change request to the SPL scheme rulebook can be downloaded below. Any person or organisation...

The SEPA Proxy Lookup (SPL) scheme, managed by the European Payments Council, covers the exchange of the data necessary to initiate payments between proxy-based payment solutions on a pan-European level and aims to facilitate interoperability between participating payment solutions. The scheme is...

We invite experts to join our new Request-To-Pay Multi-Stakeholder Group (RTP MSG): applications have to be submitted by 15 February 2019. The landscape of payment solutions in the retail market is undergoing transformation, under the influence of the development of account-based real-time payment...

Today the EPC published a new version of the Guidelines on cryptographic algorithms usage and key management in order to provide guidance to the European payments industry, more precisely to security officers, risk managers, system engineers and systems designers. Although its content does not assume...

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...

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...

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...

The EPC Scheme Management Board (SMB) – the body responsible for the administration and evolution of the EPC Single Euro Payments Area (SEPA) payment schemes will be renewed in 2019. In addition to the seats allocated to scheme participant representatives (maximum 20), three seats (including the Chairmanship...

As of 1 March 2019, the Principality of Andorra and the Vatican City State / the Holy See will be part of the geographical scope of the Single Euro Payments Area (SEPA) schemes. The inclusion of financial institutions from these two states is a natural extension of the SEPA project and demonstrates the...

To contribute to creating awareness on payment threats and fraud trends, and to help payment stakeholders decide on possible actions, the EPC publishes the 2018 Payment Threat and Fraud Trends Report. The report provides an overview of the most important threats that affect electronic payments such...

Updated 2017 EPC SEPA scheme rulebook versions for the SEPA Credit Transfer (SCT) scheme, the SEPA Instant Credit Transfer (SCT Inst) scheme, the SEPA Direct Debit Core (SDD Core) scheme and the SDD Business-to-Business (SDD B2B) scheme have been published on 22 November 2018 and are effective as of...

The EPC Single Euro Payments Area (SEPA) scheme rulebooks are updated every two years to reflect market needs and evolutions in the technical standards. We have just published the new versions of the four EPC SEPA scheme rulebooks as a result of the rulebook change management cycle that started in 2017....

The multi-stakeholder group on mobile contactless SEPA card payments (MSG MCP), facilitated by the EPC, has developed a white paper to create awareness on the use by mobile card payment solutions of non-NFC (Near Field Communication) proximity technologies (e.g. QR-codes, Bluetooth-Low-Energy (BLE)).  In...

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 third quarter of 2018, we gathered a list of recent reports that shine a spotlight on interesting topics such as artificial intelligence, digital payments,...

Explore more about the global market trends, payments industry, real-time payments and open banking challenges in a selection of recent and free reports that we have gathered during the second quarter of 2018. The views expressed in the below reports are solely those of the authors and should not...

Launched in June 2017, the EPC monthly digest called Rep(l)ay provides you with a selection of the latest articles, infographics and documents published on our website. To identify the areas of improvement, we have created a survey that should not take more than three to five minutes of your time. Your...

The EPC publishes the version 1.2 for the 2017 SEPA Credit Transfer (SCT) rulebook which is effective as from 28 June 2018. This rulebook version specifies in sections 5.7 and 5.8 that each SCT scheme participant is required to comply with the applicable provisions issued in relation to risk management....

As the EPC was curious to know what professionals working in the payments industry think when it comes to the future of retail checkout it ran over the last two months a poll on forecasting when no check-out at physical merchants’ would become a common practice in Europe. The question asked to all...

On the occasion of the start of the second phase of the Brexit negotiations, in particular the negotiations on a transition period and the scoping of the future relationship between the European Union (EU) and the United Kingdom (UK), the European Payments Council (EPC) publishes a position paper on...

In December 2017 the Mobile Proxy Forum (MPF) launched a Request for Proposal (RFP) to provide a Standardised Proxy Lookup (SPL) service. The aim of the SPL service is to allow the exchange of the data necessary to initiate person-to-person (P2P) mobile payments between proxy-based P2P mobile payment...