SEPA (Single Euro Payments Area) transfers are cross-border euro transactions that streamline payments between European countries. They allow businesses to send and receive funds as easily as domestic transfers within the Eurozone, covering 36 countries. The key benefit for businesses is reduced transaction costs and faster processing times compared to traditional international transfers. SEPA transfers also offer fee transparency, making cross-border trade more efficient and predictable for businesses operating across European markets. Additionally, SEPA payments improve cash flow and payment consistency for businesses dealing with euro transactions.