Payments: EU Commission proposes to accelerate the rollout of instant payments in EUR

The Commission has on October 26, 2022, adopted a legislative proposal to make instant payments in euro, available to all citizens and businesses holding a bank account in the EU and in EEA countries. The proposal aims to ensure that instant payments in euro are affordable, secure, and processed without hindrance across the EU.

For more information, a press release, a Q&A and a factsheet are available online.