In Spring 2003, the STEP2 XCT Service went live with 18 participants from nine countries. With the trust and support of our STEP2 community, STEP2 has turned into a Systemically Important Payment System for Europe, reaching over 4,800 PSPs across all SEPA countries.
Average daily transaction volumes went from 23K in 2003 to almost 8 million in 2013. Today, the system processes almost 63 million transactions per day on average. Happy Birthday, STEP2!
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