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Evolution of the schemes

The EPC SEPA payment schemes are used to facilitate billions of transactions every year in Europe.

Evolution of the schemes 01

In an increasingly digital world, technology and consumer needs change rapidly. The regularly updates its schemes in order to adapt and remain at the forefront of payments technology.

An open and transparent change-management process

The payment schemes are updated every two years to reflect market needs and evolutions in the technical standards developed by international standards bodies, such as the International Organization for Standardization. This evolution is guided through a transparent change-management process, open to all stakeholders:

Scheme Evolution Process EPC

 

In line with its commitment to transparency, the publishes its position on each change request after the public consultation comment received during the public consultation, so that all stakeholders know why their change requests propositions were taken forward or set aside.

 scheme evolution calendar

The call for change requests for the Single Euro Payments Area Credit Transfer, Single Euro Payments Area Direct Debit Core, Business-to-Business, and Single Euro Payments Area Instant Credit Transfer scheme rulebooks ended on 31 December 2017. A three-month public consultation on the submitted change requests started on 13 March and ended on 10 June 2018.

Any stakeholder interested can submit their change requests by using this template. These change requests will then be considered for the next change-management process cycle (in 2020).

Download the template

  • Until 31 December 2017
    Call for change requests
  • Between 13 March and 10 June 2018
    Three-month public consultation
  • November 2018
    Publication of the next rulebook (entering into effect one year later)
The EPC SEPA scheme rulebooks versions until 2019
This diagram shows which rulebook version is in effect and when.

Chart Evolution Scheme