You might now that SEPA stands for the Single Euro Payments Area, but do you know what it actually does?
You can dive deeper by browsing through the ECB SEPA page, or try the “open source”, Wikipedia SEPA page, for additional information.
Alternatively, you can take a short-cut and look at the latest infographic, from the EPC (European Payments Council), to immediately understand the impact of SEPA, across the 34 countries covers. (Hint: click on the image to download a hig-hres PDF version)
Quite intriguing isn’t it?
SEPA is the solid & wide platform, on top of which FinServ & FinTech innovation, is being fostered across the EU!!!