Fri, Feb, 26 2010
The Single Euro Payment Area (SEPA),
hailed by its promoters as holding the
potential to provide the eurozone’s
GDP with a boost of up to 3 percent,
crossed the two-year mark on 28 January
2010 since the introduction of SEPA credit
transfers (SCT) in 2008. SEPA direct debits
(SDD) followed in November last year.