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Home  > Business/Finance  >  Financial Services  >  Electronic Transactions

European Payments: The Challenges of a Single Euro Payments Area (SEPA)

Published Date: May 2005
Published By: TowerGroup
Page Count: 12
Order Code: R301-955
 
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TowerGroup Take-Aways


Report Coverage


Background and Terminology
Exhibit 1: A Glossary of Acronyms and Abbreviations for a Single Euro Payments Area
Exhibit 2: Why a Single Euro Payments Area (SEPA)? National Payment Systems of the EU15 (2004)

Agreement Among Countries


The Payments Directive


A Diverse Union of Countries
Exhibit 3: Value and Volume of Domestic and Cross-Border Payments by Major EU RTGS Systems (2004)

Standardizing Payment Instruments
Exhibit 4: Use of Cashless Payment Instruments in the EU, Based on Total Number of Transactions (2004)

Agreement Among Banks
Exhibit 5: Use of Cashless Payment Instruments in the EU Based on Total Number of Transactions: 1998 vs. 2002

Banks' External vs. Internal Positioning


Agreement Between the NCBs and ACHs


The PE-ACH Dilemma
The Eurozone Issue
Thick or Thin ACHs?


Collaborate to Win


TowerGroup's View


Summary
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