People using mobile phones to make payments

Contributing to the future of payments in Europe

The EPC focuses on the harmonisation of electronic methods of payments in SEPA.

What we do
EPC schemes’ participants
Region             
SCT Inst
SCT
SDD Core
SDD B2B
OCT Inst
VOP 
RVMs 
Euro Area
2,736
2,959
2,665
2,251
95
2,745
 
 
Non-Euro Area
85
581
119
82
0
27
 
Total
2,821
3,540
2,784
2,333
95
2,772
58

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Insight

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SEPA INSTANT CREDIT TRANSFER SCHEME

0 payment service providers
have already joined the scheme:
0% of European PSPs and over 0% of PSPs in the euro area.

ESTIMATED SHARE OF SCT INST VOLUMES IN
TOTAL CT* VOLUMES

* SCT + SCT Inst.
SPAIN NUMBER NORWAY NUMBER FINLAND NUMBER ESTONIA NUMBER SWEDEN NUMBER LATVIA NUMBER BELARUS NUMBER LITHUANIA NUMBER GERMANY NUMBER POLAND NUMBER ICELAND NUMBER DENMARK NUMBER UNITED KINGDOM NUMBER IRELAND NUMBER NETHERLANDS NUMBER SWITZERLAND NUMBER LUXEMBOURG NUMBER BELGIUM NUMBER SPAIN NUMBER PORTUGAL NUMBER FRANCE NUMBER LIECHTENSTEIN NUMBER ITALY NUMBER UKRAINE NUMBER SAN MARINO NUMBER MONACO NUMBER MOLDOVA NUMBER TURKEY NUMBER ROMANIA NUMBER BULGARIA NUMBER GREECE NUMBER BOSNIA AND HERZEGOVINIA NUMBER NORTH MACEDONIA NUMBER ALBANIA NUMBER MONTENEGRO NUMBER KOSOVO NUMBER SERBIA NUMBER HUNGARY NUMBER SLOVAKIA NUMBER SLOVENIA NUMBER CROATIA NUMBER AUSTRIA NUMBER CZECH REPUBLIC NUMBER MALTA NUMBER CYPRUS NUMBER VATICAN NUMBER ANDORRA NUMBER
from
12
COUNTRIES
At least 1 SCT Inst participant and a majority of payment accounts in the country
At least 1 SCT Inst participant but no majority of payment accounts in the country
No SCT Inst scheme participants in the country
*SCT Inst scheme largely enumerates those having the most significant volumes in their countries.


Featured

Now is the time to join SCT Inst - a major advance for European payments

Since its launch in November 2017, the SEPA Instant Credit Transfer (SCT Inst) scheme has grown significantly. Find out more information about the latest SCT Inst achievements.

SCT Inst Today infographic preview
All eligible PSPs are encouraged to rapidly join it for the benefit of their customers and to help achieve the broadest coverage as soon as possible!
Want to board the instant payments train? Read more about SCT Inst.

POLL
March 2026

In your opinion what will be the most important topic facing the payments sector in 2026?

  • AI and agentic payments (14%)
  • Digital euro (18%)
  • Instant payments at POI (14%)
  • PSR/PSD3 (36%)
  • EU digital ID and wallet (16%)
  • Open banking (2%)

About SEPA


 

529+
million citizens

184
billion electronic payments per year

41
European countries

50
billion SCT + SDD received transactions in 2022, Euro area1

1Data released by the European Central Bank in 2024. Numbers include transactions based on domestic schemes.