Tag Archives: Payment integration

Coming to an EU bank near you: SEPA

On 1st February 2014, SEPA (Single Euro Payments Area) came into effect. SEPA is a payment-integration initiative of the European Union for the simplification of Euro payments across Europe. This in fact means the creation a borderless payment system throughout the 33 countries (SEPA countries) – these are the 28 EU members, plus Iceland, Liechtestein, Monaco, Switzerland and Norway. Continue reading Coming to an EU bank near you: SEPA