SEPA Compliance

Governed entirely by European card schemes and payment institutions, EAPS is committed to the European payments market and supports open standards.  At an organisational level, EAPS actively contributes to the realisation of the Single Euro Payments Area (SEPA).  It does this by offering an alternative to the global card schemes to the European market, as requested by European authorities, which:

- Is open to participants including independent SEPA compliant card schemes, banks and payment institutions

- Separates card scheme and processing activities

- Increases competition in the marketplace

- Provides cost efficiencies

- Offers a transparent pricing structure

- Is compliant with the Payment Services Directive (PSD).

EAPS participants are committed to SEPA.