EPC scheme participation fees
28 April 21
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Bulgarian payment services company BORICA AD launched BLINK, its local-currency (lev) instant payments project, at the beginning of this month. The project is comp
26 January 21
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Since November 2020, the SEPA Instant Credit Transfer (SCT Inst) scheme has been in use in Slovenia, where six payment service providers (PSPs) have joined the scheme
27 September 21
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Over years and even decades, we’ve witnessed growing changes in the way Canadians pay. The payments ecosystem is rapidly evolving. Canada’s economic and financial welf
07 July 21
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The UK payments industry highly values the work of the European Payments Council (EPC) and its members ensured the UK retained its membership of the Single Euro Paymen
26 July 21
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Although electronic payments are gaining popularity in Cyprus, cash is still king. Nevertheless, there are clear signs that the Cypriot payments landscape is entering
06 December 21
The European Payments Council (EPC) is committed to contribute to safe, reliable, efficient, convenient, economically balanced and sustainable payments, which meet the needs of payment service users and support the goals of competitiveness and innovation in an integrated European economy. For this
23 June 21
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. SWIFT (Society for Worldwide Interbank Financial Telecommunication), one of the largest financial messaging systems in the world’s international payment network is con
26 May 21
The views expressed in this article are solely those of the author and not necessarily those of the BIS or CPMI and they should not be attributed to the European Payments Council. The Committee on Payments and Market Infrastructures (CPMI), the global standard setter that aims to enhance th
21 December 21
On 1 January 2021, the UK left the EU Single Market and Customs Union. In the run-up to that date, the European Payments Council (EPC) requested on several occasions all SEPA payment scheme participants to implement the measures described below, to ensure a continued smooth processing of cross-
13 April 21
The instant payments space had been gaining significant traction in recent years, and access to immediate funds has become paramount for consumers and businesses in particular in the current pandemic. We launched the SEPA Instant Credit Transfer (SCT Inst) scheme almost three and a half years ago, a
09 June 21
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) Request-to-Pay (SRTP) scheme covers a wide range of use cases and business models, applicable in many sectors. The scheme can be c
12 May 21
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. SurePay was founded in 2016, providing the Confirmation of Payee (CoP) to all major Dutch banks since 2017 and recently implemented this service in the United Kingdom
25 February 21
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The European payment landscape is going through a considerable transformation due to technological developments, entry by new actors and regulatory changes. We intervi
15 December 21
The Single Euro Payments Area (SEPA) Request-to-Pay (SRTP) scheme managed by the European Payments Council (EPC) covers a set of operating rules and technical elements (including messages) that allow a Payee to request digitally the initiation of a payment from a Payer in a wide range of physical or
25 March 21
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Payment Card Industry Security Standards Council (PCI SSC) is a global organisation that maintains, evolves and promotes PCI standards for the safety of cardholder
30 August 21
The SEPA Payment Account Access Multi-Stakeholder Group (SPAA MSG) is expected to be established by the EPC following an invitation from the ERPB at its 28 June 2021 meeting for the EPC to take up the role of manager of a pan-European scheme in relation to access to payment accounts , in line with t
07 October 21
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. We interviewed Dieter Goerdten, Head of Products & Services at SIX BBS Ltd. and Michael Montoya, CEO of SIX Interbank Clearing Ltd. to know more about the latest u
07 January 21
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. In July 2020, five Spanish banks successfully completed a proof of concept (POC) for an interbank smart payments’ platform managed by Iberpay. To complete the POC, Ibe
13 September 21
The European Payments Council (EPC) launches today the public consultation on the change requests for the 2023 Single Euro Payments Area (SEPA) Credit Transfer and SEPA Direct Debit scheme rulebooks. All stakeholders are invited to have their say on these change requests from 13 September to
25 October 21
At its 28 June 2021 meeting the Euro Retail Payments Board (ERPB) formally invited the EPC to take up the role of Scheme manager of a SEPA API Access Scheme in relation to payment accounts, in line with the requirements defined in the June 2021 report of the ERPB Working Group on a SEPA API Access S
15 July 21
The views expressed in the below reports are solely those of the authors and should not be attributed to the European Payments Council. During the second quarter of 2021, we gathered a list of recent and free reports that are highlighting the future of payments, open banking and other interesting
15 April 21
*The views expressed in the below reports are solely those of the authors and should not be attributed to the European Payments Council. During the first quarter of 2021, we gathered a list of recent and free reports that shine a spotlight on payments future and trends as well as other interestin
18 January 21
*The views expressed in the below reports are solely those of the authors and should not be attributed to the European Payments Council. Getting lost in the flow of new reports? During the last quarter of 2020, the EPC compiled a list of payment related reports that you can check out and download