4 SEPA will also offer banks an opportunity to market new, valueadded services related to the payment chain. Overall, SEPA offers great opportunities but SEPA migration is a challenge – for banks and for their customers. 1  CapGemini/EC (2008) “SEPA: potential benefits at stake - researching the impact of SEPA on the payments market and its stakeholders”.
In the study, sixteen EU countries are included in the quantitative analysis, representing 95% of the GDP of the EU-27.96% of the non-cash transaction volume, and 99% of the corresponding value. 2  Bolt and Humphrey (2007). The sample used includes processors of FR, UK, NL, DE, PT, BE, GR, LU. 3  Beijnen and Bolt (2007).