Verification of Payee: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
(Add alternative abbreviation.) |
(Mend link.) |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 12: | Line 12: | ||
* [[Confirmation of Payee]] (CoP) | * [[Confirmation of Payee]] (CoP) | ||
* [[Euro Banking Association]] (EBA) | * [[Euro Banking Association]] (EBA) | ||
* [[European Payments Council]] (EPC) | |||
*[[Faster Payments]] | *[[Faster Payments]] | ||
*[[Financial Conduct Authority]] (FCA) | *[[Financial Conduct Authority]] (FCA) | ||
| Line 23: | Line 24: | ||
* [[Regulation]] | * [[Regulation]] | ||
* [[Request to Pay]] | * [[Request to Pay]] | ||
* [[Routing verification mechanisms]] (RVMs) | |||
* [[Secondary reference data]] (SRD) | * [[Secondary reference data]] (SRD) | ||
Latest revision as of 12:58, 17 November 2025
EU financial regulation - Instant Payments Regulation (IPR).
(VOP or VoP).
Verification of Payee is a tool to help prevent APP fraud and accidentally misdirected payments, similar to Confirmation of Payee.
It is a requirement of the EU Instant Payments Regulation (IPR).
See also
- APP fraud
- Confirmation of Payee (CoP)
- Euro Banking Association (EBA)
- European Payments Council (EPC)
- Faster Payments
- Financial Conduct Authority (FCA)
- Immediate payments and the impact on corporate treasurers
- Infrastructure
- Instant Payments Regulation (IPR)
- Payment service provider (PSP)
- Payment system
- Payment Systems Regulator (PSR)
- PSD2
- Regulation
- Request to Pay
- Routing verification mechanisms (RVMs)
- Secondary reference data (SRD)
