European Payments Council

Private Sector and Messaging Standards Target Cross-Border Interoperability Challenges
Private Sector and Messaging Standards Target Cross-Border Interoperability Challenges
October 30, 2023  |  Cross-border Payments

As faster payments schemes take shape around the globe — in the U.S., the FedNow® Service is the latest example — realizing the full potential...

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Belgium’s Real-Time Payments Volume to Exceed 1B by 2026 Despite Slow Adoption
Belgium’s Real-Time Payments Volume to Exceed 1B by 2026 Despite Slow Adoption
April 04, 2023  |  Real-Time Payments

Belgium was not one of the early adopters of the EU’s SEPA Instant Credit Transfer (also referred to as SEPA Instant or SCT Inst) real-time...

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What’s the Holdup With SEPA Instant Payments?
What’s the Holdup With SEPA Instant Payments?
June 28, 2022  |  Faster Payments

The Single Euro Payments Area (SEPA) is an EU-led initiative intended to harmonize the way cashless euro payments are made across Europe. Every European Union...

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European Payments Council Launches Consultation to Expand EU Direct Payments
European Payments Council Launches Consultation to Expand EU Direct Payments
January 21, 2022  |  International

The European Payments Council (EPC), a nonprofit organization representing payment service providers (PSPs) that promotes the development of the Single Euro Payments Area (SEPA), has...

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Europe is Ripe for Instant Payments Where 73% of All Transactions are Still Done in Cash
Europe is Ripe for Instant Payments Where 73% of All Transactions are Still Done in...
August 31, 2021  |  Payment Methods

Agnostic is a word that European Payments Council (EPC) Director General Etienne Goosse often uses to describe the mandate of the payments association that counts...

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European Payments Council Seeks Help In Tracking Fraud
European Payments Council Seeks Help In Tracking Fraud
April 30, 2021  |  International

The European Payments Council (EPC) wants to hear from service providers with the expertise to oversee a multi-nation alarm system designed to cut down on...

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EU Banking Trade Group Presses The Issue On Instant Payments
EU Banking Trade Group Presses The Issue On Instant Payments
April 19, 2021  |  Payment Methods

It’s not an easy task to get the European Union to speak in a single voice for anything. With 27 member states in motion and...

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EBA CLEARING’s Request To Pay Solution To Launch Next Fall
EBA CLEARING’s Request To Pay Solution To Launch Next Fall
December 16, 2019  |  Payment Methods

EBA CLEARING is launching a request to pay (R2P) solution in Europe and created specifications with the input of 27 financial institutions from 11 countries,...

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EU Banks Fast-Track Instant Payments Post Libra Launch
EU Banks Fast-Track Instant Payments Post Libra Launch
June 27, 2019  |  Banking

In light of competition from Facebook and other tech firms and banking firms, the European Union could potentially have a real-time payments system in place...

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