SEPA Credit Transfer

The SEPA Credit Transfer (SCT) allows consumers to pay for their goods and services by using their euro bank account to transfer money directly to the merchants' bank account. Both the consumer and merchant should be domiciled within the SEPA (eurozone) region.

INTRODUCTION

The SEPA Credit Transfer scheme was launched in January 2008. It allows consumers and business to transfer money effectively to bank accounts across the Eurozone. SEPA Credit Transfer payments always require a Bank Identification Number (BIC) and International Bank Account Number (IBAN). The SCT enables online businesses to accept payments directly into one bank account instead of managing multiple receiving bank accounts in various Eurozone countries. Other big benefit for merchants is that they will receive SCTs within one business day, regardless whether the SCT relates to domestic or cross-border payments. SEPA Credit Transfers can not be reversed and are guaranteed to the receiving entity.

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E-wallets will equal cards as the most popular payment method globally.
In 2012, $295 billion was processed through e-wallet payments. This is set to rise to $1,656 billion by 2017.

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Supported By Payment Provider

Smart2Pay

Smart2Pay is a licensed Payment Service Provider offering one single API integration for all payment services to Merchants, covering cards and 200+ local payment options throughout 90+ countries in the world!

Zotapay

Zotapay is a global payment gateway that facilitates online payment processing solutions worldwide, supplying innovative and secure technology. Our services include but are not limited to, credit and debit cards, alternative methods, and local solutions, all under one service provider and one simple

Nuvei

We are Nuvei (TSX: NVEI and NVEI.U), the payment technology partner of thriving brands. We provide the intelligence and technology businesses need to succeed locally and globally, through one integration — propelling them further, faster.

Localpayment

1 API for all the local payment methods you need to reach more customers in Latam.

Adyen

Adyen is a technology company that provides a single solution to accept payments globally. It has built a unique end-to-end infrastructure connecting businesses directly to card schemes and 250 other payment methods, thereby enabling frictionless payments across geographies and channels.

Secupay AG

OVRI

Ovri Payment, Offers all-in-one payment solutions and platform, including merchant account and technical collection solution, in just a few minutes start accepting credit cards on your website or at physical points of sale with payment terminals.

payabl.

We power the growth of merchants by helping them take payments both online and in person easily, securely and globally.

FIND THE RIGHT
PAYMENT SERVICE PROVIDER
FOR YOUR BUSINESS

Available in the following regions

Europe

COMPANY DETAILS

COMPANY ADDRESS

Cours Saint-Michel 30

PHONE & EMAIL

Main Phone Number	+32 2 733 35 33
Main Fax Number	+32 2 736 49 88
Email	secretariat@epc-cep.eu

WEBSITE AND BLOG

Website	http://www.europeanpaymentscouncil.eu/index.cfm
Blog

SOCIAL LINKS

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