VocaLink, an EPIFobserver, has published a White Paper on Instant Payments. The White Paper explores what will happen to SEPA after Instant Payments becomes a reality. It considers how Instant Payments may eventually become the “new normal! for Europe or “SEPA 2.0”, how this convergence to SCT Inst will affect the stakeholders and what levers there are to guide and tune the convergence process.