702 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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Insight

26 March 24

Creating a sustainable pan-European payment method through SPAA

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council.The building blocks of an open, pan-European payment method are in place: SEPA Instant Credit Transfers (SCT Inst) and open banking to turn them into a payment method. The

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Mobile proximity payments

If you have ever tried to pay with your smartphone in a shop, you are familiar with ‘mobile proximity payments’. The smartphone is the device used to access payment details such as card information when executing a face-to-face transaction.

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