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Insight

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

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What is a payment scheme?

The payment schemes developed by the EPC are used by thousands of payment service providers (PSPs) in Europe to facilitate some 50 billion transactions each year.

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Participating in the schemes

If payment service providers (PSPs) want to offer SEPA euro credit transfers and direct debits to their customers, they have to formally adhere to the EPC payment schemes.

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