ECB’s Mersch wants pan-European instant payment system
Sepa infrastructure allows for Europe-wide platform
Europe should aim straight for a "pan-European" instant payment system rather than trying to develop national schemes individually, European Central Bank executive board member Yves Mersch said today (June 4).
Introducing a conference on retail payments at the Bank of Finland, Mersch noted instant retail payments is currently the "hot topic" in the payments industry.
"We should go straight to a pan-European solution for instant payments. We should take advantage of the harmonisation and
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