Verification of Payee

Instant payments move in seconds. Fraud moves faster. G+D Netcetera's VoP solution checks who your customer is paying — before a single euro leaves the account. 100 million accounts covered. Over 40 financial institutions live. 
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Outsmarting fraud: instantly verify & trust 

As a trusted Verification of Payee provider, we combine 30 years of fraud prevention expertise with a modern managed service and a scale that proves this infrastructure works under real-world pressure. 
The problem VoP solves 

APP fraud costs Europe up to 2.4 billion euros annually. Misdirected payments add to the bill. Both happen in the same moment: when a payer enters an IBAN and a name and presses send. 

VoP intercepts that moment, checking the name matches the account, in real time, before the money moves. 

Mandated across Europe under PSR, IPR, and SEPA Instant Credit Transfer regulations. 

What VoP at scale looks like  

Over 100 million accounts covered. More than 1 million verification requests processed every day, with observed peaks above 2 million. 

95% of responses returned in under 500 milliseconds. 40+ financial institutions live. 

This is an infrastructure already running at national scale.  

Configurable, flexible, future-ready 

A solution built to meet your current and future needs across channels, payment types, and markets. 

The API integrates with what you already have. 

And the platform evolves as mandates change, so you do not have to rebuild. 

Benefits of our Verification of Payee Solution

Stop fraud before it costs you. Protect customers before they ask why you didn't. VoP is the check that earns the trust. 
Proven results — not projections 

VoP initiatives in the Netherlands and the UK delivered an 81% reduction in all-cause fraud and a 67% drop in misdirected payments. PSR in the UK, IPR across the EU, and SEPA Instant Credit Transfer regulations have mandated the VoP adoption across Europe.  

Stop APP scams. Protect every payment. 

The most critical moment in any payment is the second before money leaves an account. VoP adds a verification step at exactly that moment, catching scams and mistakes before they become fraud claims, chargeback disputes, or regulator conversations. 

Strengthen customer trust 

28% of European mobile wallet non-users cite worries about hacked payment details as a barrier to adoption. A bank that visibly verifies payees before every transfer gives customers a reason to stay, to trust, and to recommend. VoP is the feature that shows you take their money seriously. 

How Verification of Payee works 

A proven way to prevent scams, build trust, and show clients you value their financial safety. 

A banking security check that confirms the person a customer is paying is actually who they claim to be, before money leaves the account.

It verifies the beneficiary’s name and IBAN via secure, encrypted APIs based on the European Payments Council (EPC) VoP scheme rulebook. The check adds 1 to 5 seconds to the payment experience as seen by the customer. It covers both domestic and cross-border payments, consistent protection wherever your customers send money.  

Mandated across Europe under PSR, IPR, and SEPA Instant Credit Transfer regulations. 

When the check is complete, payers receive one of four responses.

Match: the name matches exactly, proceed with confidence.
  
Close match: similar but not identical, the customer sees the actual account name and decides.  

No match: the names do not match, a clear warning is shown before the customer decides whether to continue or cancel.  

Unable to perform: if no response arrives within 5 seconds, the customer is informed in line with the VoP rulebook. 

Our solution supports single and bulk VoP checks through web and API interfaces.

For bulk checks we offer a synchron and asychron process in the pain-Format.

With a single API for global connectivity 
VoP scope is expanding rapidly as compliance mandates and fraud risks grow. G+D Netcetera has already normalised to the API standards required for cross-scheme interoperability, so as VoP expands to new markets and payment corridors, your integration does not need to change. 

Built on 200 million German accounts records through our KWG24c service.

As a certified Trust Center, G+D Netcetera issues the PSD2 QWAC certificates required for VoP, removing a step that trips up most implementations. Financial institutions using our VoP can go live significantly faster, with far less integration effort.

The platform delivers a match rate of approximately 70%, reflecting real-world name data across markets and payment corridors. 

A web portal supports manual VoP checks for offline channels, which is essential for branch and call-centre interactions. 

Portal with dual control principle used for VoP analytics, manual VOP requests and customisation. 

Benefits of our Verification of Payee Solution for End customers

Real-time results, seamless experience, and clear feedback — before any payment is processed. 
Clear, instant verification results 

Before completing a transaction, payers receive immediate feedback: match, close match, no match, or unable to perform. Simple, transparent, and confidence-building — at the moment it matters most. 

Speed and security  

The entire verification process adds just 1 to 5 seconds to the payment experience, the time the customer sees. The underlying API response arrives in under 500 milliseconds in 95% of cases. Customers get the speed of instant payments and the assurance that their money is going to the right place. 

Available across all customer channels 

VoP works whether customers pay via mobile, web, or in-branch. The protection follows the customer wherever they pay, consistent, reliable, and invisible in the best possible way. 

VoP at scale. The numbers that prove it. 

Real-world operation at national scale — not a pilot, not a proof of concept. Infrastructure that handles what the market imposes. 
Accounts covered 

Over 100 million accounts enrolled in the G+D Netcetera VoP platform. The foundation that makes every verification check possible. 

VoP requests processed daily 
Of API responses under 500 milliseconds 
Financial institutions live on the platform 

What the experts behind this solution say

"We deliver you fully regulatory-compliant solutions with knowledge and expertise in fraud prevention. And we stay with you all the way to protect your cardholders. The least we can do as players in this ecosystem is to join forces, collaborate and align among ourselves in this fight against billions of losses."

"The financial institutions that will thrive in this new era are those that view instant payments not just as a technical upgrade, but as a foundation for reimagining customer relationships and business models. The future belongs to those who can balance security with seamless user experience while creating value beyond the transaction itself."

Martina Forster
Senior Product Manager Payment Security

VoP is the first check and it not the only one. 

When transactions settle in seconds, fraud prevention needs to work at the same speed, and go deeper than a single name check. 
Seamless API-first integration 

Our API-first architecture connects smoothly with your existing payment infrastructure, core banking systems, payment hubs, and mobile banking apps. It supports multiple standards and formats, and is designed to add security without adding complexity. Easy to implement, straightforward to maintain, and built to scale with your business.  

The same infrastructure that returns 95% of API responses in under 500ms runs yours. 

Smart monitoring and behavioural analysis 

G+D Netcetera's broader fraud prevention framework goes beyond VoP. Our SDK analyses how users interact with their devices during registration and at the point of payment, creating unique behavioural profiles that are difficult for fraudsters to replicate. Our systems monitor payment patterns in real time, identify anomalies in milliseconds, and adapt as new fraud tactics emerge, keeping pace with instant payments. 

FAQs

Before deploying VoP and why G+D Netcetera is the right partner? 
What is Verification of Payee and why does it matter?

An essential layer of customer protection, a banking security check that confirms the recipient's identity before a payment is processed. It verifies that the account number (IBAN) and the name entered by the payer match the actual account holder at the recipient's bank. VoP is now mandated across Europe under the Payment Services Regulation (PSR) in the UK, the Instant Payments Regulation (IPR) across the EU, and SEPA Instant Credit Transfer requirements.  

What information is needed to initiate a VoP check?

A VoP request requires the payee's IBAN or other applicable account identifier, the payee's name, the identity of the requesting payment service provider, and any additional details needed to confirm accuracy. The G+D Netcetera solution handles all of these in a single API call, returning a clear result — match, close match, no match, or unable to perform — with 95% of API responses arriving in under 500 milliseconds. 

Why choose G+D Netcetera as your VoP provider?

Three things that are hard to replicate: scale, expertise, and the managed service model.  

Scale: over 100 million accounts, 1 million+ daily requests, 40+ financial institutions live , production-grade infrastructure already running at national scale.  

Expertise: 30 years in payment security and fraud prevention. Managed service: fully hosted and operated by G+D Netcetera, with no infrastructure burden on your side, automatic updates, and a security framework that goes beyond VoP to include behavioural biometrics and real-time transaction monitoring. 

What happens if a VoP check returns no match?

The payer is informed before the transaction proceeds. They retain the choice to continue or cancel — ensuring full transparency and informed consent. For a close match result, the actual account holder name is shown, so the customer can decide with full information. If no response is received within 5 seconds, the payer is notified that the verification check is unable to perform, in line with the VoP rulebook. 

Does VoP work for cross-border payments?

Yes. The G+D Netcetera VoP service covers both domestic and cross-border payment scenarios, providing the widest available global reach. Whether customers are making transfers within a single market or sending money internationally, the same verification layer applies — consistent and reliable. The approximately 70% match rate reflects real-world name data across diverse markets and payment corridors. 

Related solutions 

VoP protects the payment before it leaves. These solutions protect it throughout. 
3-D Secure Issuer Service 

Authentication that protects every card-not-present transaction. Layer 3DS onto VoP for end-to-end payment security — from payee verification to transaction authentication.

Discover the solution 

Passkeys 

Modern, phishing-resistant authentication for banking and payments. Strengthen your customer journey with passkey-based login and strong customer authentication — the natural partner to VoP. 

Discover the solution  

Fusion Platform 

Full visibility and control over your token lifecycle. Securing the integrity of tokenized payment credentials. 

Discover the solution 

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