• Consumers
• SMEs
• Merchants
• Corporates
• Public administrations
• Banks
• Payment sector suppliers

Consumers

• Consumers will be able to reach all accounts SEPA-wide from one home country account. More widely accepted payments cards will displace cash improving customer safety and security.

SMEs

• For smaller businesses (SME) faster settlement and simplified processing will improve cash flow and reduce costs. It will enable them to receive or make euro-payment anywhere within SEPA on the same basis.
• SEPA – What it means for small and medium sized businesses
  

Merchants

• Merchants will be able to accept payment cards from all SEPA countries and back office processes will be simplified.

Corporates

• For large merchants and corporates, common standards enable the construction of one standard platform for payments in the whole SEPA resulting in major savings. For example, one single file in a common format could be used to receive and send payments throughout SEPA.

Public administrations

• For governments and public administrations, common schemes and standards will enable the delivery of improved services to citizens at home and abroad. It will also facilitate the delivery of transaction-related e-Government services.

Banks

• Banks will have opportunities to develop innovative products, enter new markets and win new customers as well as increase the efficiency of back office processes.

Payment sector suppliers

• The payment sector suppliers will have an opportunity to develop low cost new technology products and services which will serve the single euro market.