Belgium was not one of the early adopters of the EU’s SEPA Instant Credit Transfer (also referred to as SEPA Instant or SCT Inst) real-time payments scheme, joining the platform nearly two years after it was introduced in November 2017. Since then, customers and businesses...
More than 60 countries globally have adopted or are in the process of developing a national or regional real-time payments scheme, according to a recent PYMNTS study on instant payments. In Europe, for example, the use of instant payments has grown significantly in recent years,...
According to a recent PYMNTS study on instant payments, there are more than 60 countries that possess or are in the process of developing a real-time payments scheme on a national or regional level. In Europe, instant payments have seen historic growth in recent years,...
The Baltic region, with a population of over 6 million, has grown into a thriving FinTech hot spot in Europe and a regional frontrunner in digital payments adoption. And when it comes to real-time payments, countries in the region were among the first to join...
March 19, 2023
According to a recent PYMNTS study on instant payments, there are more than 60 countries that possess or are in the process of developing a real-time payments scheme on a national or regional level. In Europe, instant payments have seen historic growth in recent years, with European Union countries leveraging their preexisting economic relationships to […]
June 23, 2022
In the context of European banking, customers increasingly expect real-time transactions, transparent exchange rates and reasonable transfer fees. In practice, however, the way banks operate doesn’t always align with customer...
April 11, 2019
JPMorgan announced this week it’s launching SEPA Instant in Europe as part of its efforts to advance its real-time payments offerings. In an announcement, the bank said the launch of SEPA Instant in Europe rounds out its real-time payment capabilities in USD, GBP, and EUR, something the bank said none of its rivals currently offer. “Adding […]
