Verification of Payee (VOP)
Account name verification service that confirms payee account details before payment processing to prevent fraud and misdirected payments.
Account name verification service that confirms payee account details before payment processing to prevent fraud and misdirected payments.
Enhance trust, reduce fraud, and ensure compliance within SEPA payment flows
Provides secure, real-time verification of payee details in under five seconds, operating continuously to meet EC IPR SLAs and eIDAS security standards.
Facilitates rapid compliance with EU VOP regulations through a streamlined onboarding process and back-office integration, completed within four weeks.
Utilizes advanced, EPC-compliant matching algorithms to minimize false positives, thereby reducing close match cases and improving operational efficiency.
Offers a fully managed service available in both private and public cloud environments, supported by 24/7 assistance to lower operational overhead.
Enables financial institutions to streamline VOP fraud controls across all SEPA payment flows with a light-touch deployment, achieving operational status in just a few days.
Provides secure, real-time verification of payee details in under five seconds, operating continuously to meet EC IPR SLAs and eIDAS security standards.
Facilitates rapid compliance with EU VOP regulations through a streamlined onboarding process and back-office integration, completed within four weeks.
Utilizes advanced, EPC-compliant matching algorithms to minimize false positives, thereby reducing close match cases and improving operational efficiency.
Offers a fully managed service available in both private and public cloud environments, supported by 24/7 assistance to lower operational overhead.
Enables financial institutions to streamline VOP fraud controls across all SEPA payment flows with a light-touch deployment, achieving operational status in just a few days.
Meets eIDAS security standards and EC IPR requirements, ensuring full regulatory compliance while protecting against payment fraud and unauthorized transactions.
See how our Verification of Payee solution can ensure compliance within SEPA payment flows with real-time verification in under 5 seconds