With active vendors throughout Europe we – like others worldwide – are facing the Euro Zone standardization initiative for cross-border payments called SEPA, Single Euro Payment Area. The challenge for many of us will be to meet the February 1, 2014 deadline so that vendor payment satisfaction is not impacted by our failure to confirm to these new regulations.
Terms to Know
SEPA – Single Euro Payment Area. An initiative affecting EU (and select other) countries that...
