Single Euro Payments Area (SEPA)
GPTKB entity
Statements (52)
Predicate | Object |
---|---|
gptkbp:instance_of |
gptkb:Telecommunications_company
|
gptkbp:aims_to |
simplify bank transfers in euros
eliminate differences between national and cross-border payments |
gptkbp:applies_to |
all euro transactions
|
gptkbp:based_on |
ISO 20022 standard
|
gptkbp:created_by |
gptkb:legislation
|
gptkbp:encourages |
competition among banks
|
gptkbp:enhances |
consumer protection
|
gptkbp:established |
gptkb:2008
|
gptkbp:facilitates |
cross-border euro payments
|
gptkbp:governed_by |
European regulations
|
https://www.w3.org/2000/01/rdf-schema#label |
Single Euro Payments Area (SEPA)
|
gptkbp:involved_countries |
gptkb:Iceland
gptkb:Liechtenstein gptkb:Norway Eurozone countries non-Euro EU countries |
gptkbp:is_a |
gptkb:Telecommunications_company
|
gptkbp:is_aimed_at |
enhancing payment efficiency
|
gptkbp:is_aligned_with |
EU payment services directive
|
gptkbp:is_characterized_by |
standardized payment formats
common regulatory framework harmonized payment processing rules |
gptkbp:is_designed_for |
individuals and businesses
|
gptkbp:is_designed_to |
facilitate euro transactions across borders
|
gptkbp:is_implemented_in |
banks and financial institutions
|
gptkbp:is_monitored_by |
gptkb:European_Banking_Authority
|
gptkbp:is_part_of |
gptkb:EU_Single_Market
EU financial market integration EU financial services policy |
gptkbp:is_promoted_by |
European institutions
|
gptkbp:is_recognized_by |
gptkb:legislation
gptkb:European_Central_Bank |
gptkbp:is_standardized_by |
payment instruments
|
gptkbp:is_supported_by |
payment service providers
national banks |
gptkbp:is_used_by |
businesses
individual consumers |
gptkbp:is_utilized_in |
recurring payments
consumer payments government payments business-to-business payments one-off payments |
gptkbp:operated_by |
gptkb:European_Payments_Council
|
gptkbp:payment_methods |
gptkb:SEPA_Direct_Debit
SEPA Credit Transfer |
gptkbp:promotes |
gptkb:labor_union
|
gptkbp:provides |
faster payment processing
|
gptkbp:reduces |
cost of cross-border payments
|
gptkbp:supports |
e-commerce transactions
|
gptkbp:bfsParent |
gptkb:SEPA_Direct_Debit
|
gptkbp:bfsLayer |
5
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