Publications Inner Nav
18 January 21
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. Getting lost in the flow of new reports? During the last quarter of 2020, the EPC compiled a list of payment related reports that you can check out and download...
06 January 21
2020 - a year to remember
In the newly published infographic, the EPC reports on how it fulfilled its main objectives in 2020. It has been a challenging but rewarding year with several memorable achievements, including: 2287 payment service providers have already joined the SEPA Instant Credit (SCT Inst) scheme: over 57%...
23 December 20
Overview of the 2020 public consultation comments on the draft SRTP Scheme Rulebook
During the summer of 2020, the European Payment Council (EPC) launched a three-month public consultation on the draft rulebook of its new Single Euro Payments Area (SEPA) Request-to-Pay (SRTP) scheme. The SRTP rulebook public consultation was a great success and generated by the deadline of 30 August...
22 December 20
Call for independent candidates for the Scheme Management Board (SMB)
The EPC Scheme Management Board (SMB) – the body responsible for the administration and evolution of the EPC Single Euro Payments Area (SEPA) payment schemes will be renewed in 2021. In addition to the seats allocated to scheme participant representatives (maximum 20), three seats (including the Chairmanship...
15 December 20
SRTP: the newest EPC scheme
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. On 30 November 2020, the European Payment Council (EPC) launched the first version of its Single Euro Payments Area (SEPA) Request-To-Pay (SRTP) scheme rulebook. The SRTP...
10 December 20
Understanding the cash cycle
The European Payment Council (EPC) published today a brief public information paper titled “Understanding the cash cycle for banknotes: a high-level description of the generic model and some observations” which was created by its Cash Efficiency Working Group (CEWG), aiming to provide a high-level description...
08 December 20
Technical interoperability of MSCTs based on payer-presented data
Following the publication of the “Mobile Initiated SEPA (Instant) Credit Transfer Interoperability Guidance” (MSCT IG) document in November 2019, the ad-hoc multi-stakeholder group on MSCTs (MSG MSCT) has conducted a more detailed analysis on the technical interoperability of MSCTs based on payer-presented...
07 December 20
2020 Payment Threats And Fraud Trends Report
The European Payments Council (EPC) is committed to contribute to safe, reliable, efficient, convenient, economically balanced and sustainable payments, which meet the needs of payment service users and support the goals of competitiveness and innovation in an integrated European economy. For this reason,...
30 November 20
The EPC publishes the first SRTP scheme rulebook
Following a three-month public consultation, and in close collaboration with stakeholders from the entire payment value chain, the EPC publishes today the first version of the Single Euro Payments Area (SEPA) Request-To-Pay (RTP) scheme rulebook. The SRTP scheme covers the set of operating rules and...
26 November 20
Publication of the 2021 EPC SEPA payment scheme rulebooks
Today the EPC published the 2021 EPC SEPA payment scheme rulebooks and the related Implementation guidelines (IGs). All 2021 EPC SEPA payment scheme rulebooks enter into force on 21 November 2021. To ensure planning security for all market participants, the publication of the new rulebook versions follows...
24 November 20
Results of the EPC poll on future share of SCT Inst volumes
November 2017 marked a major event in an increasingly instant world: the launch of the Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst), which enables credit transfers in ten seconds – or less – across the SEPA. Since its launch, the SCT Inst scheme has kept on growing, and the latest...
19 November 20
The Nordic Payments Council is creating the new Nordic payment schemes
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Nordic Payments Council (NPC) developed the first Nordic payment schemes, based on and close to the European Payments Council’s (EPC) Single Euro Payments Area (SEPA)...
04 November 20
Country profile: cashless Iceland
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Did you know that bank cards are ubiquitous in Iceland and that local banks are all involved in projects to increase public awareness on the importance of financial literacy?...
03 November 20
Brexit reminder: how to get ready for the end of the transition period
As of 1 January 2021 the United Kingdom (UK) is set to leave the single market and customs union, either with an European Union (EU) - UK deal, negotiated during the transition period, or without it (i.e. "no-deal" Brexit). The UK will at that point maintain participation in the Single Euro payments...
30 October 20
The updated version 1.2 of the 2019 EPC SEPA payment scheme rulebooks
The European Payments Council (EPC) publishes today the updated version 1.2 of the 2019 SEPA payment rulebooks. The version 1.2 has no impact on the business and operational rules compared to the versions 1.0 and 1.1 of the 2019 rulebooks, or on any specification in the related implementation guidelines. The...
22 October 20
The new Retail Payments Strategy for the EU
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Single Euro Payments Area (SEPA) initiative has been a key enabler for the integration of the retail payments market in the European Union (EU): the development of...
12 October 20
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. Explore more about the overall payment statistics, global market visions, artificial intelligence (AI) and more in a selection of recent and free reports that we...
07 October 20
ECB takes steps to ensure pan-European reach of instant payments
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The European Central Bank’s (ECB) Governing Council, in line with the European Commission’s (EC) objectives, has taken an important move towards the full reach of instant...
30 September 20
Call for an independent member for the Scheme Management Board
The EPC Scheme Management Board (SMB) – the body responsible for the administration and evolution of the EPC Single Euro Payments Area (SEPA) payment schemes – is inviting interested parties to apply for a vacancy for an 'independent member', effective from 18 November 2020 to 28 April 2021, with the...
23 September 20
Country profile: digital and instant payments are the norm in Estonia
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 European payment landscapes with a profile of Estonia. Estonia is a frontrunner for card payments, and its PSP community was among the first to...