European Payments Council RSS
European Payments Council launches the SEPA Instant Credit Transfer
The European Payments Council (EPC) will launch the SEPA Instant Credit Transfer (SCT Inst) scheme today. European Payment Service Providers (PSPs) now have one year to get ready to process the first SCT Inst transactions in November 2017. The scheme allows them to propose innovative, digital, and fast payment solutions to their customers. The SCT [...]
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EPC publish latest version of SEPA Cards Standardisation Volume
The European Payments Council (EPC), representing payment service providers, and the Cards Stakeholders Group (CSG), a multi-stakeholder body gathering retailers, vendors, processors, card schemes and the EPC, today published version 7.1 of the SEPA Cards Standardisation Volume (the Volume). The Volume is a key document for the card industry, aimed at achieving cards standardisation, interoperability, [...]
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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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