SEPA will survive even if the Euro doesn’t, according to a new survey.

Nearly 70 per cent of respondents believe the Euro will not survive in its current form, although overall sentiment with regards to the Euro and SEPA was more positive. Meanwhile, the views around the impact of the Payment Services Directive (PSD) are less clear, with the majority not seeing much impact yet.

The fourth State of the European Payments Marketplace survey, with over 350 participants from 53 countries, shows an increasing expectation of success for SEPA. Conducted by the Financial Services Club and sponsored by European Banking Association and Logica, it also highlights the growth in real-time payments across the board.

“In 2011, Europe’s markets were even more challenged by the Eurozone’s issues but, surprisingly, the progress of the PSD and SEPA were seen as positive,” says Chris Skinner CEO at the FS Club. “This year we have also continued our analysis of the relationship between banks and their corporate clients, which highlights some interesting differences.”

The survey also reviews issues around liquidity risks, where 86 per cent of bankers were in agreement that pressures on balance sheets for banks and corporates as well as new regulations, are driving increased activity around liquidity with a new technology helping the drive to real-time liquidity management.

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