Friday February 21, 2020

Payments: Businesses struggling with Sepa system

A third of Irish businesses are struggling to come to terms with the new Single Euro Payments Area (Sepa) system, according to research by PricewaterhouseCoopers (PwC).

13th July, 2013

A third of Irish businesses are struggling to come to terms with the new Single Euro Payments Area (Sepa) system, according to research by PricewaterhouseCoopers (PwC).

In a survey of Irish chief finance offices, PwC found that, while nearly three-quarters said that they expect to meet the Sepa deadline of February 1, 2014, one in six reported that they are either not confident of meeting the deadline or didn't know if the Sepa applied to their organisation.

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