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Transcript

What comes after Confirmation of Payee?

Issue 654: 7 October 2024

What comes after Confirmation of Payee?

It’s time to start preparing for EU Verification of Payee (VoP) for mainland / EU operations.

Webinar: Thu 24 Oct at 10:00 – 11:00 BST​ Register today!

Now that you’ve successfully implemented Confirmation of Payee (CoP) in the UK, it’s time to look ahead. If your payment services are extending into mainland Europe, the next critical step is to consider Verification of Payee (VoP).

This is essential as Instant Payments become the norm across the EU.

As UK Payment Service Providers (PSPs) face increasing regulatory pressures, security demands, and the challenges of fighting fraud, it’s crucial to stay ahead.

In this webinar, we’ll discuss how SurePay’s Confirmation of Payee (CoP) and Verification of Payee (VoP) services are designed to help UK PSPs not only comply with legislation, but also enhance security and operational efficiency.

Why attend?

  • Meet Regulatory Requirements: After CoP, European regulation demands Verification of Payee implementation before 9 October 2025.

  • Prevent Fraud: Discover how our CoP and VoP solutions significantly reduce misdirected payments and push payment fraud, with proven results like an 81% reduction in impersonation scams.

  • Prepare for Instant Payments: As Instant Payments become standard across Europe, we’ll explore how VoP is indispensable for UK PSPs operating in European markets.

  • Enhance Efficiency & Customer Trust: Understand how our solutions not only prevent fraud but also improve operational efficiency and build stronger customer trust.

Who should attend?

Webinar: Thu 24 Oct at 10:00 – 11:00 BST

This webinar is designed for UK Payment Service Providers, fraud prevention specialists, compliance officers, and anyone involved in payment processing who wants to stay ahead of regulatory requirements and enhance their payment security.

Register today!

Register: What comes after CoP?​

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