Single Euro Payments Area

Overview

The Single Euro Payments Area (SEPA) is a European Union initiative that simplifies bank transfers denominated in euros.
It allows individuals and businesses to make cross-border electronic payments across Europe under the same conditions as domestic payments.

• Coverage: 36 European countries.
• Transactions: Credit transfers, direct debits, and card payments.
• Standards: ISO 20022 XML messaging.

Reference - European Payments Council

My Contribution

• Spearheaded the development of SEPA outbound and inbound collections.
• Implemented lead days validations for Recall initiations through API.
• Developed and integrated Return and Reject functionalities with sanctions for SEPA.
• Ensured compliance with international payment standards and improved system robustness.

Tech Stack

• Node.js · LoopBack.io · Redis · Node-RED · RabbitMQ · Microservices · Python · JavaScript · JSON