Delivering instant payments in Europe

There has been a lot of talk about European instant payments. With 2017 fast approaching, now is the time to look at practical delivery. We live in impatient times – everyone wants everything now. Digital services save time but raise expectations. The ‘business day’ has all but disappeared and instant payments align financial services with the 24/7 society. Almost a year has passed since the Euro Retail Payments Board (ERPB) invited the European Payments Council (EPC) to propose a design for instant SEPA payments. Much time has been spent discussing the best approach but it is time to consider practicalities. Read more: finextra.com