Council adopts regulation on instant payments

The European Council has adopted a regulation that will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries. The new rules will allow people to transfer money within ten seconds at any time of the day, including outside business hours, not only within the same country but also to another EU member state.

• Use cases, geography and tags
• Organizations that created, adopted or are mentioned
• Ecosystem position
• Link to the original asset
• Comments and reactions