Tag: cross-currency payment
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EPC goes live with its OCT Inst cross-currency payment scheme
The European Payments Council (EPC) has officially launched its OCT Inst cross-currency payment scheme, revolutionizing the way international transactions are conducted. This new system offers a seamless and efficient solution for cross-border payments, providing customers with faster, more secure, and cost-effective transactions. What is OCT Inst? OCT Inst refers to the “Octobus transaction instant”…