Fintech Podcast By Ir

Is SEPA’s Initiative for Instant Payments a Disruptive Game-Changer?

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Synopsis

The Single Euro Payments Area (SEPA) has historically been a method of transferring payments between countries that use the Euro. Now it’s attempting to evolve with a new initiative called ‘instant payments’. As the name implies, it’s a way of transferring funds almost immediately. This kind of feature isn’t widely available today, but is it poised to take off?