FinTech Podcast by IR
FinTech Podcast by IR
FinTech Podcast by IR
Is SEPA’s Initiative for Instant Payments a Disruptive Game-Changer?
5 minutes Posted May 2, 2017 at 6:15 am.
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Show notes
The Single Euro Payments Area (SEPA) has historically been a method of transferring payments between countries that use the Euro. Now it’s attempting to evolve with a new initiative called ‘instant payments’.
As the name implies, it’s a way of transferring funds almost immediately. This kind of feature isn’t widely available today, but is it poised to take off?