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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85 results
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 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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Contributing to the future of payments in Europe
The EPC focuses on the harmonisation of electronic methods of payments in SEPA.
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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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About SEPA
The introduction of the euro as the common currency for millions of Europeans was a great advance in European integration, but it was just the first step towards European payments harmonisation.
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26 November 2020|
Version
2021 V1.0
SEPA Instant Credit Transfer Scheme Customer-to-PSP Implementation Guidelines 2021 version 1.0
Insight
04 November 20
Country profile: cashless Iceland
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Did you know that bank cards are ubiquitous in Iceland and that local banks are all involved in projects to increase public awareness on the importance of financial li
Insight
23 September 20
Country profile: digital and instant payments are the norm in Estonia
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. We continue our series of European payment landscapes with a profile of Estonia. Estonia is a frontrunner for card payments, and its PSP community was among the first
26 November 2020|
Version
2021 V1.0
SEPA Credit Transfer Scheme Customer-to-PSP Implementation Guidelines 2021 version 1.0
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
Insight
09 September 20
EPI: towards a new European payment solution?
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. In early July a group of major European banks announced the launch of the European Payments Initiative (EPI) with the aim of creating a unified payment solution for co
Insight
22 October 20
The new Retail Payments Strategy for the EU
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Single Euro Payments Area (SEPA) initiative has been a key enabler for the integration of the retail payments market in the European Union (EU): the development of
Insight
09 January 20
TPPs: latest views on PSD2 implementation
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. We continue our series of interviews presenting the opinions of various stakeholders on the implementation of the revised Payment Services Directive (PSD2) with the in
Insight
24 February 20
PSD2 implementation: viewpoint of BEUC, the European Consumer Organisation
Disclaimer: The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. This interview belongs to a series representing the views of various stakeholders on the implementation of the revised Payment Services Directive (PSD
Insight
29 January 20
The payment landscape of Luxembourg
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. We continue our series of European payment landscapes with a profile of Luxembourg, which is characterised by the highest banking internationalisation rate in Europe a
News
09 April 20
New version of the Clarification Paper on SCT and SCT Inst
Today the European Payments Council (EPC) published the version 1.5 of the clarification paper on Single Euro Payments Area (SEPA) Credit Transfer (SCT) and SEPA Instant Credit Transfer (SCT Inst) rulebooks. The paper applies to the current applicable 2019 SCT and SCT Inst rulebooks and provides gui
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