New Technologies in the Payment System Industries: The SEPA Project

Calabrese, Armando; Gastaldi, Massimo; Iacovelli, Irene; Ghiron, Nathan Levialdi
October 2010
American Journal of Economics & Business Administration;2010, Vol. 2 Issue 4, p384
Academic Journal
The article examines the efficiency of the Single Euro Payment Area (SEPA) payment system in Europe. It investigates the impact of the SEPA project on payment systems as well as the impact of related innovations on retail payments. The author comments on the effectiveness of the payment systems in reducing cash usage and reducing the cost of moving capital within the European economy.


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