Impact of the Implementation of the SEPA Project on SMEs

Otakar Schlossberger

European Research Studies Journal, 2016, vol. XIX, issue 4, 109-119

Abstract: SEPA – Single European Payments Area is a project that has been running since 2002 in the European Economic Area (hereinafter "EEA") and Switzerland and concerns the rationalisation of domestic and cross-border payments services. It has been implemented by banks and other entities, providing the service of domestic and cross-border payments, and it is used by entities who are clients of the stated institutions. This paper will use the method of induction and analysis to point out the potential consequences of its implementation for the segment of small and medium-sized enterprises (hereinafter "SMEs") in the Czech Republic (hereinafter "the CR"). A hypothesis was formed, based on an assumption that "wide-spread application of the SEPA project will simplify, and make cheaper, cross-national payments in particular for the SME segment in the long term".

Keywords: SEPA; payments services; SCT; SDD; SEPA cards (search for similar items in EconPapers)
JEL-codes: F G K (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.ersj.eu/repec/ers/papers/16_4_p9.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xix:y:2016:i:4:p:109-119

Access Statistics for this article

More articles in European Research Studies Journal from European Research Studies Journal
Bibliographic data for series maintained by Marios Agiomavritis ().