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June 2020
Already 2,272 payment service providers have joined the SEPA Instant Credit Transfer (SCT Inst) scheme, i.e. 56% of European PSPs.
Also, we launched the public consultation on the draft rulebook for our new SEPA Request-to-Pay (SRTP) scheme. All interested stakeholders are invited to participate in the public consultation by sending their feedback by 30 August 2020. We trust you will enjoy reading the latest publications from the EPC!
Highlight SCT Inst transaction limit increases to 100,000 euros
As of 1 July, the SCT Inst transaction limit goes up from 15,000 to 100,000 euros. Convenient for higher-value business-to-business and business-to-consumer transactions.
We launched a three-month public consultation on the rulebook for the new SRTP scheme, which covers a way to request a payment initiation. We interviewed the ad-hoc RTP Task Force Chair Jean-Yves Jacquelin to shed some light on the SRTP scheme and its future developments. Check our newest article.
We launched the three-month public consultation on the draft SEPA RTP scheme rulebook. The first rulebook for this new scheme is planned for release and immediate implementation in November 2020.
