21 December 21
Brexit reminder: implications for all SEPA payment scheme participants
On 1 January 2021, the UK left the EU Single Market and Customs Union. In the run-up to that date, the European Payments Council (EPC) requested on several occasions all SEPA payment scheme participants to implement the measures described below, to ensure a continued smooth processing of cross-
13 April 21
Empowering European payments with SCT Inst
The instant payments space had been gaining significant traction in recent years, and access to immediate funds has become paramount for consumers and businesses in particular in the current pandemic. We launched the SEPA Instant Credit Transfer (SCT Inst) scheme almost three and a half years ago, a
15 December 21
SEPA Request-to-Pay (SRTP) Scheme - A new driver for innovation in European payments
The Single Euro Payments Area (SEPA) Request-to-Pay (SRTP) scheme managed by the European Payments Council (EPC) covers a set of operating rules and technical elements (including messages) that allow a Payee to request digitally the initiation of a payment from a Payer in a wide range of physical or
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 5
15 June 21
The SRTP rulebook now into force
Today, the first version of the Single Euro Payments Area (SEPA) Request-to-Pay (SRTP) scheme rulebook enters into force (see in “related document”). The SRTP scheme rulebook consists of a set of rules, practices and standards that makes it possible for any eligible SEPA RTP Service Provider to join
01 October 21
Call for candidates for the Scheme End-User Multi-Stakeholder Group (SEU MSG) and for the Scheme Technical Player Multi-Stakeholder Group (STP MSG)
The EPC Board recently resolved that the scope of the two existing SEPA payment scheme stakeholder groups - i.e., the Scheme End-User Forum (SEUF) and the EPC Scheme Technical Forum (ESTF) - will be extended from the four SEPA payment schemes to all SEPA schemes, including payment-related schemes su
28 April 21
Instant payments in Bulgaria
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Bulgarian payment services company BORICA AD launched BLINK, its local-currency (lev) instant payments project, at the beginning of this month. The project is comp
EPC scheme participation fees
26 May 21
Pushing the frontiers of payments: towards a global payments area
The views expressed in this article are solely those of the author and not necessarily those of the BIS or CPMI and they should not be attributed to the European Payments Council. The Committee on Payments and Market Infrastructures (CPMI), the global standard setter that aims to enhance th
27 October 21
Smarter access to cash in Belgium
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. We interviewed Kris De Ryck, CEO of Batopin to learn more about the Batopin initiative in Belgium and what were the key drivers for such a decision. Could you
SEPA Credit Transfer Scheme Inter-PSP Implementation Guidelines 2021 version 1.0
26 July 21
Digital payments in Cyprus
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Although electronic payments are gaining popularity in Cyprus, cash is still king. Nevertheless, there are clear signs that the Cypriot payments landscape is entering
SEPA Credit Transfer Rulebook - Public Consultation Document on 2022 Change Requests and Response Template
SEPA Direct Debit Core Rulebook - Public Consultation Document on 2022 Change Requests and Response Template
SEPA Instant Credit Transfer Rulebook - Public Consultation Document on 2022 Change Requests and Response Template
27 September 21
The changing Canadian payments landscape
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Over years and even decades, we’ve witnessed growing changes in the way Canadians pay. The payments ecosystem is rapidly evolving. Canada’s economic and financial welf
23 June 21
SWIFT – latest developments in cross border payments
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. SWIFT (Society for Worldwide Interbank Financial Telecommunication), one of the largest financial messaging systems in the world’s international payment network is con
SEPA Direct Debit Business-to-Business Rulebook - Public Consultation Document on 2022 Change Requests and Response Template
06 July 21
New version of the Clarification Paper on SEPA Credit Transfer and SEPA Instant Credit Transfer rulebooks
Today the EPC published the version 1.7 of the Clarification Paper on Single Euro Payments Area (SEPA) Credit Transfer (SCT) and SEPA Instant Credit Transfer (SCT Inst) rulebooks. The objective of this new document is to offer information and recommendations to the scheme participants. This ve
07 July 21
The Payments Landscape in the UK after Brexit
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The UK payments industry highly values the work of the European Payments Council (EPC) and its members ensured the UK retained its membership of the Single Euro Paymen
25 February 21
European payments: looking back and ahead
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The European payment landscape is going through a considerable transformation due to technological developments, entry by new actors and regulatory changes. We intervi
01 February 21
Call for input on the SEPA Proxy Lookup (SPL) scheme
The EPC launches a public call for input to gather suggestions on the opportunities, potential evolution and improvements related to the SEPA Proxy Lookup (SPL) scheme. The purpose of this call is to understand what are the market needs to ensure that any future development of the SPL scheme w