The EPC is a financial sector association with a mission to promote payments harmonisation and integration throughout the Single Euro Payments Area (SEPA). The primary task of the EPC is to manage five payment schemes (the SEPA Credit Transfer (SCT) scheme, the SEPA Instant Credit Transfer (SCT Inst) scheme, the SEPA Direct Debit (SDD) and B2B Direct Debit (SDD B2B) schemes, and the One-Leg-Out Instant Credit Transfer (OCT Inst) scheme) facilitating over 50 billion trans…