I expect that SEPA will have a significant impact on global developments in retail payments systems. Why? As with the developments in the internet, SEPA will lead to simple, cheap and common services for end-users, which can be used irrespective of the end-user’s location.
SEPA will also be based on the latest international standards for end-to-end payments and will therefore have a seamless connection with the rest of the world. And, as with internet services, end-users will also find SEPA very obvious in retrospect.