Verification of Payee — SEPA Compliant, Self-Serve
Verification of Payee (VoP) is now mandatory across the Eurozone under the EU Instant Payments Regulation. Vopify gives finance teams and payment operations professionals direct access to real-time VoP checks — with no enterprise contract, no integration project, and no sales call required.
What is Verification of Payee (VoP)?
Verification of Payee is a payment security mechanism that checks whether the name of the intended payee matches the name registered to their bank account before a payment is executed. It was made mandatory for all Payment Service Providers (PSPs) in the Eurozone on 9 October 2025 under the EU Instant Payments Regulation (IPR), Regulation (EU) 2024/886.
VoP results explained
Full Match
The name provided exactly matches the account holder name at the destination bank. Safe to proceed.
Partial Match
The name is similar but not exact. Vopify shows the correct name held by the bank so you can verify with your payee.
No Match
The name does not match the account holder on record. Do not proceed without contacting your payee to confirm their details.
Who needs Verification of Payee?
- Accounts payable teams verifying new supplier bank details before onboarding.
- Treasury teams running pre-payment checks on vendor master data.
- Fintech platforms embedding payee verification into their payment flows.
- Businesses responding to EU IPR compliance requirements.
SEPA VoP coverage
Vopify currently supports live Verification of Payee checks across all 20 Eurozone countries including Germany, France, Italy, Spain, the Netherlands, Belgium, and more. UK Confirmation of Payee (CoP) support is coming soon.