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News

21 December 15

Merry Christmas and Happy New Year from the EPC Team!

We wish you a very happy holiday season and all the best for the coming New Year! 2016 promises to be an exciting year in the payments industry, with the publication of the first SEPA instant credit transfer scheme rulebook, progress on Person-to-Person mobile payments, and the start of the...

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News

19 November 15

The 2015 EPC Scheme Rulebooks are Now Effective

The 2015 Single Euro Payments Area (SEPA) Direct Debit (SDD) and Credit Transfer (SCT) Rulebooks, which are the business rules of the EPC schemes, are now in effect. Rulebook versions 8.1 of SDD Core, 6.1 of SDD Business to Business (B2B), and 8.1 of SCT, were published in April 2015, in order...

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News

06 November 15

EPC Publishes Updated Recommendations on SEPA Customer Reporting

The European Payments Council (EPC) releases today an updated version of its recommendations on customer reporting of Single Euro Payments Area (SEPA) credit transfers and direct debits. The provided bank-to-customer (B2C) recommendations allow for the uniform mapping of EPC SEPA scheme rulebook...

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Insight

28 October 15

Competition Law Enforcement in the European Payments Industry

Over the last ten years, the payments industry has become a priority for competition enforcement agencies in the European Union (EU), not only at the level of the European Commission (the Commission), but also of the National Competition Authorities (NCAs), who have conducted numerous investigations....

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Insight

28 October 15

The Impact of the Interchange Fee Regulation: a Card Scheme’s View

The Interchange Fee Regulation (IFR) is much more than a few articles capping interchange fees for debit and credit cards. The regulators have included a series of ‘business rules’ dealing with a variety of issues. The net effect of the IFR is a redistribution of revenues and costs which will have...

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Insight

28 October 15

Regulation on Card Fees for EU-Wide Payments: a Processor’s View

Impact of the Regulation on processing Processors provide solutions that are compliant with the supported brands’ scheme rules and that answer their customers’ needs. The Interchange Fee Regulation (IFR) has an impact on processing, as it will need to adapt and support the fee models and associated...

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Insight

28 October 15

EPC and Euro Retail Payments Board Driving Innovation in Payments

The Euro Retail Payments Board (ERPB) was designed to bring together the supply and demand sides of the industry and help foster “the development of an integrated, innovative and competitive market for retail payments in euro in the European Union.” Its work consists mainly of identifying strategic issues...

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News

26 October 15

The Latest Edition of the EPC Newsletter is Now Online!

The October 2015 edition of the European Payments Council (EPC) newsletter is now available. This free quarterly publication examines regulation and market trends shaping the future of payments in Europe and beyond. Instant payments is one of the topics much developed in this issue. Javier...

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News

19 October 15

EPC Blog: In January 2016, the EPC is Hosting a Workshop on Person-to-Person Mobile Payments. A Great Opportunity for Stakeholders to Contribute to Pan-European Interoperability

Update of 12-11-2015: the Person-to-Person mobile payments workshop was initially planned on 10 December 2015. Due to conflicting agendas, the EPC decided to reschedule the workshop to 21 January 2016. The Blog has been updated with the new date. The European Payments Council (EPC) is hosting,...

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