The instruments involved are:
A. credit transfers
B. direct debits
C. debit and account-linked card
With regards to bank transfers and collections, the European Payment Council (EPC, an organisation set up specifically to coordinate the development and implementation of SEPA) has chosen a "replacement" strategy, i.e. by adopting two new payment systems in use throughout the SEPA.
For payment cards, which represent a more complex sector, it was decided that the existing circuits and the companies managing them would "adapt" to a new set of technical and operational standards and procedures.
For each instrument there is a "base" product that can be integrated with services at a higher added value (Additional Optional Services, AOS).