Regulatory readiness
Fully aligned with the EPC VOP Scheme Rulebook and Instant Payments Regulation milestones; roadmap already mapped to PSD3/PSR.
VOP Verification of Payee
EPC‑aligned VOP compliance for Instant Payments & PSD3, delivered with SurePay
- Powered by Europe’s leading VOP specialist
- Trusted by 200+ institutions
- 10 bn+ checks processed
About VOP
Verification of Payee (VOP) ensures that the name and IBAN in a credit transfer match before a payment is processed. It plays a critical role in reducing fraud, preventing misdirected funds and safeguarding both customers and institutions from operational risk and reputational harm.
As real-time euro payments become mandatory across Europe, the European Commission has made VOP a cornerstone of the Instant Payments Regulation. The goal: to make instant payments not just fast, but secure and trusted across the EU. By requiring banks and other PSPs to verify payee details before executing transfers, VOP helps build a safer payments ecosystem.
Core features
Proven accuracy and scale
Extensively validated across more than 200 banks and payment providers and three national roll‑outs (NL, BE, DK), handling high daily volumes with consistent match quality.
Rapid API deployment
Standard REST API, sandbox environment and reference flows help projects reach production in weeks rather than months. Batch processing supported for treasury and back‑office use cases.
Multi‑scheme reach
Single integration opens access to EPC VOP, UK Confirmation‑of‑Payee, SEPAmail (FR) and CBI (IT), plus SWIFT Pre‑Validation for cross‑border traffic.
Fraud‑risk indicator
Optional SurePay Fraud Risk Indicator (FRI) flags anomalous beneficiary details in real time, strengthening pre‑payment controls and reducing mis‑directed transfers.
Trusted partner
European VOP pioneer
Since 2017 SurePay has processed more than ten billion name‑matching requests. Its operational know‑how has contributed to the development of the EPC scheme while supporting mandatory VOP roll‑outs in the Netherlands, Belgium and Denmark.
Breadth of coverage
Beyond the core EPC scope, SurePay connects to the UK Confirmation‑of‑Payee network, SEPAmail (France), CBI (Italy) and SWIFT Pre‑Validation, offering a single pathway to multiple regimes.
Performance & assurance
Typical response times are measured in a few hundred milliseconds, with high‑availability infrastructure, ISO 27001 certification and audited security controls that meet banking standards.
How it works
Verifications of Payee consists of an intelligent and robust algorithm that can be easily integrated into your banks’ online environment through an API.
Your bank sends a request containing the name and account number the user of online banking has entered. The algorithm verifies these details against the data delivered by the Payee bank and your bank will receive the matching results in the response.
The response your bank receives from SurePay contains not only the matching result (match, close match, no match) but also information on the status of an IBAN (active, suspended, not valid, foreign etc.) and sometimes a name suggestion (the name as known to the bank).
API request
Your system submits name+IBAN (or bulk file)
Matching
SurePay algorithm compares details against the payee bank’s dataset.
Result
- Match
- Close match
- No match plus optional IBAN status
API request
Your front‑ or back‑office decides what to display or block
Value proposition
VOP roadmap
09/10/2025
VOP live for euro-area credit institutions
2026
PSD3/PSR enters into force
09/04/27
VOP live for
euro-area EMIs/PIs09/07/27
VOP live for non-euro institutions
- 2026-27 (est.)
Instant Payments Regulation
Broader VOP coverage for all SEPA credit transfers
Do you want to know what we could build together?
Or get a product demo? Get in touch and we will evaluate how we may help you.