Risky Last-minute Strategy For Migration

Companies expect liquidity problems to find out whether German companies, associations and the public authorities now more intensively to the subject of SEPA and its effects take care and are equipped for the upcoming February changeover to SEPA, ibi research now for the second time in 6 months together with van den has conducted a survey, the Bank-Verlag, Berg InterCard. In this study, it was analyzed, what effect does SEPA on the payments, what is the current status of the SEPA implementation in Germany and how this evolved compared to the initial survey. The single euro payments area (SEPA) is the third level of the changeover to the euro. But while everyone had the euro on the screen during the introduction of book – and especially cash, SEPA is a shadowy in the Federal Republic. This is worrying, because starting from February 1, 2014, the use of the existing national transfer and direct debit schemes is no longer possible.

You are from the Europe-wide payment methods, the SEPA credit transfer and the SEPA direct debit, superseded. For this reason, many processes payment transactions must be adapted. Already half a year ago, exactly a year before switch-off of the national payment procedures, ibi research in the study of SEPA implementation in Germany had”for the first time examined the State of implementation in German organisations. The results of this study were terrifying precisely because the even then few work days remaining to the changeover and the required extensive adjustments: about one-third of all companies surveyed, authorities and associations had heard only vague notions of SEPA or none of it even more. A second survey by ibi research during the period April to July therefore investigated how is the current status of the SEPA implementation in businesses, government agencies and associations and how this evolved compared to the initial survey. Some key findings of the second study are summarized below: SEPA is about one-fifth of respondents not yet aware: 22% have only vague claims Performances by SEPA or even still never something like this belongs to only one-third of the companies using the SEPA credit transfer about 30% plan until February 1, 2014 the exclusive use of the SEPA credit transfer that is use of the SEPA direct debit is when most organizations from the second half of 2013 plan at 20% of the respondents the date on the final transition to the SEPA direct debit is still not firmly the exclusive use of the SEPA direct debit until end of 2013 or even early 2014 to businesses Respondents who use SEPA direct debits or intend this be can not long the direct debit renounce: 27% of the companies surveyed indicated, already after 5 or less days by missing debit inputs into liquidity problems to come, many companies have not present direct debits for your existing direct debit indentation approximately 10% of respondents online retailers plan already, to abolish the direct debit as offered payment methods in your Web shop the respondents expect especially shorter Transit times for cross-border payments in the SEPA area most are steps to migration in Q4 2013 11% of respondents are the results of the second survey expect that their systems are moved until after February 1, 2014 to SEPA show that SEPA is indeed now more anchored in the consciousness.