SEPA, PSD, etc.: A European framework
The SEPA project (Single Euro Payments Area) follows on from the European Directive on Payment Services (2007/64/CE, dated 13 November 2007), which aims to ensure equitable and open access to payment markets and to strengthen consumer protection.
In this context, the SEPA specifies the harmonisation of means of payment in three areas: bank transfers, direct debits and payment cards in Europe.
To reach these objectives, the European banks and their professional organisations created the EPC (European Payments Council) in 2002. It established the SEPA Cards Framework, which defines the high-level principles aiming to allow cardholders to make payments by bank cards in Europe with the same ease of use as in their own countries.
FOR MORE INFORMATION, DOWNLOAD THE FOLLOWING DOCUMENTS:
Some thoughts on the "Green Paper" SEPA for cards : work in Progress (31.01.2011)EPC card fraud prevention - forum (22.07.2010)SEPA, un nouveau paradigme pour les systèmes carteA l’échelle européenne, le SEPA aboutit à une redéfinition de l’interbancaritéResponse to the eurosystem questionnaire for the SEPAEuropean payments market needs "level playing field" (extract from parliament magazine)CB POSITION paper on mif regulation and psd 2