Central Banking

Payments end-users bemoan lack of Sepa dialogue

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The Payment Systems End User Committee (EUC), an amalgam of groups representing European businesses and consumers on payments issues, has called for more involvement in plans to create a Single Euro Payments Area (Sepa).

The committee said in a report out Tuesday there was a lack of consultation on the Sepa direct debit scheme, scheduled for introduction in November; Sepa's governance; the European Central Bank's (ECB) recent call for end-dates for the migration to a new system; and pricing.

The

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