Source: European Central Bank (video statements)
As of October 2025, non-bank Payment Service Providers (PSPs) meeting certain requirements will be able to access T2 (for settling payments) and TIPS (for settling instant retail payments), following the adopted policy of the Eurosystem. Find out more on the requirements and preparatory work to ensure their onboarding to TARGET and the related amendments to the TARGET Guideline.
Sylvain Debeaumont, Head of Market Infrastructure Management Division, ECB