22 September 2019
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Latest articles for European Payments Council


SCT Inst transaction limit to be raised to EUR100,000

12 September 2019  |  4087 views  |  0 Company announcement

On 10 September 2019, the Scheme Management Board (SMB) – the body responsible for the administration and evolution of the Single Euro Payments Area (Sepa) payment schemes, decided to amend the maximum amount per Instant Credit Transfer ( Inst) transaction to 100,000 euros, effective as of 1 July 2020.


UK PSPS get nod for post-Brexit Sepa scheme membership

07 March 2019  |  3660 views  |  0 Company announcement

In consideration of the expected withdrawal of the United Kingdom (UK) from the European Union the UK payment service providers, represented through ‘UK Finance’, filed an application in December 2018 with the European Payments Council (EPC ) to be able to maintain the participation of the UK in the ’s schemes in the event of a no-deal withdrawal from the European Union (“no deal Brexit”).


Vatican gives blessing to Sepa

01 March 2019  |  3950 views  |  0 Company announcement

The Principality of Andorra and the Vatican City State/The Holy See are since today part of the geographical scope of the Single Euro Payments Area (SEPA) payment schemes.


EPC opens applications for Request To Pay stakeholder group

11 February 2019  |  4244 views  |  0 News

The European Payments Council is calling for experts to join a new Request To Pay Multi-Stakeholder Group.


EPC opens Sepa Credit Transfer and Sepa Direct Debit rulebook consultation

15 March 2018  |  2301 views  |  0 Company announcement

This week the European Payments Council (EPC) announces the launch of the public consultation on the 2018 change requests for the Single Euro Payments Area (SEPA) Credit Transfer and SEPA Direct Debit rulebooks.


First French banks joins ECP Sepa Instant Payments Scheme

19 January 2018  |  8424 views  |  0 Company announcement

BPCE, a major French cooperative banking group (which includes the Banque Populaire and Caisse d’Epargne networks), is the very first payment service provider in France to adhere to the Instant Credit Transfer (Inst) scheme.


Sepa instant payments goes live

21 November 2017  |  24408 views  |  0 News

Nearly 600 payment service providers (PSPs) from eight countries are onboard for today's launch of the Sepa Instant Credit Transfer (SCT Inst) scheme, bringing real-time money transfers to much of Europe.


ACI adds support for EPC's Sepa instant banking rulebook

30 October 2017  |  2613 views  |  0 Company announcement

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced support for the European Payments Council (EPC) SEPA Instant rulebook standard ISO 20022 within its Universal Payments (UP) solutions portfolio, including UP Immediate Payments and UP Real-Time Payments.


EPC gears up for pan-European instant payments

14 July 2017  |  13226 views  |  0 News

A new voluntary pan-European instant credit transfer scheme that will bring real-time money transfers across the Single Euro Payments Area (Sepa) is on course to go live in November, with five countries onboard from the off.


EPC to issue RFI for interoperable P2P mobile payments

30 June 2017  |  10527 views  |  0 News

The European Payments Council is to issue a Request for Information (RFI) to identify parties interested in becoming a provider of a Standardised Proxy Lookup (SPL) service for pan-European interoperability of person-to-person mobile payments.

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