Société Générale (SocGen) said that it continues to support its current and prospective customers through migration to the single euro payments area (SEPA) by providing a dedicated educational and informative website: sepa.societegenerale.com.
“This change concerns every business that carries out credit transfers and/or direct debits in euros within the SEPA zone,” says SocGen. “The aim of this new website is to increase awareness amongst economic players of the need to migrate by 1 February 2014.”
Despite faster payment technologies, business-to-business payments by paper cheque show no sign of decline from three years ago.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A paper from the independent researcher analyses whether Bitcoin will crowd out fiat currencies in the global community.
Nordic payments processing firm Nets Holdings is planning an IPO in Copenhagen this year.