21 November 24
Today the European Payments Council (EPC) Board has approved the inclusion of Montenegro and Albania in the geographical scope of the Single Euro Payments Area (SEPA) payment schemes. The geographical scope of the SEPA payment schemes now covers 38 countries.As a result, all existing EPC paymen
31 October 24
The European Payments Council (EPC) has officially released the updated Application Programming Interface (API) security framework aimed at bolstering the security-related requirements for participants in the Verification Of Payee (VOP), SEPA Request-to-Pay (SRTP), and SEPA Payment Account Access (S
31 October 24
Today the European Payments Council (EPC) has published the Verification Of Payee (VOP) Application Programming Interface (API) Specifications, which set out the rules for implementing VOP-related APIs in accordance with version 1.0 of the VOP scheme rulebook. These specifications will take effect o
10 October 24
Following a public consultation, the European Payments Council (EPC) has officially issued the first version of the Verification of Payee (VOP) scheme rulebook. This rulebook is designed to support payment service providers (PSPs) across the Single Euro Payments Area (SEPA) in meeting the new regula
02 October 24
The European Payments Council (EPC) multi-stakeholder group on mobile-initiated SEPA (instant) credit transfers (MSCTs) has published the third release of its "Mobile Initiated SEPA (Instant) Credit Transfer and Technical Interoperability Guidance" This updated version follows a public consult
30 September 24
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 third quarter of 2024, we gathered a series of reports focused on the payments industry. This collection not only explores the future and evolution of payment
20 August 24
Regulation (EU) 2024/886, commonly referred to as the Instant Payments Regulation (IPR), entered into force in April 2024, bringing significant changes to the SEPA Regulation. This new regulation introduces new mandatory requirements for instant credit transfers in Euro, impacting Payment Service Pr
09 July 24
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 second quarter of 2024, we compiled a series of payment-related reports. This collection not only explores the future and evolution of payments but also delve
12 June 24
The European Payments Council (EPC) is pleased to announce that Adyen and Banking Circle will join as new members starting from 1 July. This collaboration marks a pivotal moment in fostering innovation, cooperation, and inclusivity within the realm of digital payments across Europe.Giorgio Andreoli,
27 May 24
The European Payments Council (EPC) multi-stakeholder group on mobile-initiated SEPA (instant) credit transfers (MSCTs) has prepared the draft for the third release of the "Mobile Initiated SEPA (Instant) Credit Transfer Interoperability Guidance".Following the previous release in February 2022, thi
