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What steps are the ECB taking to ensure pan-European reach of instant payments?
The European Central Bank’s (ECB) Governing Council, in line with the European Commission’s (EC) objectives, has taken an important move towards the full reach of instant payments across the euro... more
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What’s new in the new retail payments strategy for the EU?
The Single Euro Payments Area (SEPA) initiative has been a key enabler for the integration of the retail payments market in the European Union: the development of Credit Transfer (SCT) and Direct... more
The post What’s new in the new retail payments strategy for the EU? appeared first on Payments Cards & Mobile.
Europe is building EPI – an alternative to Visa and Mastercard – might it work?
Last year the European Central Bank said that it welcomed the European Payments Initiative (EPI), an initiative by some of Europe’s top banks to explore the development of a “rival... more
The post Europe is building EPI – an alternative to Visa and Mastercard – might it work? appeared first on Payments Cards & Mobile.
The European Payments Initiative: Building partnerships or raising red flags?
In July the European Central Bank welcomed the decision brought forward by 16 European banks to launch The European Payments Initiative, a pan-European payment scheme. Although the solution aims to... more
The post The European Payments Initiative: Building partnerships or raising red flags? appeared first on Payments Cards & Mobile.
EBA CLEARING RT1 reaches critical mass and R2P pilot goes live
EBA CLEARING says that its RT1 platform has made considerable progress in building up pan-European instant payment reach across the French retail payments market: the system extends pan-European reach through... more
The post EBA CLEARING RT1 reaches critical mass and R2P pilot goes live appeared first on Payments Cards & Mobile.
