The following infographic will guide you through the main steps to become an payment scheme participant:
Participation to the payment schemes does not require membership. The first step in adhering to the payment schemes is to download the Guide to the schemes adherence process.
This guide details the eligibility criteria and the instructions for completing the adherence pack. It also lists the information and documents that payment service providers ( ) have to provide to substantiate their adherence.
For each scheme to which the applicant wishes to adhere, three template documents have to be completed and signed.
- The adherence agreement, which summarises the main information submitted by the and formalises the ’s participation.
- The schedule information document, in which the specifies its contact details, foreseen reachability date and details for invoicing.
- The legal opinion, signed by a legal counsel internal or external to the applicant. There are two templates, one ‘standard’ and one for licensed branches of non- country institutions.
These documents are included for information in the adherence guide and available below in the adherence packs for each scheme:
As detailed in the adherence guide, other documents and information might have to be provided, for example regarding the applicant’s reachability.
The adherence pack can be sent:
- Either via the ’s National Adherence Support Organisation (NASO – usually the national banking association). This document provides the name and contact address of each NASO in SEPA.
- Or directly to the .
New scheme participants will need the following documents to implement a European Payments Council Single Euro Payments Area scheme in their systems:
The scheme rulebook, which is the set of rules, obligations and technical standards for the execution of a Single Euro Payments Area payment. The technical translation of the rulebook into ISO 20022 payment messages is described in the scheme customer-to-bank and the interbank implementation guidelines. The rulebooks and the related implementation guidelines are available on the following links:
The Payment Scheme Management Rules explaining the principles governing the administration and evolution of the scheme:
If you have further questions, you can contact the EPC.