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SEPA Instant Credit Transfer RSS
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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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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