Against this active background of debit evolution, MasterCard Europe today restated its platform for the SEPA. "We are on the threshold of a truly single market for Europe's 456 million consumers. MasterCard Europe has an effective roadmap in place for European banks, with a SEPA ready product that will also set the standard for cost efficiency and innovation. With our SEPA action plan and the ongoing support of our European customers, we are ready as soon as the architects of SEPA open the way, to deliver an exciting and competitive 21st century payments landscape," said Dr. Alexander Labak, president of MasterCard Europe. The MasterCard Europe SEPA platform is based on the following six key features: "Other players in the sector are at a conceptual stage in the introduction of their SEPA solutions, with tests being conducted on a handful of transactions.