Instant Payments in Europe 7

Mark my words, Instant Payments or Real Time Payments will be hot in 2015! Globally there are various Instant or Faster Payments initiatives already in place, and many more being considered – but what is the European / SEPA take on Instant Payments? With the SEPA region in mind, what are Instant Payments, what is the Instant Payments ...

SEPA Rulebooks 2015 – 5 Things You Need to Know 4

Alright, first things first – I realise I have not been posting much recently… I will redress the balance and share some hopefully (!!) useful posts between now and Christmas. Please look out for those…. That said, there has not been much SEPA related news since my last post, SEPA is Here..! Most people are now ...

Starbucks Mobile Payments – So What? 2

Anyone who is closely watching the mobile payments space will constantly hear and read about the explosion of mobile payments in various African countries and the growth of the Starbucks mobile payments app. When you consider these two trends side by side, it is somewhat astonishing. On the one hand you have the enabling, empowerment ...

SEPA Holidays 2015 / 2016 – YOU Need to Know These Dates! 6

Normally when you hear about public holidays in other countries you don’t pay too much attention, why should you? In the ‘old days’ of national clearing systems your euro currency payments and direct debit collections were processed according to your national work days and you knew exactly when there was a national public holiday. With ...

Why SEPA Batch Booking Is Important 13

In the last few weeks I have come to realise the importance of the SEPA Batch Booking tag, <BtchBookg>. The tag is one I was familiar with, but didn’t realise the significance of. During a SEPA payments go live we started seeing a debit for every single payment in the bank statement. Oh nuts! The requirement was ...

5 SEPA Credit Transfer Go Live Checks You Cannot Miss 6

Like many corporates, you’re going live with a / many SEPA Credit Transfer interfaces in the coming weeks or indeed months. Most of the hard work should have been done by now, and you want to double check and validate you’re ready. Following is a list of 5 SEPA Go Live checks you cannot afford to miss: ...

A Must Visit Website for any SEPA Implementation… 5

I know what you’re thinking, he’s going to plug his own website 😉 By now, i think we’re all realising the pain point of any implementation is the validity of the BIC information. There are of course many sites that can help you with this particular problem area. But there is one that deserves special attention for ...

SEPA Payroll – Deadline: October 2013…

Sorry for the shock headline, but with reference to salary payments consider this – alot of companies pay their employee salaries at the end of the month. In terms of timelines payroll is a key process that happens once a month, at the end of the month, and cannot go wrong. You have the potential ...

SEPA Credit Transfer – A Quick Overview 14

There is alot of blurb out there about SEPA Payments, SEPA Credit Transfers – SCT. You can spend hours reading that, here i want to cut to the chase and give you a quick overview of some of the information i have found most useful. SEPA Credit Transfers: My first port of call for relevant ...