TechnoXander’s Verification of Payee Responder: Understanding the Responding Workflow
Check TechnoXander's Verification of Payee (VoP) Responder module and understand its working to know its worth for your company.
TechnoXander’s Verification of Payee Requester RVM: Decoding the Requesting Capabilities
Check detailed guide on TechnoXander's Verification of Payee RVM to understand its functionality and importance in the VoP ecosystem.
Optimising VoP Checks: The Role of Routing and Verification Mechanism
The European Payments Council’s (EPC) Verification of Payee (VoP) scheme focuses on predominantly fulfilling the EU legislative requirements set out by the IPR and emerges as a go-to set of guidelines for anyone looking to develop or implement VoP. The scheme aims to standardise the process of VoP checks ensuring that the 5000+ institutions talk […]
TechnoXander expands in Europe with EPC VoP-compliant RVM
TechnoXander, an approved Pay.UK scheme aggregator with extensive experience in delivering Confirmation of Payee (CoP) solutions to UK financial institutions, has registered with the European Payment Council (EPC) as a Routing & Verification Mechanism (RVM). This underscores TechnoXander’s commitment to advancing compliance and fraud prevention in instant payments with VoP-compliant RVM. As the only Pay.UK […]
EPC VoP Rulebook: Achieving Compliance with Instant Payment Regulation
The European Payments Council (EPC) plays a central role in the European payments ecosystem bringing harmony to payment processing across the SEPA zone. EPC has published the rulebook for Verification of Payee (VoP) which aims to bring uniformity and alignment to Eurozone payments. This rulebook is important for ensuring error-free payments and fraud prevention in […]
Verification of Payee (VoP): A Pillar in Instant Payment Regulation (IPR)
Understand Verification of Payee and see how it affects the latest Instant Payment Regulation (IPR) across the European Union.
8+ Key Benefits of VoP Implementation in 2025
Wondering why 5000+ Banks are taking a rational decision of Switching to VoP in 2025? The answer is, increasing number of APP frauds across the European Union and the anticipated increase in these numbers expected as European countries roll out Instant Payments. According to a report by The Global Treasurer, APP fraud is threatening European banking […]
Why Payment Delays in the UK Won’t Happen in Europe?
Check out the reasons for payment delays in the UK affecting Instant Payment guidelines and see if we can encounter the same in the Europe.
COP TF’s Role in the VOP Scheme Management
The Verification of Payee (VOP) Scheme plays a role, in ensuring that payments reach the intended recipients accurately thus minimizing the potential, for fraud and mistakes. Overseen by the European Payments Council (EPC) AISBL the VOP Scheme Management follows an approach to uphold its reliability and flexibility.
Verification of Payee (VoP) in 2024 – How it works?
In an age where digitisation is taking over, better security and accuracy of financial transactions is a must. To address the modern cybersecurity measures in financial domain, the European government has released its Verification of Payee (VoP) guidelines to revolutionise the banking system across Europe. Here’s how VoP could be changing things for financial and safety […]