A European payment complex


The Single Euro Payment Area (SEPA) looks set to change the payment landscape of Europe. With almost all of the banks of the euro area signed up for the scheme, but levels of usage hovering somewhere around the 5% mark, it is evident that there is significant room for further growth, with work evidently still needed to be done to really develop the schemes take-up. Factorscan spoke with payments systems experts regarding the development of the SEPA.


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