July 2023


Information about the NPC approach with regards to the European Payments Council's the SEPA Request-to-Pay Scheme Rulebook.

The NPC’s vision is to harmonise payments in the Nordics and towards the euro-zone. In line with this, the NPC has the ambition that the European Payments Council (EPC) SEPA Request-to-Pay (SRTP) Scheme Rulebook can be used for the Nordic region. A pre-requisite for this is that the SRTP Scheme Rulebook will become currency agnostic for European currencies. This is now decided and included in current SRTP Scheme Rulebook, meaning that it can be used for requesting payment initiation in the Nordic currencies Danish Kroner, Swedish Krona and Norwegian Kroner, and any other SEPA area currency.

NPC’s work regarding Request-to-Pay towards the EPC

The objective for the NPC is to contribute to harmonised payments in the Nordics.
The NPC has a strong commitment to ensure a Request-to-Pay (RTP) scheme for the Nordics and for Nordic currencies. Therefore, we have through the Nordic representatives in the EPC contributed to the work designing the SRTP for the Nordic needs.
The most important changes for the NPC and the Nordics have now been incorporated in the EPC SRTP Scheme Rulebook:

  • Currency agnosticism – to include the possibility to request payment initiation in the Nordic currencies Danish Kroner, Swedish Krona and Norwegian Kroner, and any other SEPA area currency
  • Addition of a URL – include as an optional feature to add a URL/link in the RTP-message, that could be used to access additional information for example to view or download an invoice.

The NPC has produced a clarification report written to the Nordic actors to further explain the usage of the EPC SRTP Scheme Rulebook.

About the Request-to-Pay function

Requesting a payment in exchange of goods or service can in the future become a standardised foregoing part of a payment transaction. This will happen if the payments markets implement a new scheme for such a request-to-pay. The scheme will allow creditors (“payees”) to request payments from individual debtor (“payers”). This function is therefore called a “Request-to-Pay” (RTP).

A RTP Scheme Rulebook covers the set of operating rules and technical elements (including messages) that allow a payee to request the initiation of a payment from a payer in a wide range of physical or online use cases. The RTP is a messaging functionality. It is not a means of payment or a payment instrument, but a way to request an initiation of a payment.

The common rules and processes, as well as messages standards for RTP, are based on the international standards ISO 20022 and will facilitate payments to create interoperability as well as reachability between the different actors as participants in the Scheme.

To ensure reachability and interoperability between all the actors throughout the whole value chain, the participants in such a Scheme will consist of both PSPs and non-PSPs.
The 4-corner model in the Rulebook allows interoperability by nature and responds to the needs of an end-to-end user experience and “straight-through processing” when requesting a payment and involves multiple RTP service providers and payment networks.

EPC documentation for SRTP Rulebook v3.1

More information regarding the EPC SEPA Request-to-Pay (SRTP) Scheme Rulebook version 3.1 is available on the EPC website, where the updated version is now published.

In addition, EPC has published a Clarification Report with purpose to provide guidance and, where feasible, recommendations to the future SRTP scheme participants on matters that are not described in versions 3.0 and 3.1 of the SRTP scheme rulebook. With this additional clarification, the EPC aims to avoid a fragmented approach in the way the rulebook is implemented.