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Participating in the schemes

If payment service providers (PSPs) want to offer SEPA euro credit transfers and direct debits to their customers, they have to formally adhere to the EPC payment schemes.

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News

20 February 24

Public consultation on the Verification Of Payee Scheme Rulebook

Today the European Payments Council (EPC) launches a public consultation on the Verification Of Payee (VOP) scheme rulebook. The consultation will run for a 90-calendar day period from 20 February up to and including 19 May 2024. All interested stakeholders are invited to participate in the publi

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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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