44 results

What is a payment scheme?

The payment schemes developed by the EPC are used by thousands of payment service providers (PSPs) in Europe to facilitate some 50 billion transactions each year.

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SEPA goals and benefits

The Single Euro Payments Area (SEPA) is a European Union (EU) payments integration initiative aimed at harmonising electronic euro payments in Europe.

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News

12 March 20

The EPC launches the public consultation on the 2020 change requests for the SEPA Credit Transfer and SEPA Direct Debit Scheme Rulebooks

As part of the EPC’s regular change management cycle the Single Euro Payments Area (SEPA) Credit Transfer (SCT), the SEPA Instant Credit Transfer (SCT Inst), the SEPA Direct Debit Core (SDD Core) and the SDD Business-to-Business (SDD B2B) schemes, and in line with its commitment to stakeholders’ inv

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News

26 November 20

Publication of the 2021 EPC SEPA payment scheme rulebooks

Today the EPC published the 2021 EPC SEPA payment scheme rulebooks and the related Implementation guidelines (IGs). All 2021 EPC SEPA payment scheme rulebooks enter into force on 21 November 2021. To ensure planning security for all market participants, the publication of the new rulebook versions f

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News

30 October 20

The updated version 1.2 of the 2019 EPC SEPA payment scheme rulebooks

The European Payments Council (EPC) publishes today the updated version 1.2 of the 2019 SEPA payment rulebooks. The version 1.2 has no impact on the business and operational rules compared to the versions 1.0 and 1.1 of the 2019 rulebooks, or on any specification in the related implementation guidel

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Insight

14 April 20

AFR – the Hungarian Retail Instant Payment System

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. In order to improve the efficiency of domestic payments, Hungarian banks launched a local currency Instant Payment System (AFR) based on the SEPA Instant Credit Transf

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