Single Euro Payments Area
From ACT Wiki
(SEPA).
The area where businesses and individuals will be able to make and receive payments in euro, within Europe, whether between or within national boundaries under the same basic conditions, rights and obligations, regardless of location.
SEPA encompasses the SEPA Credit Transfer, SEPA Direct Debit and SEPA cards framework.
It covers the European Union Member States plus other countries and territories including Iceland, Norway, Liechtenstein, Switzerland, San Marino and Monaco.
See also
- Euro Banking Association
- EC Directive 2007/64/EC
- European Payments Council
- European Union
- EMEA
- Instant Credit Transfer Scheme
- SEPA credit transfer
- SEPA direct debit
- Payments and payment systems
- PSD2
- RT1
Other links
SEPA - Realising the long-term benefits - ACT webinar and Fact sheet, February 2014
Making cost effective payments in the EU, The Treasurer, September 2012
SEPA report: It's coming, ready or not, The Treasurer, September 2012
