The European Payments Council (EPC) supports and promotes the creation of the Single Euro Payments Area (SEPA). It is the decision-making and coordination body of the European banking industry in relation to payments. The EPC develops the payment schemes and frameworks which help to realise SEPA.
SEPA is a European Union (EU) integration initiative in the area of payments. It is the next step in the completion of the EU internal market and monetary union.
The EPC defines common positions for the cooperative space of payment services. The EPC consists of 74 members representing banks, banking communities and payment institutions. More than 360 professionals from 32 countries are directly engaged in the work programme of the EPC, representing all sizes and sectors of the banking industry within Europe. The European Central Bank (ECB) acts as an observer in all EPC working and support groups and in the EPC Plenary (the Plenary is the decision-making body of the EPC). The EPC is a not-for-profit organisation which makes all its deliverables; i.e. the SEPA Scheme Rulebooks and adjacent documentation, available for download free of charge on the EPC Website. The EPC is not a supplier of technology or any goods or services.
View more information about EPC work initiatives in 'services'.
European Payments Council Activity on LinkedIn
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European Payments Council added a new service: EPC Blog and Discussion Board
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European Payments Council added a new service: EPC Videos & Podcasts
