Central Banking

ECB report urges progress on Sepa card payments migration

ecb-frankfurt

The complexity of the card payments market in Europe is hindering migration towards a Single Euro Payments Area (Sepa), according to a report published by the European Central Bank on January 19.

The article presents a market overview of the economic principles and features of card payments in the eurozone, and identifies some of the most challenging areas in terms of migration to the Sepa. The report also looks at the future of card payments in an increasingly "online and mobile" world.

Card

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