Confirmation of Payee - PSR's response to Call For Views

Issue 187 Online Edition | 21 October 2021

Oct 21, 2021

∙ Paid

Today (21 October 2021), the Payment Systems Regulator has published their findings from the call for views issued in May 2021 about Confirmation of Payee (CoP).

Introduction

APP scams and accidentally misdirected payments can cause significant harm to consumers. Confirmation of Payee (CoP) is a service that aims to prevent certain types of scams and misd…

Keep reading with a 7-day free trial

Subscribe to Payments:Unpacked to keep reading this post and get 7 days of free access to the full post archives.