London, 12 June 2025 – TechnoXander, a leading provider of payment security and compliance solutions, is proud to announce that it has been officially approved as a Qualified RVM (Routing and Verification Mechanism) under the European Payments Council’s (EPC) Verification of Payee (VoP) Scheme.
This recognition reinforces TechnoXander’s position as a trusted and advanced VoP solution provider — fully aligned with the Instant Payments Regulation (IPR) and the EPC’s vision for a secure, real-time payment ecosystem across Europe. Our Qualified RVM status demonstrates our leadership in delivering compliant, future-ready infrastructure for instant payments.
“Verification of Payee is not just a regulatory obligation – it is a critical trust layer for Europe’s real-time payments future,” said Sonal Bomb, CEO and Co-founder of TechnoXander. “Our qualification as a Qualified RVM under the EPC scheme, combined with years of experience delivering Confirmation of Payee solutions, means we can help banks and PSPs implement VoP faster, with fewer risks and greater certainty. We are here to simplify compliance while delivering meaningful fraud reduction and customer protection at scale.”
Key Benefits for Banks and Payment Service Providers (PSPs):
- Full Regulatory Alignment: TechnoXander’s VoP solution meets all EPC technical and operational standards under the Qualified RVM framework.
- Enhanced Fraud Prevention: Advanced name-matching and real-time verification capabilities significantly reduce the risk of misdirected and fraudulent payments.
- Faster Onboarding: Financial institutions using TechnoXander can expedite participation in the VoP Scheme, with compliance pre-validated.
- Future-Ready Infrastructure: Built with scalability, flexibility, and evolving regulations like PSD3 and SEPA Instant in mind.
As VoP becomes a cornerstone of secure instant payments across Europe, TechnoXander’s qualification represents a major step forward for institutions seeking trusted, efficient, and regulation-ready VoP implementation.
About TechnoXander
TechnoXander is a payment security and compliance technology company dedicated to empowering financial institutions with scalable, future-proof solutions for fraud prevention and regulatory alignment. Our mission is to make digital payments safer, smarter, and more compliant — across Europe and beyond.