SEPA indicators

The SEPA project intends to introduce a single set of payment instruments across Europe. To assess progress made in SEPA implementation, the European Central Bank and the European Payments Council have established a set of indicators that are collected according to a uniform methodology adjusted to each country's payment market situation: SEPA credit transfer indicator and SEPA cards framework indicator.

SEPA credit transfer indicator in Latvia

The first SEPA indicator on the SEPA credit transfers has been collected since 2008, indicating the share of those customer credit transfers which comply with the SEPA requirements at the bank-to-bank domain. In the second half of 2009, 55.1% of customer credit transfers met the requirements of SEPA credit transfers.

SEPA credit transfer indicator at the bank-to-bank domain (21 KB)
(Data for: I/2008 - XII/2009)
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SEPA cards framework indicator in Latvia

Currently the implementation of SEPA cards framework is characterised by migration to the EMV standards, i.e. the issue of cards according to the EMV standards, EMV options at POSs and ATMs. At the end of the first quarter 2010, 98.7% of credit cards and 97.7% of debit cards were issued pursuant to the EMV standards as well as 88.7% of POSs and all ATMs had migrated to the EMV standards in Latvia.

SEPA cards framework indicator ( 29 KB)
(Data for: 2008/I – 2010/I)
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