Document library

9 results
Insight

21 October 14

Don't Count on 1 August 2014: Different SEPA Migration Deadlines Apply Across the Euro Area During the “Additional Transition Period” Agreed by the European Commission, the European Parliament and EU Governments

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 April 2014, 4,614 payment service providers (PSPs) offer SCT services. The...

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Insight

12 June 14

PSD2: EPC Calls on EU Lawmakers to Maintain the Firewall Protecting Consumers Making Internet Payments. This Means: No Sharing of Any Personalised Security Credentials with Third Parties

On 24 July 2013 the European Commission (the Commission) published its proposal for a revised Payment Services Directive (PSD2). This draft legislative act remains subject to review and adoption, respectively, by the European Union (EU) co-legislators. These are the European Parliament and the Council...

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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

16 May 14

EPC Launches Three-Month Public Consultation on the Evolution of the SEPA Credit Transfer and SEPA Direct Debit Schemes. All Stakeholders are Invited to Provide Feedback by 15 August 2014

On 19 May 2014 the EPC launched a three-month public consultation on possible modifications to the SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD) Rulebooks. The EPC encourages all Single Euro Payments Area (SEPA) stakeholders to provide feedback by 15 August 2014. The next generation rulebooks,...

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