Verification of Payee (VoP)

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TechnoXander Verification of Payee (VoP) API is a cutting-edge solution for all your name and account verification checks when processing SEPA Payments. Our Verification of Payee (VoP) API verifies payee’s name before any transaction, putting an extra layer of security to prevent APP fraud. Considering the increasing number of APP scams, TechnoXander VoP API aims to secure all payments by verifying payee’s name and IBAN before a payment is initiated. Our Verification of Payee solution is easy to integrate and complies with the European Payment Council (EPC), Nordic Payment Council (NPC) and Single Euro Payments Area (SEPA) regulations.