Tag: EPC
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EPC girds for 2024 CCCA fight
The Environmental Protection Coalition (EPC) is gearing up for the crucial 2024 Clean and Competitive Clean Air (CCCA) fight, a fight that will have far-reaching implications for environmental policies and sustainability efforts nationwide. The CCCA aims to lower greenhouse gas emissions and promote clean energy alternatives, fostering a healthier and greener future for all. The…
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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”…
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EPC publishes SPAA scheme’s default remuneration model
The European Payments Council (EPC) has recently released the default remuneration model for the Single Euro Payments Area (SEPA) Proxy-Addressed Authorization (SPAA) scheme. This highly anticipated move aims to establish transparency and standardization within the payments industry, providing insights into the remuneration structure for participants. Understanding the SPAA Scheme The SPAA scheme is designed to…