It is not only in the EPC’s own interest that it stays at the centre of European retail payment integration and innovation; it is also in the interest of the market. The EPC is well positioned to continue contributing to the work of the SEPA Council, representing the European banking sector for retail payments.
Therefore, I expect the EPC to continue taking a pro-active approach and to continue working on developing efficient retail payment instruments and services. SEPA Credit Transfer, SEPA Direct Debit and the migration end-date SEPA is an initiative aimed at achieving a fully integrated market for retail payment services in euro, with no distinction between cross-border and national payments.