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Europe Daily Bulletin No. 9724

23 August 2008
(eu) eu/financial services
Banking associations clarify aspects of SEPA-wide payment cards market

Brussels, 22/08/2008 (Agence Europe) - In a press release published on Thursday 21 August, the European Commission and the European Central Bank welcome the initiative taken by the European Payments Council (EPC), which is publishing a document to facilitate implementation of the Single Euro Payments Area (SEPA). The EPC, an association of banks and banking associations, is setting up the SEPA, which aims to harmonise conditions for crossborder payments and national payments within the euro...