InstaPay Community Survey - March 2017 Are you ready for SEPA instant payments (SCT Inst)? Question Title * 1. How important will joining the new SCT Inst scheme be to European and global banks? Very important Not important Important Of some importance Question Title * 2. How will European banks approach SCT Inst adoption? As part of a digital banking transformation program Combined with their PSD2 program As a specific program for instant payments Other (please specify) Question Title * 3. Who will benefit the most from the European SCT Inst scheme? (Please rank with 1=greatest benefit and 5=least benefit) 1 2 3 4 5 6 Consumers 1 2 3 4 5 6 Small and Medium sized enterprises 1 2 3 4 5 6 Corporates and Multinationals 1 2 3 4 5 6 Banks and Payment Service Providers 1 2 3 4 5 6 Central banks, Governments and European Institutions 1 2 3 4 5 6 Fintechs Question Title * 4. How will SCT inst benefit your organisation? Customer retention strategy Customer acquisition strategy Opportunity to launch new services Opportunity to drive new revenues Corporate strategic and branding reasons Other (please specify) Question Title * 5. How significant are the following challenges for banks when looking to join the SCT Inst scheme? Very significant Significant Not significant Business case Business case Very significant Business case Significant Business case Not significant Interpreting regulations and understanding requirements Interpreting regulations and understanding requirements Very significant Interpreting regulations and understanding requirements Significant Interpreting regulations and understanding requirements Not significant Technical integrations Technical integrations Very significant Technical integrations Significant Technical integrations Not significant Solutions availability Solutions availability Very significant Solutions availability Significant Solutions availability Not significant Resource availability Resource availability Very significant Resource availability Significant Resource availability Not significant Other business priorities Other business priorities Very significant Other business priorities Significant Other business priorities Not significant Other (please specify) Question Title * 6. When is your organisation planning to join SCT Inst? For November 2017 launch By end of 2018 By end of 2019 No plans to join Not relevant Other (please specify) Question Title * 7. Which type of overlay services do you feel offers the greatest potential to your organisation? Support for mobile phone number identifiers Support for email address identifiers Request for payment option Not sure yet Other (please specify) Question Title * 8. Which route will you use to access the SCT Inst scheme? National instant payment scheme National clearing system Single Clearing and Settlement Mechanism (CSM) Multiple Clearing and Settlement Mechanism (CSM) Via another Financial Institution Not applicable Other (please specify) Question Title * 9. Which Clearing and Settlement Mechanisms (CSM) do you favour? EBA Clearing VocaLink EquensWorldline STET Nets ICBPI IberPay None of the above Other (please specify) Question Title * 10. Has the European Central Bank (ECB) Target Instant Payments Settlement (TIPS) announcement affected your planning for Instant Payments? Yes Potentially No Not sure yet Not relevant Done
