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NEWS
The European Payments Council (EPC) has published application programming interface (API) specifications for its EPC Directory Service (EDS). The specifications detail functionalities including an automated download service for retrieving EDS content and a consumer and provisioning API for managing scheme participants' records and verification of payee (VOP) uniform resource identifiers (URIs). The specifications will be accessible to scheme participants and their technical providers following completion of VOP scheme adherence and EDS onboarding procedures.
NEWS
The European Payments Council (EPC) has released an EDS Onboarding and Registration Guide, offering step-by-step instructions on how the Verification of Payee (VOP) scheme participants and Routing and/or Verification Mechanism (RVM) can register for using the EPC Directory Service (EDS) via the EDS Graphical User Interface (GUI) and Application Programming Interfaces (APIs).
NEWS
The European Payments Council (EPC) has published the SEPA Request-To-Pay (SRTP) Inter-SRTP Service Provider (SP) API Specifications, completing its suite of documentation for the SRTP scheme. The specifications, effective from 5 October 2025, detail APIs based on the ISO 20022 messaging standards to support SRTP flows. It specifies the communication protocols between the Payee's SP (client) and the Payer's SP (server), including the option for asynchronous callbacks via URL. The specifications align with version 4.0 of the SRTP Scheme Rulebook and are intended to assist developers and technical solution providers in implementing SRTP-compliant solutions across Europe.
NEWS
The European Payments Council (EPC) has published the verification of payee (VoP) application programming interface (API) specifications. The EPC has also published the updated API security framework. The specifications and the updated framework will take effect on 5 October 2025.
NEWS
The European Payments Council (EPC) has issued the first version of the Verification of Payee (VOP) scheme rulebook. It is designed to support payment service providers (PSPs) across the Single Euro Payments Area (SEPA) in meeting the new regulatory requirements outlined in the EU Instant Payments Regulation (IPR) amending the SEPA Regulation.
NEWS
The European Payments Council (EPC) has published guidelines for the EPC Directory Service (EDS) via its Web Graphical User Interface (GUI) providing detailed instructions on its usage. Participants can access the EDS through both the Web GUI and through EDS application programming interfaces (API).
NEWS
The European Payments Council (EPC) has published revised clarification papers for the EPC Payment Scheme Rulebooks and updated recommendations on customer reporting, effective 25 April. The updates include Clarification Paper Version 3.1 for the 2023 and 2025 SEPA Credit Transfer (SCT) and SEPA Instant Credit Transfer (SCT Inst) rulebooks, and Version 4.1 for the 2023 and 2025 SEPA Direct Debit Core (SDD Core) and Business-to-Business (SDD B2B) rulebooks. The documents provide practical guidance for payment service providers when implementing these rulebooks and addressing scenarios not covered by them. Additionally, EPC has published updated recommendations on customer reporting for SCTs, One-Leg Out Instant Credit Transfer, and SEPA Direct Debits.
NEWS
The European Payments Council (EPC) has published its version 4.0 of the Single Euro Payments Area (SEPA) request-to-pay (SRTP) scheme rulebook, set to take effect on 5 October 2025. The updated rulebook aims to simplify and clarify the SRTP scheme whilst maintaining stability. The EPC has also published the completed change proposal submission document of the 2024 public consultation, including the Board's decision on each change proposal.
NEWS
The European Payments Council (EPC) has published ‘Verification of Payee (VOP) API reference toolbox (ART) – Test Cases document’. The Application Programming Interface (API) Reference Toolbox (ART) is a dedicated test environment developed to assist payment service providers (PSPs) and routing and verification mechanisms (RVMs) in verifying compliance with the EPC's VOP Inter-PSP API specifications. It enables users to test both the requesting (initiator of VOP request) and responding (data provider) roles of the API ecosystem. The Test Cases document outlines a series of both positive and negative test cases designed to validate the VOP solution.
NEWS
The European Payments Council (EPC) has released version 1.1 of all five 2025 EPC payment scheme rulebooks, which took effect on 5 October 2025. The updated rulebooks revise the date from which the use of the unstructured address format is no longer permitted to 15 November 2026, moved forward from the previous date of 22 November 2026 set in version 1.0. This amended date aligns with the November 2026 Swift Standards MX release date scheduled for the second full weekend of November 2026. The EPC confirmed that version 1.1 does not impact any other business or operational rules compared to version 1.0. The five updated rulebooks cover SCT, SCT Inst, SDD Core, SDD B2B, and OCT Inst payment schemes, with accompanying updated implementation guidelines and supporting documents also published.
NEWS
The European Payments Council (EPC) has launched a request for proposal (RFP) for the selection of a technology service provider in charge of providing, operating and supporting a test environment for the validation and self-certification of the verification of payee (VOP) API (both server-side and client-side) by the scheme participants. Responses are sought by 17 January 2025.
NEWS
The European Payments Council (EPC) has announced that it will be launching a request for proposal (RFP) for selecting a technology service provider in charge of developing and operating an EPC Directory Service (EDS). The EDS service provider was formerly known as Operating Scheme Manager (OSM) and the forthcoming RFP follows up the RFI on OSM, launched a year ago. The issuing of the RFP is planned for April 2024.