SEPA Instant Credit Transfer
30 November 21
The EPC publishes the second version of the SRTP scheme rulebook
The Single Euro Payments Area (SEPA) Request-to-Pay (SRTP) scheme rulebook consists of a set of rules, practices and standards that makes it possible for any eligible SEPA RTP Service Provider to join, participate and operate in the SRTP scheme. The SEPA Request-to-Pay (SRTP) scheme allows a Paye
27 September 23
Call for candidates for the Scheme End-User Multi-Stakeholder Group and for the Scheme Technical Player Multi-Stakeholder Group
In 2021, the European Payments Council’s (EPC) Board entrusted the Scheme End-User Multi-Stakeholder Group (SEU MSG) and the Scheme Technical Player Multi-Stakeholder Group (STP MSG) with the mission to maintain a formal and regular dialogue between the EPC and representatives of associations of end
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
01 October 21
Call for candidates for the Scheme End-User Multi-Stakeholder Group (SEU MSG) and for the Scheme Technical Player Multi-Stakeholder Group (STP MSG)
The EPC Board recently resolved that the scope of the two existing SEPA payment scheme stakeholder groups - i.e., the Scheme End-User Forum (SEUF) and the EPC Scheme Technical Forum (ESTF) - will be extended from the four SEPA payment schemes to all SEPA schemes, including payment-related schemes su
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 Cha
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
15 December 21
SEPA Request-to-Pay (SRTP) Scheme - A new driver for innovation in European payments
The Single Euro Payments Area (SEPA) Request-to-Pay (SRTP) scheme managed by the European Payments Council (EPC) covers a set of operating rules and technical elements (including messages) that allow a Payee to request digitally the initiation of a payment from a Payer in a wide range of physical or
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
06 September 21
The investigation phase of the digital euro project is about to start
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. After analysis, experiments and input from citizens and professionals, the Governing Council of the European Central Bank (ECB) has decided to launch the investigation
09 June 21
SRTP scheme - a major advance for European payments
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) Request-to-Pay (SRTP) scheme covers a wide range of use cases and business models, applicable in many sectors. The scheme can be c
SEPA Credit Transfer Rulebook - Public Consultation Document on 2024 Change Requests and Response Template
07 January 21
Programmable instant payments in DLT networks and distribution of digital money
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. In July 2020, five Spanish banks successfully completed a proof of concept (POC) for an interbank smart payments’ platform managed by Iberpay. To complete the POC, Ibe
10 February 22
One-Leg Out: enhancing international euro credit transfers between SEPA and the rest of the globe
On 18 January, we launched a 90-day public consultation on the [Instant] Euro One-Leg Out Credit Transfer ([Inst] Euro OCT) arrangement rulebook. It aims to facilitate the processing of international (instant) credit transfers in euros between SEPA and non-SEPA countries. We interviewed the drafter
Public consultation on the SEPA Request-to-Pay scheme Rulebook change requests
SEPA Direct Debit Core Rulebook - Public Consultation Document on 2024 Change Requests and Response Template
30 May 22
The European Payments Council's 20th anniversary: contributing to the future of payments in Europe
We continue our series of articles for the 20th anniversary of the European Payments Council (EPC). This time we interviewed Rita Camporeale, EPC Vice-Chair. We wanted to hear her thoughts on European payments and more particularly on how the EPC has changed over the years, what lessons have been le
29 March 22
The European Payments Council's 20th anniversary: the transformation of the European payments landscape
This year is very special for the European Payments Council (EPC), which celebrates its 20th anniversary. To mark this occasion, we have interviewed Javier Santamaria, who has been active within the EPC since its creation in 2002 and became Chair in June 2012. We wanted to hear his thoughts on Europ