![[Translate to Englisch:] Verification of Payee: PASS bietet Lösung an](/fileadmin/_processed_/7/0/csm_verification-of-payee-pass_d09ae2b586.jpg "[Translate to Englisch:] Verification of Payee: PASS bietet Lösung an")
With the PASS Consulting Group as a technical partner, payment service providers (PSPs) comply with the EU Regulation on Verification of Payee (VoP) in a timely and legally compliant manner. The solution covers both VoP-active (outgoing) and VoP-passive (incoming).
From October 9, 2025, Verification of Payee will be mandatory for banks and payment service providers in euro countries. The process aims to reduce the risk of fraud and incorrect transfers by ensuring that the payee's name matches the account details. PASS has registered with the European Payment Council (EPC) as a provider of RVMs (Routing and Verification Mechanisms) and offers a comprehensive solution for efficient VoP implementation. The software company supports payment service providers in both process roles: as a requesting PSP and as a responding PSP.
The cloud solution can be seamlessly integrated into existing systems via a secure VoP interface based on a QWAC certificate – it is hosted in ISO-certified bank data centers in Germany. The PASS Consulting Group supports its customers with EPC registration as well as certificate application and management. A local copy of the EPC Directory Services (EDS) is also included in the scope of services. PASS stores anonymized data for statistical evaluation and provides detailed logs and analyses of the verifications.
Our video with Werner Traidl (CEO PASS Multibank Solutions AG) provides more technical insights:
More information can be found on our product page.