SEPA Instant Credit Transfer
SEPA Instant Credit Transfer (SCT Inst) heralds a new era in payments. Payments are no exception to an increasingly digital and immediate society.
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538 results
Insight
28 July 23
Payments in wartime: the story of the National Bank of Ukraine
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Russia invaded Ukraine on 24 February 2022. Ever since, martial law has made ensuring the country’s economic and financial stability a challenge for the National Bank
SEPA Credit Transfer
A credit transfer is an electronic payment from one payment account to another. The SEPA Credit Transfer (SCT) scheme makes the transfer of money in Europe easy and convenient.
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SEPA Credit Transfer public consultation
The EPC attaches utmost importance to involve all stakeholders of the payment value chain in the evolution of the SEPA Credit Transfer (SCT) scheme.
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SEPA Instant Credit Transfer options
The SEPA Instant Credit Transfer (SCT Inst) rulebook provides SCT Inst scheme participants with some specific SCT Inst scheme options.
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SEPA Credit Transfer rulebook and implementation guidelines
SEPA Credit Transfer (SCT) is among the favourite payment methods of citizens and businesses in Europe, and a convenient alternative to cash and cheques.
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News
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
SEPA Credit Transfer Additional Optional Services
The SEPA Credit Transfer (SCT) scheme provides the sets of rules that enable a harmonised implementation by all participating payment service providers (PSPs) in Europe.
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SEPA Instant Credit Transfer rulebook and implementation guidelines
The SEPA Instant Credit Transfer (SCT Inst) scheme will make European payments faster and ever more convenient.
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Insight
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
Insight
21 December 22
SEPA Payment Account Access scheme: going beyond open banking
The views expressed in this article are solely those of the authors and should not be attributed to the European Payments Council. Single Euro Payments Area (SEPA) Payment Account Access (SPAA) is the newest European Payments Council (EPC) scheme. SPAA covers messaging functionalities allowing th
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
12 March 2024|
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v1.0
SEPA Credit Transfer Rulebook - Public Consultation Document on 2024 Change Requests and Response Template
Clearing and Settlement Mechanisms
Clearing and Settlement Mechanisms (CSMs) are the processes underlying all payment transactions exchanged between two payment service providers (PSPs).
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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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Insight
18 March 20
Implementation of PSD2: a viewpoint from the EBA, the European Banking Authority
Disclaimer: The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. We close our series of interviews representing the views of various stakeholders on the implementation of the revised Payment Services Directive (PSD2) wit
The schemes rely on global open standards
In order to efficiently and automatically exchange information and process payments in SEPA, financial institutions across the area have to speak the same technical language.
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18 January 2022|
Version
v0.1