Blog· 3min December 10, 2024
Last week, the eagerly awaited 2025 EPC payment scheme rulebooks were published, bringing key updates for all Payment Service Providers (PSPs) to comply with Regulation (EU) 2024/88, also known as the Instant Payment Regulations. With a deadline of 9th October 2025, one month earlier than the usual November release, the clock is already ticking for PSPs to absorb the impact of these changes.
While the SEPA Credit Transfer and SEPA Direct Debit rulebooks introduce relatively minor variations, the SEPA Instant rulebook enforces major changes for PSPs to contend with. At Form3, we are committed to ensure our customers are well-prepared and compliant. Below is a summary of the key changes in the SEPA Instant Credit Transfer Scheme Rulebook:
These changes are designed to enhance the efficiency and reliability of instant payments, ensuring that customers receive timely and accurate information about their transactions. At Form3, we are dedicated to keeping our customers informed and compliant with these new regulations.
Stay tuned for more updates and insights as we navigate these changes together. If you have any questions or need further assistance, feel free to reach out. Your compliance and success are our top priorities.
Written by
Having worked in payments for nearly 15 years, Nathan is a Senior Product Manager with responsibility for SEPA products in the European Payments team. He’s been at Form3 for 3 years and a real payments expert knowing the API inside out. He loves collaborating across the business, especially with our best-in-class engineers. Before Form3 Nathan worked for a large FI in UK payments for over 10 years leading Product, Operations and Service Management teams so has a real grasp on the challenges Form3 customers face in accessing payment schemes and the value of the Form3 platform.