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News

01 April 18

The EPC updates members’ list 

The EPC is glad to count among its members two additional organisations: • eQuire Limited (based in the United Kingdom); • National Westminster Bank plc (based in the United Kingdom), replacing the Royal Bank of Scotland; With these two members, the EPC now represents 76 payment service providers...

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News

24 October 13

91 banks approved as adherents to the SEPA Credit Transfer Scheme

The first meeting of the Scheme Management Committee took place on 24 September when the first 91 banks to successfully adhere to the SEPA Credit Transfer Scheme were approved.  From the end of October this list will be available via a new home-page button 'Register of SCT Participants'.              ...

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Insight

29 August 14

SEPA Facts and Figures (January 2014): “If the Current Pace of Migration Continues, the Vast Majority of Stakeholders Will Complete Their Migration by 1 February 2014,” Says European Central Bank

Number of payment service providers in the Single Euro Payments Area (SEPA) offering SEPA Credit Transfer services The European Payments Council (EPC) launched the SEPA Credit Transfer (SCT) Scheme in January 2008. As of January 2014, 4,580 payment service providers (PSPs) offer SCT services. The...

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Insight

06 November 14

Learn More About Work Items Related to SEPA Credit Transfer and SEPA Direct Debit Addressed by the New Euro Retail Payments Board (ERPB) Chaired by the European Central Bank

Recap: who does what with regard to SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD)? With the introduction of the euro currency in 1999, the European Union (EU) governments and EU institutions driving the SEPA process expected the banking industry to contribute the resources required to develop...

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Insight

28 August 14

Learn More About Work Items Related to SEPA Credit Transfer and SEPA Direct Debit to be Addressed by the New Euro Retail Payments Board (ERPB) Chaired by the European Central Bank

The European Payments Council (EPC) has frequently pointed out that Single Euro Payments Area (SEPA) compliance requirements that must be met by payment service users and providers are determined by the European Union (EU) institutions. These are the European Commission, the European Parliament, the...

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Insight

28 January 19

API Evaluation Group: achievements, challenges and looking ahead

* The views expressed in this article are solely those of the authors and should not be attributed to the European Payments Council. Created in January 2018, the Application Programming Interface Evaluation Group (API EG) was composed of representatives from various account-servicing payment service...

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