SEPA Credit Transfer (SCT) is among the favourite payment methods of citizens and businesses in Europe, and a convenient alternative to cash and cheques.
The payment schemes developed by the EPC are used by thousands of payment service providers (PSPs) in Europe to facilitate some 50 billion transactions each year.
The introduction of the euro as the common currency for millions of Europeans was a great advance in European integration, but it was just the first step towards European payments harmonisation.
The EPC publishes information on technical specifications related to non-euro currencies banknotes to help interested parties ascertain whether these are still in circulation and can be accepted in payment.
Seventy-seven organisations representing payment service providers (PSPs) throughout SEPA (PSPs and national or European associations of PSPs) are currently members of the EPC. One organisation has the status of ‘associate member’.
We make extensive information about the SEPA payment schemes and our other activities publicly available on our website. If you cannot find the answer to your question, do not hesitate to contact us by filling in the form below. We will be glad to help.