News

01 July 20

SCT Inst transaction limit increased to 100,000 euros

As of today, the maximum amount per SEPA Instant Credit Transfer (SCT Inst) transaction went up from 15,000 to 100,000 euros. Payment end-users can use the SCT Inst scheme in higher-value business-to-business and business-to-consumer transactions. This new transaction limit means additional freedom...

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News

02 June 20

Public consultation on the SEPA Request-to-Pay Scheme Rulebook

The European Payments Council (EPC) launches today a 90-day public consultation on the draft rulebook it developed for its new SEPA Request-to-Pay (SRTP) scheme. The SRTP scheme, which is based on the RTP specifications document  produced by the RTP Multi-Stakeholder Group (MSG RTP), covers the...

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News

28 May 20

Technical interoperability of MSCTs based on payee-presented data

Following the publication of the “Mobile Initiated Single Euro Payments Area (SEPA) (Instant) Credit Transfer Interoperability Guidance” (MSCT IG) document, the ad-hoc multi-stakeholder group on MSCTs has conducted, through a newly established dedicated work-stream, a more detailed analysis on the technical...

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News

09 April 20

New version of the Clarification Paper on SCT and SCT Inst

Today the European Payments Council (EPC) published the version 1.5 of the clarification paper on Single Euro Payments Area (SEPA) Credit Transfer (SCT) and SEPA Instant Credit Transfer (SCT Inst) rulebooks. The paper applies to the current applicable 2019 SCT and SCT Inst rulebooks and provides guidance...

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News

01 April 20

The EPC updates its members’ list

The EPC now counts among its members one additional organisation: •    PERSPECTEEV SAS (based in France) The EPC now represents 76 payment service providers and their associations. Two further organisations have the status of ‘associate member’.

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News

12 March 20

The EPC launches the public consultation on the 2020 change requests for the SEPA Credit Transfer and SEPA Direct Debit Scheme Rulebooks

As part of the EPC’s regular change management cycle the Single Euro Payments Area (SEPA) Credit Transfer (SCT), the SEPA Instant Credit Transfer (SCT Inst), the SEPA Direct Debit Core (SDD Core) and the SDD Business-to-Business (SDD B2B) schemes, and in line with its commitment to stakeholders’ involvement,...

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News

05 March 20

Publication of the updated SEPA Proxy Lookup scheme rulebook

Today the EPC has published version 2.0 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 rulebook will come into effect on 1 June 2020. The updated SPL rulebook, resulting...

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News

06 January 20

EPC calls for independent candidates for its Dispute Resolution Committee

The European Payments Council’s Dispute Resolution Committee (DRC) – the body responsible for the compliance function of scheme management) will enter into office on 1 April 2020, when the revised EPC By-laws as well as the Dispute Resolution Committee Mandate become effective. As of that date, the DRC...

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News

19 December 19

2019 - a year to remember

In the newly published infographic, the EPC reports on how it fulfilled its main objectives in 2019. It was an important year with several memorable achievements, including: Extension of the geographical scope of the Single Euro Payments Area (SEPA) payment schemes as of March 2019 with the Principality...

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News

09 December 19

2019 Payment Threats and Fraud Trends Report

To contribute to the creation of awareness on payment threats and fraud trends, and to help payment stakeholders decide on possible actions, the EPC publishes the yearly Payment Threats and Fraud Trends Report. Since security is one of the cornerstones of customers’ trust in payment systems, the...

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