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January 2025
We are starting 2025 with exciting news! We are thrilled to announce that the European Payments Council has chosen Swift to develop and operate the EPC Directory Service (EDS) platform - a major milestone for the Verification of Payee (VOP) scheme. Also, since 1 January, we have welcomed five new members so don’t miss insights from MONEI’s CEO. Explore key industry reports and more in this month’s edition!
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Estimated share of SCT Inst volumes in total CT (SCT + SCT Inst) volumes
We are glad to announce excellent results: the estimated share of SEPA Instant Credit Transfer (SCT Inst) volumes in total SEPA Credit Transfer volumes increased to 20,92 % in Q4 2024 and we published a new graph showing this evolution on our homepage:
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VIDEO I Verification Of Payee scheme
The future of secure digital payments in Europe is here! The European Payments Council’s VOP Scheme is enhancing the way payments are verified across the SEPA. Curious about how it works and how to join?
MONEI joined the European Payments Council on 1 January 2025. CEO Alexandre Saiz provides insights into MONEI's journey, the motivations behind joining the EPC, challenges in the payments industry, and the company’s forward-looking vision.
Verification of Payee: a valuable addition to the payment order
We interviewed Frans van Beers, Senior Policy Advisor at the Dutch Payments Association, to explore the VOP scheme. With his extensive expertise in European payment systems, Frans highlights how the VOP enhances payment security, its importance for PSPs, and much more.
As we step into 2025, we look back on an incredible year of progress and milestones at the European Payments Council. From expanding SEPA’s geographical scope to welcoming new OCT Inst participants, 2024 was truly a year to remember!
We are thrilled to announce that the European Payments Council has chosen Swift to develop and operate the EDS platform. This marks a significant step towards the launch of the EPC VOP scheme.
