With the October 2025 VoP compliance deadline approaching, financial institutions and Payment Service Providers (PSPs) must prepare for new regulatory requirements. Our guide provides a step-by-step guide to understanding and implementing Verification of Payee (VoP) effectively.
The EU’s new VoP regulation requires all credit transfers, including SEPA instant payments, to include payee name verification. This is a critical step in reducing fraud and ensuring secure, frictionless transactions.
