# European Payment Order

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{{Short description|Debt-collecting system in the European Union}}
{{Use dmy dates|date=August 2023}}
The '''European Payment Order''' ('''EPO''') is a system of cross-border [debt-collecting](/source/Debt_collection) methods established on 11 December 2006, used in the [European Union](/source/European_Union).

==Uses==
The European Payment Order is only available for cross-border cases. It allows for citizens and businesses to use a simple method to enforce uncontested payments. [Small business](/source/Small_business)es in particular should benefit from the EPO since it provides a simple, cost-effective method of collecting payments from a multinational group of customers.<ref>{{cite web| url=http://www.europarl.europa.eu/sides/getDoc.do?language=EN&type=IM-PRESS&reference=20061002IPR11283| title=Go-ahead for the European Payment Order| date=March 10, 2006| accessdate=2008-03-26| publisher=European Parliament}}</ref>

==Local law==
[Local debt-recovering systems](/source/Expense_and_Cost_Recovery_System_(ECRS)) work alongside the European Payment Order. [Creditor](/source/Creditor)s can choose which system they wish to use. One of the biggest benefits of using the European Payment Order is that it is specifically designed to work in multinational scenarios.<ref>{{cite web|url=http://www.lindorff.com/com/mainpage/news/article15113.ece |title=EU Member States to implement a common debt recovery procedure |date=December 12, 2006 |accessdate=2007-03-09 |publisher=Lindorff |archiveurl=https://web.archive.org/web/20070206011723/http://www.lindorff.com/com/mainpage/news/article15113.ece |archivedate=2007-02-06 |url-status=dead }}</ref>

==See also==
*[Debt collection](/source/Debt_collection)

==References==
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Category:European Union law
Category:2006 in European Union law
Category:2006 in the European Union
Category:European Union regulations
Category:Judicial cooperation in civil matters in the European Union

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Adapted from the Wikipedia article [European Payment Order](https://en.wikipedia.org/wiki/European_Payment_Order) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/European_Payment_Order?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.