The goal of SEPA (Single Euro Payments Area) is to facilitate the emergence of a competitive, intra-European market by … making cross-border payments as easy as domestic transactions. With crossborder inter-operability for electronic payments …, card transactions will increasingly replace cash and checks for all types of payments. Using different methods, the authors …

is expected that the creation of a Single European Payments Area (SEPA) will spur consolidations and mergers among …