140 results
Insight

06 December 17

The European Commission's final RTS: some issues remain unclear

The European Commission published the long awaited final Regulatory Technical Standards (RTS) on strong customer authentication (SCA) and common and secure open standards of communication, on 27 November 2017. These RTS, initially drafted by the European Banking Authority (EBA), are instrumental in the...

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Insight

03 October 17

The Danish payment landscape: When instant becomes the new normal

With more than a month to go before the SEPA Instant Credit Transfer (SCT Inst) scheme is live, we were eager to hear the lessons learnt by one of Europe’s frontrunners in instant payments, Denmark. We interviewed Kristian Ring from Finance Denmark, and he explained the reasons for card payments’ (including...

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Insight

21 September 17

Greece’s progress towards a ‘less cash’ society

While the average number of card transactions per capita and per year in the European Union (EU) is 90, it is only 50 in Greece, which places the country among the Member States most attached to cash. However, due to both government demands to reduce cash use in the country, and to the growing appetite...

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Insight

12 September 17

Update on UK Open Banking

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. In July the Open Banking Implementation Entity released specifications for the ‘Read/Write’ payment initiation and account information Application Programming Interfaces...

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Insight

03 August 17

Blockchain: Applications in payments

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. In recent years, blockchain technology has significantly gained popularity because it has the potential to process financial transactions in ‘real time’ without compromising...

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Insight

04 July 17

Creating an integrated European market for Payment Initiation Services

The revised Payment Services Directive (PSD2) was adopted with payment innovation and safety to the fore. One of its purposes is to regulate at the European Union (EU) level practices and players currently unregulated in the EU. Among other things, PSD2 regulates the role of Payment Initiation Services...

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Insight

22 June 17

The Spanish payment landscape: innovation gains on tradition

Even if cash is still king in Spain, representing an estimated 80 percent of the total number of retail transactions, innovative methods of payment are advancing in the country. Spain is a frontrunner for instant and Person-to-Person (P2P) mobile payments. Another electronic instrument, SEPA Direct Debit...

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Insight

01 June 17

How Australia is revamping its payments system

While the European payments industry is getting ready for the launch of the EPC’s SEPA Instant Credit Transfer in November, and is also working on the pan-European interoperability of Person-to-Person mobile payments, Australia is currently developing similar projects. The New Payments Platform (NPP)...

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Insight

04 May 17

The Swiss move to ISO 20022

The SEPA payment schemes are based on ISO 20022, a global open standard developed by the International Organization for Standardization (ISO). The migration to SEPA was possible thanks to the widespread adoption by European payment service providers (PSPs) of this standard, which has become the true...

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List of EPC members

Seventy-five organisations representing payment service providers (PSPs) throughout SEPA (PSPs and national or European associations of PSPs) are currently members of the EPC. Two further organisations have the status of ‘associate member’.

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Contact

We make extensive information about the SEPA payment schemes and our other activities publicly available on our website. If you cannot find the answer to your question, do not hesitate to contact us by filling in the form below. We will be glad to help.

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