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EPC proposal for pan-European instant credit transfer scheme

The European Payments Council (EPC) released its proposal for the design of a pan-European instant credit transfer scheme, dubbed SCT Inst scheme. This proposal is part of the Euro Retail Payments Board’s (ERPB) agenda on instant payments. Instant payments are available any day and at any time, and processed end-to-end within seconds. The EPC proposal [...]

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