Central Banking

Euro Retail Payments Board sets out work plan in wake of Sepa migration

Sepa Council successor will now be chaired by Yves Mersch after reshuffle

Yves Mersch
Yves Mersch heads the ERPB

The Euro Retail Payments Board (ERPB) believes there is "still work to be done" to ensure that all direct debit payments migrate to the Single Euro Payments Area (Sepa) by the revised deadline of August 1, but its members are now focusing on "post-migration issues" with retail payments.

The ERPB was created in December as a successor to the Sepa Council, to drive further "innovation, competition and integration" in the retail payments market. In its first meeting, held in May, the board

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