25 May 23
One-Leg Out Instant Credit Transfer scheme – enabling faster payments between SEPA and the rest of the globe
On 28 March 2023, the European Payment Council (EPC) published the first version of its One-Leg Out (OLO) Instant Credit Transfer (OCT Inst) scheme rulebook. This new scheme allows payment service providers (PSPs) to handle the Euro Leg of an international cross-border and/or cross currency (instant
28 April 23
The SRTP scheme - Steady and ready to take off in 2023
On 30 November 2020, the European Payment Council (EPC) published the first version of its Single Euro Payments Area (SEPA) Request-To-Pay scheme (SRTP) rulebook. Today the scheme is set to take off and already counts some registered participants, as well as new ones that are going to launch soon. W
21 April 23
SEPA Request-to-Pay scheme: homologation procedure and new types of homologation
The European Payments Council (EPC) announces that effective as of today, any technical solution provider (TSP) may undergo a SEPA Request to Pay (SRTP) homologation. A duly homologated TSP will become a “Referenced Technical Solution Provider” (RTSP) and feature on a list published on the EPC websi
20 April 23
New EPC Director General Giorgio Andreoli outlines his vision and the challenges ahead
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Giorgio Andreoli took up the post of Director General of the European Payments Council (EPC) on 1 April 2023. We interviewed him to shed light on his first impressions
18 April 23
Around the web – a compilation of some interesting reports about payments published last quarter
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 2023, we gathered a list of payment related reports that shine a spotlight on payments’ future and trends as well mobile payments and
30 March 23
State of play, challenges, perspectives for European payments - Interview with Etienne Goosse
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
28 March 23
Publication of the first OCT Inst scheme rulebook
Today the European Payments Council (EPC) publishes the first One-Leg Out Instant Credit Transfer (OCT Inst) scheme rulebook. Version 1.0 of the 2023 OCT Inst scheme rulebook focuses exclusively on the Euro Leg of international instant credit transfer-based payment transactions. About the scheme
24 March 23
Public Request for Information for the role of Operational Scheme Manager
Today the European Payments Council (EPC) is launching a public request for information (RFI) for an Operational Scheme Manager (OSM). Background In the context of the SEPA Payment Account Access (SPAA) and the SEPA Request to Pay (SRTP) schemes, the use of application programming interfaces (
22 March 23
Integrating a more sustainable mindset to payments
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 focusing on sustainability in the payments industry with the contribution of Stephen King, Vice President, Sustainability Solution
16 March 23
API Security Framework
The European Payments Council (EPC) publishes today the Application Programming Interface (API) security framework that lists the minimum security-related requirements applicable to the SEPA Request-to-Pay (SRTP) and SEPA Payment Account Access (SPAA) scheme participants using APIs, whether they rel
13 March 23
Yearly update of the “Guidelines on cryptographic algorithms usage and key management”
The European Payments Council (EPC) published today a new version of the document called “Guidelines on cryptographic algorithms usage and key management”. Its purpose is to provide guidance to the European payment industry in the field of cryptographic algorithms and related key management issues.
03 March 23
SEPA Request-to-Pay Implementation Guidelines Version 3.0
Today the European Payments Council (EPC) published version 3.0 of the Single Euro Payments Area (SEPA) Request-to-Pay (SRTP) Implementation Guidelines (IGs). These IGs set out the rules for implementing the relevant ISO 20022 XML message standards based on version 3.0 of the SRTP scheme rulebook
28 February 23
Green payments: sustainability by design for a more viable future
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Currently, more and more companies talk about sustainability and are starting to take action to change their products to become more environmentally friendly and creat
23 February 23
How the Dutch became the frontrunners in payment transformation
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Netherlands has a fascinating and ever-changing payment landscape where card payments are increasing each year and are preferred over cash payments. We wanted to k