In April 2011, the Newsletter launched the series reporting on the Single Euro Payments Area () migration experience of individual businesses, public administrations and government agencies, which have successfully implemented Credit Transfer () and Direct Debit (). At the start of 2012 we published the first Blog series summarising lessons learnt by these pioneers. Payment service users () handling major payment volumes now working towards achieving compliance with the European Union (EU) 'Regulation (EU) No 260/2012 establishing technical and business requirements for credit transfers and direct debits in euro' (the Regulation) are invited to take advantage of the advice shared by their peers. The Regulation effectively mandates migration to and in the euro area by 1 February 2014. This Blog (see 'related links' below) is the first of a two-part Blog series which delivers a 'best of best practice' identified by early movers on the demand side.
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