SEPA

GPTKB entity

Statements (61)
Predicate Object
gptkbp:instance_of gptkb:credit_card
gptkbp:aims_to simplify cross-border payments
gptkbp:enables faster payments
gptkbp:enhances payment efficiency
gptkbp:established_in gptkb:European_Union
gptkbp:facilitates e-commerce transactions
gptkbp:form Single Euro Payments Area
https://www.w3.org/2000/01/rdf-schema#label SEPA
gptkbp:improves payment security
gptkbp:introduced_in gptkb:2008
gptkbp:is_adopted_by gptkb:financial_institutions
government agencies
corporate entities
gptkbp:is_available_in 27 EU member states
4 non-EU countries
gptkbp:is_beneficial_for gptkb:tourism
international business
cross-border trade
expats
gptkbp:is_evaluated_by gptkb:European_Central_Bank
gptkb:European_Commission
national authorities
gptkbp:is_facilitated_by consumer trust
regulatory frameworks
business confidence
banking infrastructure
payment technology
gptkbp:is_linked_to gptkb:digital_media
gptkb:EU_Single_Market
gptkbp:is_managed_by gptkb:European_Payments_Council
gptkbp:is_part_of EU financial integration
EU payment systems
gptkbp:is_promoted_by gptkb:European_Commission
gptkb:European_Parliament
gptkbp:is_promoted_through training programs
awareness campaigns
gptkbp:is_regulated_by gptkb:European_Central_Bank
gptkbp:is_standardized_by credit transfers
direct debits
gptkbp:is_subject_to EU regulations
national laws
gptkbp:is_supported_by banks
technological advancements
payment service providers
gptkbp:is_used_by businesses
consumers
gptkbp:operates_under gptkb:European_Payments_Council
gptkbp:participating_nations gptkb:Iceland
gptkb:Liechtenstein
gptkb:Norway
gptkb:Switzerland
Eurozone countries
non-Eurozone EU countries
gptkbp:promotes financial inclusion
gptkbp:purpose facilitate cashless euro payments
gptkbp:reduces transaction costs
gptkbp:replaces national payment systems
gptkbp:supports gptkb:SEPA_Direct_Debit
SEPA Credit Transfer
gptkbp:bfsParent gptkb:ISO_20022
gptkbp:bfsLayer 5