News

The European Payments Council (EPC) has released today the updated clarification papers aimed at enhancing the understanding and consistent implementation of the SEPA Credit Transfer (SCT), SEPA Instant Credit Transfer (SCT Inst), SEPA Direct Debit Core (SDD Core) and SEPA Direct Debit Business-to-B

The European Payments Council (EPC) has released today the EPC Directory Service (EDS) Application Programming Interfaces (API) specifications.This specification outlines the functionalities available through the EDS API, including the Automated Download Service for retrieving the full EDS content i

The Verification Of Payee (VOP) scheme developed by the European Payments Council (EPC) is based on Application Programming Interfaces (APIs). For enabling  cross-border  interoperability and reachability between participants of the VOP scheme - as well as between these participants and th

The European Payments Council (EPC) has released guidelines for the EPC Directory Service (EDS) Web Graphical User Interface (GUI), providing detailed instructions on its usage. The EDS is accessible by scheme participants and their technical providers (e.g. Routing and/or Verification Mechanisms (R

The European Payments Council (EPC) is pleased to announce the launch of its API Reference Toolbox (ART) test and self-certification platform for the Verification Of Payee (VOP) scheme, in collaboration with StreamMind. StreamMind will deliver and operate both the platform and support services. Stre

The European Payments Council (EPC) is launching a call for candidates for Routing and/or Verification Mechanisms (RVM) in the Verification Of Payee (VOP) scheme to participate in the pilot of the EPC VOP API Reference Toolbox (ART).The VOP scheme allows Payment Service Providers (PSPs) to meet the

The European Payments Council (EPC) announces today the launch of a formal qualification process for organisations intending to offer services as Routing and/or Verification Mechanisms (RVM) in the EPC Verification Of Payee (VOP) Scheme.The VOP scheme, developed by the EPC, will come into effect on

The European Payments Council (EPC) is pleased to announce that the Verification Of Payee (VOP) scheme adherence process is now open. All current and future SEPA Credit Transfer (SCT) and/or SEPA Instant Credit Transfer (SCT Inst) scheme participants  affected by the amended SEPA Regulation pro

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 offer guidance to the European payment industry concerning cryptographic algorithms and related key management issues.This new

Today the European Payments Council (EPC) Board has approved the inclusion of the Republic of North Macedonia and Moldova in the geographical scope of the Single Euro Payments Area (SEPA) payment schemes. The geographical scope of the SEPA payment schemes now covers 40 countries. All exist

The European Payments Council (EPC) published today the EPC Directory Service (EDS) Local File, downloadable in XML, JSON, or CSV format. The file contains key identification, adherence data, and Application Programming Interface (API) endpoint related information.Generated daily, the EDS Local File

The views expressed in the below reports are solely those of the authors and should not be attributed to the European Payments Council.In the last quarter of 2024, we gathered a series of reports focused on the payments industry. This collection not only explores the future and evolution of payments

The European Payments Council (EPC) is pleased to announce the start of the delivery project for the EPC Directory Service (EDS), after selecting Swift as supplier for the development and operations of the EDS and after signing an agreement at the end of 2024. Swift has been selected as EDS provider

The European Payments Council (EPC) is delighted to announce the addition of five new members as of 1 January: MONEI, Paynetics AD, Stripe, Visa Direct, and BNP Paribas Fortis. This partnership represents a significant step forward in promoting innovation, collaboration, and inclusivity within the E

The deadline for submitting responses has been extended to 20 January 2025, 18h CET.The European Payments Council (EPC) launches today a request for proposal (RFP) for the selection of a technology service provider in charge of providing, operating and supporting a test environment for the validatio

The European Payments Council (EPC) Payment Scheme Management Board (PSMB) – the body responsible for the administration and evolution of the EPC payment schemes will be renewed in 2025. In addition to the seats allocated to scheme participant representatives (maximum 22), three seats (including the

The SEPA Payment Account Access Multi-Stakeholder Group (SPAA MSG) is entering a new, more operational phase. To support this transition, the group’s Terms of Reference (ToR) have been updated and the SPAA MSG will be recomposed in line with these revisions. Today, the EPC issues a call for candidat

The European Payments Council (EPC) published today the yearly update of the “Payment Threats and Fraud Trends Report” which provides an overview of the most important threats and other “fraud enablers” in the payments landscape, with focus on recent attacks and outline of the broader attack vector

Today, the European Payments Council (EPC) has published version 4.0 of the SEPA Request-to-Pay (SRTP) scheme rulebook, which covers the set of operating rules and technical elements (including messages) that allow a Payee to request the initiation of a payment from a Payer in a wide range of physic

Today the European Payments Council (EPC) published the five 2025 EPC payment scheme rulebooks and the related Implementation Guidelines (IGs). These rulebooks enter into force on 5 October 2025.Exceptional entry-into-force date in OctoberThis exceptional October entry-into-force date – deviating fr