EPC QR code
| European Payments Council Quick Response Code | |
| Latest version | 2.10 17 June 2024 |
|---|---|
| Organization | European Payments Council |
| Website | www |
The European Payments Council (EPC) Quick Response (QR) code is a technical standard by the European Payments Council. It uses a QR code containing all the necessary information for initiating a SEPA credit transfer (SCT). It is commonly used on invoices and payment requests in the countries that support it (Austria, Belgium, Finland, Germany, The Netherlands).
The EPC guidelines[1] are available from the EPC itself. Another version[2][3] has also been published by the Federation of Finnish Finance Services (FFI).
Sample content of QR Code
[edit]| Service Tag: | BCD |
| Version: | 001 |
| Character set: | 1 |
| Identification: | SCT |
| BIC: | BPOTBEB1 |
| Name: | Red Cross |
| IBAN: | BE72000000001616 |
| Amount: | EUR1 |
| Reason (4 chars max): | CHAR |
| Ref of invoice: | Empty line or REFINVOICE |
| Or text: | Urgency fund or Empty line |
| Information: | Sample EPC QR code |
So the QR string could be
BCD 001 1 SCT BPOTBEB1 Red Cross of Belgium BE72000000001616 EUR1 CHAR Urgency fund Sample EPC QR code
History
[edit]In 2012, the Austrian payment facilitator STUZZA[4] (now part of PSA Payment Services Austria) defined the content of a QR code that could be used to initiate money transfers within the Single Euro Payments Area.
In February 2013, the European Payments Council (EPC) published the document 'Quick Response Code: Guidelines to Enable Data Capture for the Initiation of a Credit Transfer'. [5]
These guidelines were quickly adopted by the Austrian banks. These QR code can be recognised thanks to the words "Zahlen mit Code" (Pay with Code) on the right.[6]
These guidelines were later on used in Finland in 2015,[7] Germany in 2015[8] and the Netherlands [9] in 2016.
See also
[edit]References
[edit]
- ^ EPC guidelines
- ^ "Federation of Finnish Finance Services guidelines" (PDF). Archived from the original (PDF) on 2017-08-15. Retrieved 2017-08-15.
- ^ Internet Archive version of Federation of Finnish Finance Services guidelines
- ^ "Stuzza - Studiengesellschaft für Zusammenarbeit im Zahlungsverkehr GmbH" (in German).
- ^ "Quick Response Code Guidelines to enable data capture for the initiation of a sepa credit transfer".
In February 2013, the European Payments Council (EPC) published the document 'Quick Response Code: Guidelines to Enable Data Capture for the Initiation of a Credit Transfer'
- ^ PSA "Zahlen mit code"
- ^ "Guidelines from the FFI" (PDF). Archived from the original (PDF) on 2017-08-15. Retrieved 2017-08-15.
- ^ Girocode in Germany
- ^ free EPC QR code for EU