What Role Does the European Payment Council Play in SEPA Development?
As businesses and consumers alike navigate the complexities of the Single Euro Payments Area (SEPA), understanding the EPC‘s contributions becomes essential. The EPC, a key player in the development and standardization of payment schemes, ensures seamless transactions across the Eurozone. From SEPA Credit Transfers (SCT) to SEPA Direct Debits (SDD), the EPC’s rulebooks and guidelines are instrumental in harmonizing payment processes.
What is the European Payment Council (EPC) ?
The Single Euro Payments Area (SEPA)
What is the role of the EPC in SEPA Development?
What are the impacts of the EPC on businesses?