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Tag archive: transactions

Payments 3.0: making the transition

The fast growth of e- and m-commerce is causing a fundamental change in the payments industry. Because the end-user is now the primary focus, payment transactions in themselves are becoming a ‘secondary priority’. Convenience and ease-of-use are the ultimate goal. This has led to a change in the traditional business model for the payments industry, […]

SEPA, the new domestic form of payment transfer

Although SEPA did not receive regular attention until recently, SEPA transactions have been processed since 2008. SEPA Credit Transfer (SCT) – the new European payment method – was introduced in February 2008. So far, this SEPA transfer method has primarily been used as an alternative to international payments (formerly referred to as cross-border transactions). Until […]