Migration indicators
To monitor the usage of the new SEPA payment instruments the Eurosystem compiles quantitative SEPA indicators. See also Second SEPA migration report (October 2013).
These indicators will be compiled during the period of SEPA migration when both national legacy non-SEPA instruments as well as the new SEPA instruments are offered and used in parallel. The Eurosystem does so because it acts as a catalyst for the SEPA project and closely monitors its implementation including the migration towards the new SEPA payment instruments. More about the role of the Eurosystem.