Payments providers split over Sepa end dates

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Proposals for a separate end date for credit and debit transfer migration under the Europe's Single Euro Payments Area (Sepa) initiative, received a mixed reaction from government and banking institutions.

Public consultations on end dates released on Tuesday by the European Comission showed some groups agreed on proposals made by the Sepa Council in June to have a different end date for credit and debit transfer migration, while others prefer a single end date, and others no end date at all.

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