By standardizing the payment instruments made available by SEPA and employing advanced technology for e-commerce and mobile and Internet communications it will be possible to create a more modern payment market, in line with European and Italian policies to increase the spread of information technology. SEPA will bring substantial benefits to all concerned.
Firms will be able to make and receive payments via a single account at any European bank. Using the ISO standard, which can be  1  See “La SEPA e i suoi riflessi sul sistema dei pagamenti italiano”, Tematiche istituzionali, Banca d’Italia, November 2013 (http://www.bancaditalia.it/pubblicazioni/temist/sepa-riflessi-sistema-pagamenti/testo.pdf).