| If you have trouble reading this e-mail or wish to go directly to the web version, click here. | February 2020 |
| | | | How BEUC summarises the current status and the degree of harmony across the EU regarding the Payment Services Directive (PSD2) implementation? What is the link between Bizum and SEPA Instant Credit Transfer (SCT Inst)? The answers to these and other questions you can find in the February issue of Rep(l)ay! We trust you will enjoy reading the latest publications from the EPC! |
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| | | Highlight February 12, 2020 New poll on cash usage by 2025 In terms of the number of transactions, 78.8% of purchases at the POS were paid using cash in 2016 in the overall euro area. Give your view in our new poll on how it will change by 2025.
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| | | Highlight February 1, 2020 EPC’s follow up on Brexit From 1 February 2020, the UK ceases to be a Member State of the EU and becomes a non-European Economic Area (EEA) country. For the purposes of the EPC SEPA payment schemes, UK PSPs continue operating within the scope of the SEPA schemes. UK keeps complying with the relevant SEPA participation criteria as existing EU rules and regulations continue to apply in the UK.
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Jean Allix Special advisor to BEUC, the European Consumer Organisation
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| | | Insight February 13, 2020 Bizum: The Spanish instant mobile payment solution Bizum is a payment service launched by Spanish banks in 2016 to allow users to conduct Person-to-Person (P2P) payments through a smartphone. We interviewed Fernando Rodríguez Ferrer, Head of Business Development at Bizum, to find out more about this digital initiative, which was built on the SCT Inst standard and is gaining traction in Spain.
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Fernando Rodríguez Ferrer Head of Business Development at Bizum
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