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The European Payments Council (EPC) announces that effective as of today, any technical solution provider (TSP) may undergo a SEPA Request to Pay (SRTP) homologation A duly homologated TSP will become a “Referenced Technical Solution Provider” (RTSP) and feature on a list published on the EPC websit

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 first quarter of 2023, we gathered a list of payment related reports that shine a spotlight on payments’ future and trends as well mobile payments and

Today the European Payments Council (EPC) publishes the first One-Leg Out Instant Credit Transfer (OCT Inst) scheme rulebook. Version 1.0 of the 2023 OCT Inst scheme rulebook focuses exclusively on the Euro Leg of international instant credit transfer-based payment transactions. About the scheme

Today the European Payments Council (EPC) is launching a public request for information (RFI) for an Operational Scheme Manager (OSM). Background In the context of the SEPA Payment Account Access (SPAA) and the SEPA Request to Pay (SRTP) schemes, the use of application programming interfaces (

The European Payments Council (EPC) publishes today the Application Programming Interface (API) security framework that lists the minimum security-related requirements applicable to the SEPA Request-to-Pay (SRTP) and SEPA Payment Account Access (SPAA) scheme participants using APIs, whether they rel

The European Payments Council (EPC) published today a new version of the document called “Guidelines on cryptographic algorithms usage and key management”. Its purpose is to provide guidance to the European payment industry in the field of cryptographic algorithms and related key management issues.

Today the European Payments Council (EPC) published version 3.0 of the Single Euro Payments Area (SEPA) Request-to-Pay (SRTP) Implementation Guidelines (IGs). These IGs set out the rules for implementing the relevant ISO 20022 XML message standards based on version 3.0 of the SRTP scheme rulebook

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Getting lost in the flow of new reports? During the last quarter of 2022, the EPC compiled a list of payment related reports that you can check out and download for fr

During the past two months, the European Payments Council (EPC) invited professionals working in the payments industry to answer the following question: “In your opinion, what are the most effective step(s) to make payments more sustainable”: The results were as follows:  The results show

Today the European Payments Council (EPC) is launching a public consultation on the draft document “Interoperability of mobile initiated SEPA (instant) credit transfers (MSCTs) based on Near Field Communication (NFC) or Bluetooth Low Energy (BLE)”. The consultation will run for ten weeks before a fi

In the newly published infographic, the EPC reports on how it fulfilled its main objectives in 2022. It has been a busy and rewarding year with several memorable achievements, including: 2313 payment service providers have already joined the SEPA Instant Credit (SCT Inst) scheme: 61% of Europe

Today the European Payments Council (EPC) publishes the overview document which includes the public consultation comments on the draft SPAA scheme rulebook as well as the related responses from the Single Euro Payments Area (SEPA) Payment Account Access Multi-Stakeholder Group (SPAA MSG). This pu

Today the European Payments Council (EPC) is launching a public consultation on the extension of sections in version 1.0 of the SEPA Payment Account Access (SPAA) scheme rulebook about the usage of Strong Customer Authentication (SCA). The consultation will run for a 90-calendar day period from 16 D

The European Payments Council (EPC) publishes today the SEPA Request-To-Pay (SRTP) related Application Programming Interface (API) security framework which lists the minimum security-related requirements applicable to the SRTP scheme participants using APIs, and whether they rely on the default EPC

The EPC Payment Scheme Management Board (PSMB) – the body responsible for the administration and evolution of the EPC Single Euro Payments Area (SEPA) payment schemes will be renewed in 2023. In addition to the seats allocated to scheme participant representatives (maximum 22), three seats (includin

The SEPA Proxy Lookup Scheme Participants Group (SPL SPG) - the body responsible for the scheme management of the SPL service - will be renewed in 2023. The EPC invites all interested eligible candidates to apply by 31 January 2023. Who can participate? The call is open to all European Payment

Today the European Payments Council (EPC) publishes the yearly update of the “Payment Threat and Fraud Trends Report”. This report contributes to creating awareness on payment threats and fraud trends, and to help payment stakeholders decide on possible actions to prevent fraud. It provides an ov

The European Payments Council (EPC) is launching today a call for change requests for possible modifications to be introduced into the SEPA Request-to-Pay (SRTP) scheme rulebook v3.0. The call starts on 1 December 2022 and will run until 29 December 2023. How to participate? Stakeholders are k

Today the European Payments Council (EPC) publishes the first (v1.0) SEPA Payment Account Access (SPAA) scheme rulebook. It consists of a set of rules, practices and standards that will allow the exchange of payment accounts related data and facilitates the initiation of payment transactions in the

The European Payments Council’s (EPC) Dispute Resolution Committee (DRC) is the body responsible for the compliance function of scheme management. Three seats in the DRC (including the Chairmanship of the DRC) are available for “independent members”. The EPC invites all interested candidates to a