All payment service providers (PSPs) are obliged to offer the Verification of Payee (VOP) service within SEPA by October 2025. Each PSP has to setup its own VOP service or select a VOP service provider.

The Verifiction of Payee (VOP) scheme will be the standard underlayer for exchanging messages between Payment Service Providers (PSPs) to verify the Name-IBAN combination a payment service user (PSU) wants to use for making a payment. Being another brick in the wall against fraud, the VOP service will increase the PSUs’ confidence. Verification of Payee (VOP) is one of the European Payments […] The post All payment service providers (PSPs) are obliged to offer the Verification of Payee (VOP) service within SEPA by October 2025. Each PSP has to setup its own VOP service or select a VOP service provider. appeared first on NOCASH ® de 24 ani.

All payment service providers (PSPs) are obliged to offer the Verification of Payee (VOP) service within SEPA by October 2025. Each PSP has to setup its own VOP service or select a VOP service provider.

The Verifiction of Payee (VOP) scheme will be the standard underlayer for exchanging messages between Payment Service Providers (PSPs) to verify the Name-IBAN combination a payment service user (PSU) wants to use for making a payment. Being another brick in the wall against fraud, the VOP service will increase the PSUs’ confidence. Verification of Payee (VOP) is one of the European Payments […]

The post All payment service providers (PSPs) are obliged to offer the Verification of Payee (VOP) service within SEPA by October 2025. Each PSP has to setup its own VOP service or select a VOP service provider. appeared first on NOCASH ® de 24 ani.