151 results
Insight

25 October 13

SEPA Credit Transfer Rulebook Version 7.0, SEPA Direct Debit (SDD) Core Rulebook Version 7.0, SDD Business to Business Rulebook Version 5.0 and Associated Implementation Guidelines to Take Effect on 1 February 2014 Published

The EPC released updated versions of the SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD) Rulebooks and associated implementation guidelines (IGs) to take effect in February 2014 (see links below). The IGs related to the SCT Rulebook version 7.0, the SDD Core Rulebook version 7.0 and the SDD Business...

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News

24 October 13

EPC Blog: SEPA Credit Transfer Rulebook Version 7.0, SEPA Direct Debit (SDD) Core Rulebook Version 7.0, SDD Business to Business Rulebook Version 5.0 and Associated Implementation Guidelines to Take Effect on 1 February 2014 Published.

The European Payments Council (EPC) released updated versions of the SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD) Rulebooks and associated implementation guidelines (IGs) to take effect in February 2014. The IGs related to the SCT Rulebook version 7.0, the SDD Core Rulebook version 7.0 and...

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News

24 October 13

More SDD Scheme Mandate translations now available

The available SEPA Core DD Scheme Mandate translations (26) and SEPA B2B Scheme Mandate translations (22) are published on pages accessible from the 'Implementation and Testing' page.  More translations will be added as and when they become available.    

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News

24 October 13

SEPA Direct Debit Rulebooks Currently in Effect Aligned with Provisions of Regulation (EU) 260/2012 Concerning Multi-lateral Interchange Fees for Cross-Border Direct Debit Transactions.

On 1 November 2012 new versions of the SEPA Direct Debit (SDD) Rulebooks became effective. Section 5.14 of the SDD Core Rulebook version 5.2 and the SDD Business to Business (B2B) Rulebook version 3.2, respectively, was updated to reflect the requirements of Articles 6(3) and 8 of the 'Regulation (EU)...

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News

24 October 13

EPC Blog: SEPA Credit Transfer and SEPA Direct Debit Rulebooks: Next Scheme Change Management Cycle Takes Place in 2014. Rulebooks to be Published in November 2014 Will Take Effect in November 2015.

In November 2012, the European Payments Council (EPC) published the SEPA Credit Transfer (SCT) Rulebook version 7.0, the SEPA Direct Debit (SDD) Core Rulebook version 7.0, the SDD Business to Business (B2B) Rulebook version 5.0 and associated implementation guidelines (IGs). Based on the established...

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News

05 December 17

A summary of the November ERPB meeting

The Euro Retail Payments Board (ERPB – a high-level body chaired by the European Central Bank and gathering the supply and demand sides of European retail payments) held its latest meeting on 29 November. Several of the hottest payment topics of the moment were discussed at this meeting. The EPC...

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News

24 October 13

EPC Blog: EU Law Mandates Migration to SEPA by February 2014 in Euro Area. Recommendation is to Rely on EU Legislator (Not on Speculations Regarding the Impact of the Euro Debt Crisis on SEPA) when Planning Migration. The Time to Act is Now.

Some commentators suggest delaying the 1 February 2014 deadline in the euro area for migration to the Single Euro Payments Area (SEPA), mandated with the Regulation (EU) 260/2012 establishing technical and business requirements for credit transfers and direct debits in euro (the SEPA Regulation), due...

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Insight

12 September 17

Update on UK Open Banking

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. In July the Open Banking Implementation Entity released specifications for the ‘Read/Write’ payment initiation and account information Application Programming Interfaces...

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News

24 October 13

EPC publishes clarification letter on electronic mandates.

It is widely recognised that the efficient handling and the acceptance of electronic mandates is a very important element in the context of a successful migration to and for the further development of the SEPA Direct Debit (SDD) Core and Business to Business (B2B) Schemes. A mandate is signed by the...

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News

24 October 13

EPC Newsletter: January 2013 Edition Reports on EU Regulatory Action Impacting Payments; Progress on SEPA for Cards and Best Practice Identified by Customers on How to Achieve SEPA Compliance.

The free online EPC Newsletter, published quarterly by the European Payments Council (EPC), is a leading source covering latest developments in the Single Euro Payments Area (SEPA).  The January 2013 edition (see 'related links' below) reports, among other things, on upcoming European Union (EU) regulatory...

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Insight

22 June 17

The Spanish payment landscape: innovation gains on tradition

Even if cash is still king in Spain, representing an estimated 80 percent of the total number of retail transactions, innovative methods of payment are advancing in the country. Spain is a frontrunner for instant and Person-to-Person (P2P) mobile payments. Another electronic instrument, SEPA Direct Debit...

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Insight

17 October 13

EPC Plenary Meeting Update

SEPA Credit Transfer and SEPA Direct Debit Rulebooks: next scheme change management cycle takes place in 2014. The rulebooks to be published in November 2014 will take effect in November 2015. In November 2012, the European Payments Council (EPC) published the SEPA Credit Transfer (SCT) Rulebook...

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