14 September 18
Importance of teamwork: Spanish banks lead real-time payments implementation
* The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Spanish payment service company Iberpay was one of the first providers of clearing and settlement services for the Single Euro Payments Area (SEPA) Instant Credit...
30 August 18
Country Profile: payment habits in Portugal
* The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Strategically positioned between Europe, Africa and America, Portugal has an attractive and modern financial system. The Portuguese carry the least cash of all European...
12 July 18
Supporting PSPs in their SCT Inst services: the case of SWIFT
SWIFT (Society for Worldwide Interbank Financial Telecommunication) is starting tests of their messaging services that transport SEPA Instant Credit Transfers (SCT Inst) to all Clearing and Settlement Mechanisms (CSMs) that choose to offer SWIFT connectivity. In this interview, Carlo Palmers discussed...
10 July 18
Around the web – A compilation of some interesting reports about payments
Explore more about the global market trends, payments industry, real-time payments and open banking challenges in a selection of recent and free reports that we have gathered during the second quarter of 2018. The views expressed in the below reports are solely those of the authors and should not...
02 July 18
Survey on Rep(l)ay readership
Launched in June 2017, the EPC monthly digest called Rep(l)ay provides you with a selection of the latest articles, infographics and documents published on our website. To identify the areas of improvement, we have created a survey that should not take more than three to five minutes of your time. Your...
28 June 18
Publication of updated version of the 2017 SEPA Credit Transfer rulebook
The EPC publishes the version 1.2 for the 2017 SEPA Credit Transfer (SCT) rulebook which is effective as from 28 June 2018. This rulebook version specifies in sections 5.7 and 5.8 that each SCT scheme participant is required to comply with the applicable provisions issued in relation to risk management....
22 June 18
Improving the efficiency of the handling of cash: ‘Recirculation Paper’
Both the usage of cash and the ways in which it circulates still differ between eurozone countries. All participants in the cash value chain can play a role in optimising the cash circle and reducing manual handling. The European Payments Council (EPC) has issued a paper to help increase cash efficiency...
07 June 18
Results of the EPC Poll: “when no check-out at physical merchants’ will become a common practice”
As the EPC was curious to know what professionals working in the payments industry think when it comes to the future of retail checkout it ran over the last two months a poll on forecasting when no check-out at physical merchants’ would become a common practice in Europe. The question asked to all...
06 June 18
SEPA Instant Credit Transfer adoption: an overview of ABN AMRO
ABN AMRO, one of the largest banks in the Netherlands, was an early adopter of the SEPA Instant Credit Transfer (SCT Inst) scheme. We interviewed Sandra Peute, Business Developer for SEPA Payments at ABN AMRO, about the scheme’s rollout, its challenges, and the future of instant payments. Q....
30 May 18
European Payments Council publishes position paper on Brexit and UK PSPs’ participation in SEPA schemes
On the occasion of the start of the second phase of the Brexit negotiations, in particular the negotiations on a transition period and the scoping of the future relationship between the European Union (EU) and the United Kingdom (UK), the European Payments Council (EPC) publishes a position paper on...