Publications Inner Nav
18 September 23
What do the PSD3 and PSR mean for the payments sector?
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council or the European Commission. On June 28, 2023, the European Commission (EC) published a set of new legislative proposals, notably for a Third Payment Services Directive
28 July 23
Payments in wartime: the story of the National Bank of Ukraine
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Russia invaded Ukraine on 24 February 2022. Ever since, martial law has made ensuring the country’s economic and financial stability a challenge for the National Bank
18 July 23
The Croatian payment landscape
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Croatia became the 20th EU Member State to join the euro on 1 January this year. Since the end of June, the SEPA Instant Credit Transfer (SCT Inst) scheme has been in
03 July 23
The EPC updates its members’ list
The European Payments Council (EPC) is glad to count among its members one additional organisation: • Insignia Cards Limited (Based in Malta) The EPC now represents 78 payment service providers and their associations.
30 June 23
Publication of the OCT Inst Implementation Guidelines and version 1.1 of the 2023 OCT Inst Rulebook
Today the European Payments Council (EPC) published the Customer-to-Payment Service Provider (PSP) (C2PSP) and the Inter-PSP implementation guidelines (IGs) based on version 1.1 of the 2023 One-Leg Out Instant Credit Transfer (OCT Inst) rulebook. Version 1.1 of the 2023 OCT Inst rulebook has also be
27 June 23
Publication of the “Interoperability of MSCTs based on NFC or BLE” document
Today the European Payments Council (EPC) is publishing the “Interoperability of mobile initiated SEPA (instant) credit transfers (MSCTs) based on Near Field Communication (NFC) or Bluetooth Low Energy (BLE)” document that has been prepared by the multi-stakeholder group on Mobile Initiated (instant
26 June 23
Publication of the updated SPAA scheme rulebook
Today the European Payments Council (EPC) publishes the updated version (1.1) of the SEPA Payment Account Access (SPAA) scheme rulebook, which replaces with immediate effect version 1.0 (published in November 2022). Version 1.1 of the rulebook will come into effect on 30 November 2023. The main c
22 June 23
The role of payments in driving positive climate action
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. We continue our series of interviews focusing on sustainability in the payments industry with the contribution of Valerie Nowak, the Chief Product and Innovation Offic
31 May 23
Latest publications related to the SRTP scheme
Today the European Payments Council (EPC) has published the new versions of the SEPA Request-to-Pay (SRTP) scheme rulebook as well as the rulebook related clarification paper. The SEPA Request-to-Pay scheme rulebook version v3.1 Version 3.1 of the SRTP scheme rulebook, includes some clarificat
31 May 23
A pathway to improve the security of card payment systems
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Smart Payment Association (SPA) is the trade body of the cards and mobile payments industry and addresses the challenges of a fast-evolving payment ecosystem, prom
25 May 23
One-Leg Out Instant Credit Transfer scheme – enabling faster payments between SEPA and the rest of the globe
On 28 March 2023, the European Payment Council (EPC) published the first version of its One-Leg Out (OLO) Instant Credit Transfer (OCT Inst) scheme rulebook. This new scheme allows payment service providers (PSPs) to handle the Euro Leg of an international cross-border and/or cross currency (instant
28 April 23
The SRTP scheme - Steady and ready to take off in 2023
On 30 November 2020, the European Payment Council (EPC) published the first version of its Single Euro Payments Area (SEPA) Request-To-Pay scheme (SRTP) rulebook. Today the scheme is set to take off and already counts some registered participants, as well as new ones that are going to launch soon. W
21 April 23
SEPA Request-to-Pay scheme: homologation procedure and new types of homologation
The European Payments Council (EPC) announces that effective as of today, any technical solution provider (TSP) may undergo a SEPA Request to Pay (SRTP) homologation A duly homologated TSP will become a “Referenced Technical Solution Provider” (RTSP) and feature on a list published on the EPC websit
20 April 23
New EPC Director General Giorgio Andreoli outlines his vision and the challenges ahead
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Giorgio Andreoli took up the post of Director General of the European Payments Council (EPC) on 1 April 2023. We interviewed him to shed light on his first impressions
18 April 23
Around the web – a compilation of some interesting reports about payments published last quarter
The views expressed in the below reports are solely those of the authors and should not be attributed to the European Payments Council. During the first quarter of 2023, we gathered a list of payment related reports that shine a spotlight on payments’ future and trends as well mobile payments and
30 March 23
State of play, challenges, perspectives for European payments - Interview with Etienne Goosse
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The European payment landscape is going through a considerable transformation due to technological developments, entry by new actors and regulatory changes. We intervi
28 March 23
Publication of the first OCT Inst scheme rulebook
Today the European Payments Council (EPC) publishes the first One-Leg Out Instant Credit Transfer (OCT Inst) scheme rulebook. Version 1.0 of the 2023 OCT Inst scheme rulebook focuses exclusively on the Euro Leg of international instant credit transfer-based payment transactions. About the scheme
24 March 23
Public Request for Information for the role of Operational Scheme Manager
Today the European Payments Council (EPC) is launching a public request for information (RFI) for an Operational Scheme Manager (OSM). Background In the context of the SEPA Payment Account Access (SPAA) and the SEPA Request to Pay (SRTP) schemes, the use of application programming interfaces (
22 March 23
Integrating a more sustainable mindset to payments
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. We continue our series of interviews focusing on sustainability in the payments industry with the contribution of Stephen King, Vice President, Sustainability Solution