The SEPA Project as a Tool for European Integration in Payment System

The SEPA project was launched in 2008. This paper analyzes and evaluates the contribution of implementing the SEPA (Single Euro Payment Area) project as a means of European integration in payment and payment services through the description and analysis method. The contribution analyzes the legal aspects of the project, both European and national, with a link to the Czech Republic. It remains to be implemented and defines its link to cross-border payment. The article further considers and evaluates the SEPA share of the interbank clearing of payments in EUR within EEA (European Economic Area) countries. It is based on the hypothesis that "SEPA was and still is a contribution to European integration". The submitted contribution points to and demonstrates its veracity.