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Daily News, E-Money, EPC, European Payments Council, Instant Credit Transfer, Instant Payments, Issuing & Acquiring, Mobile Remittance, Processing & Systems, Remittance, SCT Inst scheme, SCT Inst transactions, SEPA, Single Euro Payments Area -

The Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst) scheme created by the European Payments Council (EPC) is operational. As of today, nearly 600 payment service providers (PSPs) from eight European countries are offering instant payment solutions based on SCT Inst. This is only the beginning of the European journey towards instant payments. [...]

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