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Montenegro and Albania join the Single Euro Payments Area

News | Payments General | 22 Nov 2024

Montenegro and Albania have become the first-ever enlargement countries to join the geographical scope of the Single Euro Payments Area (SEPA).

SEPA, expansion, regulation, payments

European Payments Council issues Verification of Payee API standards

News | Online & Mobile Banking | 31 Oct 2024

The European Payments Council (EPC) has released its Verification of Payee (VOP) Application Programming Interface (API) specifications.

regulation, compliance, API, PSP

EPC releases the first version of the VoP scheme rulebook

News | Online & Mobile Banking | 11 Oct 2024

The European Payments Council (EPC) has announced the launch of the first version of the Verification of Payee (VoP) scheme rulebook developed to minimise fraud and increase trust in payments. 

regulation, SEPA, identity verification, verifiable credentials, PSP, financial institutions

EPC goes live with its OCT Inst cross-currency payment scheme

News | Payments General | 28 Nov 2023

The European Payments Council (EPC) has announced the launch of a new payment scheme designed for international instant credit transfers.

payments , product launch, regulation, SEPA

EPC publishes SPAA scheme's default remuneration model

News | Online & Mobile Banking | 24 Nov 2023

The European Payments Council (EPC) has published the default remuneration model for the SEPA Payment Account Access scheme.

SEPA Payment Account Access Scheme, regulation, Open Banking, payments

The SRTP scheme: steady and ready to take off in 2023!

Voice of the Industry | Online Payments | 17 Nov 2023

Dominique Allebroeck, Senior Business Analyst at the European Payments Council, provides insight into the SEPA Request to Pay (SRTP) scheme's preparedness for its 2023 launch.

payments , payment methods, SEPA, Request to Pay, instalment payments, Ecommerce Europe, API, PSP

European Payments Council publishes SPAA scheme rulebook update

News | Online & Mobile Banking | 27 Jun 2023

The European Payments Council has published an updated version of the SEPA Payment Account Access scheme rulebook.

product upgrade, SEPA API Access Scheme, regulation, compliance