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Europe’s EPI: EPIc fail in the making?
The European Payments Initiative (EPI), launched to some fanfare in 2020, was supposed to offer a payments solution “catering and corresponding to European needs.” But as the EPI’s scope changes... read more
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The European Commission’s proposal for a regulation on instant payments
On 26 October the European Commission (EC) adopted a legislative proposal on instant payments in euro, fulfilling its commitment of the 2020 Retail Payments Strategy for the European Union (EU).... read more
The post The European Commission’s proposal for a regulation on instant payments appeared first on Payments Cards & Mobile.
EPC’s 20th anniversary: The transformation of European payments
This year is very special for the European Payments Council (EPC), which celebrates its 20th anniversary. To mark this occasion, the EPC interviewed Javier Santamaria, who has been active within... read more
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An update on the implementation of the SEPA Instant Credit Transfer scheme
In less than five months, the EPC’s SEPA Instant Credit Transfer (SCT Inst) scheme will be operational. The implementation of this new and optional scheme – the exact starting date of which is 21 November 2017 – is a hot topic within the European payment community. It is also a challenging one, as the published the rulebook in [...]
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Get ready for the first SCT Inst transactions in Europe
The EPC published the SEPA Instant Credit Transfer (SCT Inst) scheme rulebook at the end of November 2016, after a public consultation organised earlier this year. This article discusses what’s next now that the rulebook has been published. It seems inevitable that payments will become faster. So, if Payment Service Providers (PSPs) want to remain [...]
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