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In the first half of 2024 SEPA Instant CT accounted for 15% of the total number of credit transfer transactions processed by euro area retail payment systems: h
by wuming2 1y ago
In the first half of 2024 SEPA Instant CT accounted for 15% of the total number of credit transfer transactions processed by euro area retail payment systems: https://www.ecb.europa.eu/press/stats/paysec/html/ecb.pis2024h1~5263055ced.en.html https://www.ecb.europa.eu/press/stats/paysec/html/ecb.pis202...
With the harmonisation and almost free nature of ECB TIPS, becoming mandatory for all European payment service providers by the end of 2025, that figure will keep growing: https://www.ecb.europa.eu/press/intro/events/shared/pdf/fs22/2024-03-20_TIPS_the_European_instant_payment_settlement_engine_slides.pdf https://www.ecb.europa.eu/press/intro/events/shared/pdf/fs22...