Logica & SEPA : Single Euro Payments Area

The European Parliament has now confirmed the deadline to change to the new schemes for SEPA Credit Transfers (SCT) and SEPA Direct Debits (SDD) as 1st February 2014. In non-Euro countries the deadline is 31st October 2016. This announcement finally removes market uncertainty over whether an end-date would be set. Doing nothing is not an option- time is running out for businesses to act.

The sweeping changes to the European payments landscape under SCT and SDD will present corporations with a complex set of challenges. But ultimately the move to standardise payments in the eurozone – as part of the Single Euro Payments Area (SEPA) initiative – represents a huge opportunity for corporates to overhaul their cash management and collection processes and leverage their banking relationships.

We are uniquely well placed to support Banks & Corporates in meeting the challenges and opportunities of SEPA.

Our clients, being Bank or Corporate, are active leaders in the market, using our solutions to boost their dominance in the market. Today, our technology is used to process 15% of SDD transactions in Europe, surpassing any other provider in the market.

Please visit our new SEPA Microsite for everything you need to know about SEPA.  

Gilbert Lichter talks on the importance of SEPA
EPC Video - An introduction to SEPA

For Corporates
SEPA Logica Mandate Management  Service for Corporates
SEPA Logica Mandate Management - Business Case
SEPA Direct Debits

For Banks
SEPA Logica Mandate Management Service
Logica All Payments Solution Video
Deutsche Bank Case Study
SEPA - Payment Solutions Factsheet
Logica All Payment Solutions Brochure

If you want to learn more about our SEPA services and solutions, we have SEPA experts located in 17 countries across Europe. To get in touch contact financial.services@logica.com