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 and Monaco.
See also
- PSD2
- EC Directive 2007/64/EC
- European Payments Council
- European Union
- EMEA
- SEPA credit transfer
- SEPA direct debit
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
