European Payments Council news and trends

Spanish Banking Community Joins Instant Cross-Border Payments Plan
Banking // November 18, 2024

Spain has become Europe’s first banking market fully connected to the European Payments Council’s One-Leg Out instant payments plan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Real-Time Payments Set to Soar in US With Cloud Solutions
Real-Time Payments // May 03, 2024

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

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

As faster payments schemes take shape around the globe — in the U.S., the FedNow® Service is the latest example — realizing the full potential of speed and lower costs demands interoperability. Get the Full Story Complete the form to unlock this article and enjoy...

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

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 payments scheme, joining the platform nearly two years after it was introduced in November 2017. Get the Full Story Complete...

Interviews & Exclusives
Europe is Ripe for Instant Payments Where 73% of All Transactions are Still Done in Cash

August 31, 2021
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 2,343 payments services providers, representing about 59% of all EU payment service providers (PSPs), as members. Get the Full Story Complete the form to unlock this article and enjoy unlimited […]

EU Banking Trade Group Presses The Issue On Instant Payments

April 19, 2021
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 the U.K. on its way...

EPC Chair On SEPA’s Instant Credit Transfer, One Year In

December 03, 2018
Last year, the European Payments Council (EPC) debuted the SEPA Instant Credit Transfer scheme, where credit transfers are done in 10 seconds — or less — across SEPA. Javier Santamaria, EPC...

Quick Reads
PayPal Gains Role in Europe’s Payments Standards Push

July 02, 2026
PayPal said Thursday (July 2) that it has secured a seat at the table to influence the future of payments in Europe by joining the European Payments Council (EPC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]

Spanish Banking Community Joins Instant Cross-Border Payments Plan

November 18, 2024
Spain has become Europe’s first banking market fully connected to the European Payments Council’s One-Leg Out instant payments plan. Get the Full Story Complete the form to unlock this article and enjoy...

European Payments Council Seeks Help In Tracking Fraud

April 30, 2021
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 payments fraud. Get the Full...

EBA CLEARING’s Request To Pay Solution To Launch Next Fall

December 16, 2019
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, EBA announced in a press...