Contact

Verification of Payee (VoP)

As a Routing and Verification Mechanism (RVM) officially certified by the European Payments Council (EPC), our VoP solution meets all regulatory requirements of the EU regulation governing IBAN name matching in SEPA payments.

Our VoP module offers high performance, strong security standards, and can be easily integrated into your existing infrastructure. As a Software-as-a-Service solution, it is ready for immediate use.

Request a consultation

For banks and financial institutions in the SEPA area, the EU regulation on Verification of Payee (VoP) poses a particular challenge: For credit transfers and real-time credit transfers, an IBAN-name match must be performed—also in real time—before the customer confirms the transaction. With this measure, the EU aims to further strengthen the security of SEPA payments by minimizing the occurrence of erroneous transfers.

  • Real-time inquiry using the IBAN and name at the payee's bank (active payee verification)
  • Real-time response to incoming inquiries based on the master data on hand (passive recipient verification)
  • Routing outgoing requests through the official directory, validating incoming requests using QWAC certificates
  • GDPR-compliant implementation and comprehensive process documentation
  • High demands on operations, scalability, performance, availability, monitoring, and audits
  • Standardize interfaces for individual calls (in accordance with the EPC specification) and bulk queries (via SEPA PAIN files)

Our solution

With its VoP module, CPB offers an EPC-certified Verification of Payee solution that enables financial institutions to integrate VoP efficiently and scalably into existing payment processes. CPB acts as a routing and verification mechanism (RVM) for connected banks and payment service providers: Incoming VoP requests are answered, requests from the institutions’ systems are routed to the respective recipient banks, and the responses are reliably returned.

By the way: We have a solution for non-banks as well. Get in touch with us!

Why choose CPB's VoP module?

  • True performance: Designed for high-load scenarios with over 1,000 requests per second

  • Zero-downtime operation: Uninterrupted maintenance and master data updates thanks to an active/standby architecture (e.g., via HA proxy)

  • Intelligent matching engine: A modular pipeline and heuristics that go beyond basic EPC guidelines

  • Automated operations: From QWAC Trust Store management to quarterly EPC reporting, everything runs automatically in the background

Features that make everyday life easier

  • BIC lookup included: IBAN-only is possible – automatic BIC resolution (e.g., via Bundesbank INTBA)

  • eIDAS Security: Integrated QWAC Trust Store Builder for certificate validation based on current trust lists

  • Transparency & Traceability: Complete logging of all VoP requests and results (audit- and reporting-ready)

Here's how it works

1. Request:

The requesting PSP sends a VoP request (name + IBAN) to the CPB VoP module

2. Routing:

RVM uses routing and subscriber data from the EPC Directory (EDS) to determine the destination PSP

3. Verification:

Responding PSP performs the name-IBAN match according to EPC rules and returns the VoP response

4. Response:

The result is returned unchanged to the requesting PSP

VoP_Image_Process
Request a live demo now

VoP can be deployed flexibly—tailored to the size and IT strategy of your organization.

  • Operation in the CPB Cloud as Software-as-a-Service (Managed RVM Service)

  • On-premises operation on Linux/Docker

  • Optional: Support as a Business Process as a Service

Tech Stack & Integration

Runtime

Java 21 LTS, embedded Tomcat, virtual threads for highly concurrent processing.

Frameworks

Spring Boot 4, Jackson 3, OpenAPI/Swagger.

Data

JDBC connection for PostgreSQL, MariaDB, or DB2 via HikariCP.

Flexible Deployment

Available as "Infrastructure as a Service" in the CPB Cloud or on-premises (Linux/Docker).

Simple API

Complete OpenAPI/Swagger documentation at
for quick integration.

News

Click here for all news articles

Your contact for VOP

Fabian Kiesel
Head of Sales

Telephone number:
+49 157 564 03250

Any questions?
I'll be happy to answer them!

Information about how we use your data can be found in our privacy policy.

Frequently Asked Questions

Does Payee Verification also apply to cross-border payments?

Yes. VoP applies to SEPA payments within the EU—regardless of whether the payments are domestic or cross-border.

Yes. CPB’s VoP module supports the processing of batch requests, such as when multiple payments are submitted in a single file. Each individual VoP request is checked separately, and the results are then returned in a structured, consolidated response.

Yes. Continuous 24/7 operation is mandated by the European Payments Council (EPC) and is particularly relevant in the context of real-time transfers. CPB’s VoP module is designed for high-availability continuous operation and meets these requirements.

Payment institutions must join the European Payments Council (EPC)’s VoP scheme. A QWAC certificate is required for technical processing; participants in the VoP scheme use this certificate to authenticate each other.

No, CPB’s VoP module is a completely standalone module and can be easily integrated into any payment infrastructure. Of course, it is seamlessly integrated into EFDIS.CIFRA.

CPB is listed as a Routing and Verification Mechanism (RVM) with the European Payments Council (EPB) and handles all updates and periodic recertifications.

All services at a glance

IaaS CPB

Infrastructure
as a service

Take advantage of our professional infrastructure with the highest security standards - we enable you to set up an infrastructure for cloud-based technology and are happy to provide you with resources such as virtual machines, network connections, storage space and computing power from the CPB Cloud.

cpb saas service

Software
as a Service

We take over the operation of business-relevant applications and make them available for use in the CPB data centre. We also ensure automatic updates of the software - you don't have to worry about obtaining new releases or patches.

Business Process as a Service

Business Process
as a service

Their core competence lies in consulting, sales or production - ours in the efficient handling of the processes required behind them. As already successfully used by many customers: We provide you with the necessary IT resources and also take over complete back-office processes.

More about our services