630 results
News

20 January 21

Call for nominations for five open seats in the MSG MSCT Plenary

To contribute to the take-up of mobile initiated (instant) credit transfers (MSCTs) in Europe, the EPC created in 2018 an ad-hoc multi-stakeholder group (MSG MSCT). The group has been focusing during the past years on the interoperability of MSCTs across Single Euro Payments Area (SEPA) and published...

Read more
News

06 January 21

2020 - a year to remember

In the newly published infographic, the EPC reports on how it fulfilled its main objectives in 2020. It has been a challenging but rewarding year with several memorable achievements, including: 2287 payment service providers have already joined the SEPA Instant Credit (SCT Inst) scheme: over 57%...

Read more
News

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 Chairmanship...

Read more
Insight

15 December 20

SRTP: the newest EPC scheme

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. On 30 November 2020, the European Payment Council (EPC) launched the first version of its Single Euro Payments Area (SEPA) Request-To-Pay (SRTP) scheme rulebook. The SRTP...

Read more
News

10 December 20

Understanding the cash cycle

The European Payment Council (EPC) published today a brief public information paper titled “Understanding the cash cycle for banknotes: a high-level description of the generic model and some observations” which was created by its Cash Efficiency Working Group (CEWG), aiming to provide a high-level description...

Read more
News

08 December 20

Technical interoperability of MSCTs based on payer-presented data

Following the publication of the “Mobile Initiated SEPA (Instant) Credit Transfer Interoperability Guidance” (MSCT IG) document in November 2019, the ad-hoc multi-stakeholder group on MSCTs (MSG MSCT) has conducted a more detailed analysis on the technical interoperability of MSCTs based on payer-presented...

Read more
News

07 December 20

2020 Payment Threats And Fraud Trends Report

The European Payments Council (EPC) is committed to contribute to safe, reliable, efficient, convenient, economically balanced and sustainable payments, which meet the needs of payment service users and support the goals of competitiveness and innovation in an integrated European economy. For this reason,...

Read more
News

30 November 20

The EPC publishes the first SRTP scheme rulebook

Following a three-month public consultation, and in close collaboration with stakeholders from the entire payment value chain, the EPC publishes today the first version of the Single Euro Payments Area (SEPA) Request-To-Pay (RTP) scheme rulebook. The SRTP scheme covers the set of operating rules and...

Read more
News

26 November 20

Publication of the 2021 EPC SEPA payment scheme rulebooks

Today the EPC published the 2021 EPC SEPA payment scheme rulebooks and the related Implementation guidelines (IGs). All 2021 EPC SEPA payment scheme rulebooks enter into force on 21 November 2021. To ensure planning security for all market participants, the publication of the new rulebook versions follows...

Read more
News

24 November 20

Results of the EPC poll on future share of SCT Inst volumes

November 2017 marked a major event in an increasingly instant world: the launch of the Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst), which enables credit transfers in ten seconds – or less – across the SEPA. Since its launch, the SCT Inst scheme has kept on growing, and the latest...

Read more
Insight

19 November 20

The Nordic Payments Council is creating the new Nordic payment schemes

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Nordic Payments Council (NPC) developed the first Nordic payment schemes, based on and close to the European Payments Council’s (EPC) Single Euro Payments Area (SEPA)...

Read more
Insight

04 November 20

Country profile: cashless Iceland

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Did you know that bank cards are ubiquitous in Iceland and that local banks are all involved in projects to increase public awareness on the importance of financial literacy?...

Read more