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The European Payments Council (EPC) will be launching a request for proposal (RFP) for selecting a technology service provider in charge of developing and operating an EPC Directory Service (EDS). The EDS service provider was formerly known as Operating Scheme Manager (OSM) and the forthcoming RFP f

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

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. At the start of 2024 we were delighted to welcome a new member: PostePay. We spoke to PostePay’s General Manager, Laura Furlan, about payment trends, PostePay’s role w

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council nor the associations or its members he represents. Cash is the most frequently used form of payment by Europeans at the point of sale. For this reason, an adequate cash

Staying up to date with the latest news and trends in payments? Kick off the new year well-informed with the latest insights from the industry. See here for our list of free, recently published payment-related reports from a variety of sources, all in one place for your convenience. Follow the

We are happy to announce TrueLayer as the first participant to the SEPA Payment Account Access (SPAA) scheme!  This marks a first important milestone for the scheme, which is open for scheme adherence since December 2023. The SPAA scheme covers the set of rules, practices and standards th

The European Payments Council (EPC) is delighted to count among its members a new organisation: •    PostePay, part of the Poste Italiane Group (based in Italy) As of 1 January 2024, the EPC represents 79 payment service providers and their associations.  

Today the European Payments Council (EPC) has published new versions of the SEPA Request-to-Pay (SRTP) scheme rulebook as well as the rulebook-related clarification paper.  Version 3.2 of the SRTP scheme rulebook includes clarifications related to Enrolment and Activation processes, to be al

Over the past two months, the European Payments Council (EPC) invited payments industry professionals to answer the following question: “In your opinion, which type of approach in international cross-border payments will see the largest growth in adoption over the coming 10 years".  The resu

Today the European Payments Council (EPC) publishes the yearly update of the “Payment Threats and Fraud Trends Report”. This report contributes to creating awareness on payment threats and fraud trends, and to help payment stakeholders decide on possible actions to prevent fraud. It provides a focu

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Finland is a European frontrunner in payment digitalisation, with e-invoicing particularly commonplace in the country – a likely trend anticipated to happen in the res

The EPC is launching today a call for (additional) participants in the SEPA Payment Account access (SPAA) Scheme Interest Group, which was set up at the end of 2021 to ensure maximum stakeholder involvement and contribution - in addition to the creation of the SPAA Multi-Stakeholder Groups (MSG) in

Brussels, 28 November 2023 - As of today 08h00 CET, the new payment scheme of the European Payments Council (EPC) designed for international instant credit transfers is ready for use. The launch of the OCT Inst scheme marks a significant development for the EPC as it is the EPC’s first venture outsi

The European Payments Council (EPC) has published the business conditions for the SEPA Payment Account Access (SPAA) scheme, marking a significant step forward in the development of open banking in Europe.  The SPAA scheme builds on the investments done in the context of the revised Payment