EPC Press release - The launch of the EPC’s SEPA Instant Credit Transfer scheme marks a further step in European payments integration
07 June 16
On 8 June and 9 December 2015, respectively, Regulation from the European Parliament and the Council of 29 April 2015, entitled the Interchange Fee Regulation (IFR or Regulation (EU) 2015/751), partially came into effect, ensuring a cap on interchange rates for consumer cards across the EU. On 9 June...
EPC Press release - The European Payments Council and the Cards Stakeholders Group launch the public consultation of the SEPA Cards Standardisation Volume, facilitating compliance with the Interchange Fee Regulation
20 November 15
The EPC Publishes its Proposal for the Design of an Instant Credit Transfer Scheme: a Major Step in the Development of Pan-European Instant Payments in Euro
Instant, faster, immediate, real-time payments… These buzzy names all refer to transactions processed in a few seconds, and which are the centre of attention of the payment community around the world, from traditional banks to innovative fintech startups. Being able to execute instant credit transfers...