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P2P transfers are just a convenient feature, using SCT Inst behind the scenes.

Pan-European payments are the bigger deal.

The first sentence is gibberish to me. The second one makes me want to ask the same question again: don't we have SEPA transfers already?

Transfers and payments aren't the same thing.

I do not understand your comments

If you can't be bothered to spend 10 seconds asking Google or your favorite LLM, I'm not sure why you come here to comment on the topic.

In most cases, you can't pay a merchant using a bank transfer. Businesses and consumers need payment systems. This is not particularly hard to grasp.

There is no need to be rude. I am receptive to your argument and trying to understand you, but brevity is not to your advantage here. I can use Google but I do not even know what you are trying to say in the context of my original question. Communication requires both players to participate.

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