25 April 24
European payments: a look at the past, present, and future
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council.The European payments landscape is witnessing significant transformations driven by technological advancements, the emergence of new players, and regulatory shifts. We rec
23 April 24
Request for proposal: EPC seeks Operational Scheme Manager for the EPC Directory Service
The European Payments Council (EPC) is launching today a request for proposal (RFP) for selecting a technology service provider to play the role of Operational Scheme Manager (OSM) in charge of developing and operating an EPC Directory Service (EDS). This RFP follows up on the Request For Informatio
19 April 24
Around the web – a compilation of some interesting reports about payments published last quarter
The views expressed in the below reports are solely those of the authors and should not be attributed to the European Payments Council.During the first quarter of 2024, we compiled a collection of payment-related reports. This selection not only delves into the future and evolution of payments but a
26 March 24
Creating a sustainable pan-European payment method through SPAA
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council.The building blocks of an open, pan-European payment method are in place: SEPA Instant Credit Transfers (SCT Inst) and open banking to turn them into a payment method. The
26 March 24
Call for Interest: development of SEPA Payment Account Access compliant API specifications
Today, the European Payments Council (EPC) launched a public ‘call for interest’ to identify European Application Programming Interface (API) standardisation initiatives that already developed or intend to develop API specifications compliant with the SEPA Payment Account Access (SPAA) scheme rulebo
13 March 24
Yearly update of the “Guidelines on cryptographic algorithms usage and key management”
The European Payments Council (EPC) published today a new version of the document called “Guidelines on cryptographic algorithms usage and key management”. Its purpose is to offer guidance to the European payment industry concerning cryptographic algorithms and related key management issues.This new
SEPA Direct Debit Core Rulebook - Public Consultation Document on 2024 Change Requests and Response Template
SEPA Credit Transfer Rulebook - Public Consultation Document on 2024 Change Requests and Response Template
12 March 24
Public consultation on change requests for the EPC payment scheme rulebooks
Today, the European Payments Council (EPC) initiated a public consultation on change requests for all five EPC payment scheme rulebooks. This consultation runs from 12 March to 9 June 2024.This public consultation is part of the change management process of the EPC payment schemes regularly organise
12 March 24
Public consultation on the SEPA Request-to-Pay scheme Rulebook change requests
Today the European Payments Council (EPC) launched a public consultation on the Single Euro Payments Area (SEPA) Request-to-Pay (SRTP) scheme rulebook change requests. The consultation will run for a period from 12 March up to and including 9 June 2024.More information about the public consultation
Public consultation on the SEPA Request-to-Pay scheme Rulebook change requests
20 February 24
Update on the forthcoming Request for Proposal for the EPC Directory Service
The European Payments Council (EPC) will be launching a request for proposal (RFP) for selecting a technology service provider in charge of developing and operating an EPC Directory Service (EDS). The EDS service provider was formerly known as Operating Scheme Manager (OSM) and the forthcoming RFP f
20 February 24
Public consultation on the Verification Of Payee Scheme Rulebook
Today the European Payments Council (EPC) launches a public consultation on the Verification Of Payee (VOP) scheme rulebook. The consultation will run for a 90-calendar day period from 20 February up to and including 19 May 2024. All interested stakeholders are invited to participate in the publi
19 February 24
Introducing a new EPC member: PostePay
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. At the start of 2024 we were delighted to welcome a new member: PostePay. We spoke to PostePay’s General Manager, Laura Furlan, about payment trends, PostePay’s role w
30 January 24
The euro cash cycle: how does it work and what is its environmental impact?
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council nor the associations or its members he represents. Cash is the most frequently used form of payment by Europeans at the point of sale. For this reason, an adequate cash
16 January 24
Around the web - a compilation of interesting reports about payments
Staying up to date with the latest news and trends in payments? Kick off the new year well-informed with the latest insights from the industry. See here for our list of free, recently published payment-related reports from a variety of sources, all in one place for your convenience. Follow the
12 January 24
TrueLayer first participant to the SEPA Payment Account Access (SPAA) scheme
We are happy to announce TrueLayer as the first participant to the SEPA Payment Account Access (SPAA) scheme! This marks a first important milestone for the scheme, which is open for scheme adherence since December 2023. The SPAA scheme covers the set of rules, practices and standards th
02 January 24
PostePay joins the EPC
The European Payments Council (EPC) is delighted to count among its members a new organisation: • PostePay, part of the Poste Italiane Group (based in Italy) As of 1 January 2024, the EPC represents 79 payment service providers and their associations.