Problem with SEPA payments and standard
SEPA means Single European Payments Area and includes countries in the European Union and some other countries where payments in EUR are enabled. Within the region, SEPA payments basically work as a domestic transactions, as they are carried out in the single currency (€). Talking from the view of programmers that will need to implement this standard… The idea of standardization was good and it should make life easier but in implementation they failed. While searching for XML standardization of SEPA payments I found too many different sources, and no…read more