SEPA strives to ease electronic payments across European Union
Now that the euro is firmly entrenched, the next big step for euro-using countries is SEPA, an initiative designed to make electronic payments easier from country to country.
When Europeans began migrating to the euro in 1999, the goal was a single payment vehicle usable in all euro-accepting countries. That meant the same currency in Germany was also acceptable in France. Forgotten–at least initially–was what to do with non-cash payments, those made with credit/debit cards.
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