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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News

27 November 19

E-invoice Presentment and Payment: 2019 report

The Multi-stakeholder Group on E-invoice Presentment and Payment (EIPP), the group responsible for coordinating the work on standardisation of ISO 20022 messages for EIPP, completed its task for 2019.  Today the EPC publishes the MSG’s report which sets out the work done in 2019 and provides...

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News

26 November 19

Request-To-Pay: specifications for a standardisation framework

The Request-To-Pay (RTP) Multi-Stakeholder Group (MSG) has been set up last year aiming to analyse and prepare the concrete and rapid exploitation of the RTP functionality from a broader perspective. Today, the EPC published a guidance document called “RTP: Specifications for a standardisation framework”...

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News

18 November 19

The four 2019 EPC SEPA payment scheme rulebooks now into force

The 2019 Single Euro Payments Area (SEPA) Credit Transfer (SCT), SEPA Instant Credit Transfer (SCT Inst), SEPA Direct Debit (SDD) Core and SDD Business-to-Business (B2B) rulebooks version 1.0 entered into force on 17 November 2019 and are applicable until 21 November 2021. The EPC SEPA payment scheme...

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News

11 October 19

The first Register of Participants of the SCT ERI Option

As from 17 November 2019, the Extended Remittance Information (ERI) option can be used under the 2019 SEPA Credit Transfer (SCT) Rulebook. From today onwards, the EPC maintains a separate register of SCT scheme participants that support the ERI option. Already ten SCT participants will be able to provide...

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News

10 October 19

Intra-EU Mobility: a case for adhering to the SPL scheme

The Single Euro Payments Area Proxy Lookup (SPL) is the EPC’s latest scheme which covers the exchange of the data necessary to initiate payments between proxy-based mobile payment solutions on a pan-European level. It aims to facilitate interoperability between participating payment solutions. The...

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News

24 September 19

The new version of the Creditor Identifier Overview

The European Payments Council (EPC) published today the new version of the Creditor Identifier (CI) overview. The recently published document contains a few updates related to the national Creditor Identifier descriptions of Belgium, Denmark, Germany and the Netherlands.   The objective of this...

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News

28 August 19

Extension of public consultation on draft Mobile Initiated SEPA Credit Transfer Interoperability Implementation Guidelines (including SCT Inst) till 16 September 2019

Developed by the ad-hoc multi-stakeholder group (MSG) on Mobile Initiated SEPA Credit Transfers (MSCT), including SEPA Instant Credit transfers (SCT Inst) (MSG MSCT), the draft MSCT Interoperability Implementation Guidelines (IIGs) (including SCT Inst) were subject to a public consultation which is now...

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News

18 July 19

Results of the EPC poll on electronic identification (eID)

The financial sector has seen a rapid increase in adoption of electronic identification (eID), therefore, the EPC invited professionals working in the payments industry to share their views on the future of eID by participating in the poll. The question asked over the last two months to all interested...

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