Qombo announces the launch of its Verification of Payee (VoP) solution

Qombo is proud to introduce its Verification of Payee (VoP) solution, designed to boost payment security and ensure compliance with the Instant Payments Regulation (IPR).

This innovative service provides Payment Service Providers (PSPs) with pan-European coverage, enabling seamless and scalable “IBAN x Name” verification through a state-of-the-art API.

As a registered Routing & Verification Mechanism (RVM) with the European Payments Council (EPC), Qombo offers a trusted solution for PSPs, combining regulatory compliance with advanced fraud prevention powered by collective intelligence.

This technical solution offers the possibility to Expose bank accounts to other PSPs and/or to Verify bank account holders all over Europe in order to comply with the Verification of Payee due date: October 9th 2025.

Key benefits for PSPs and their customers

• European coverage: The solution ensures the verification of any IBAN within the SEPA area.
• Flexibility: PSPs can choose different configurations according to their needs and regulatory constraints.
• Enhanced fraud prevention: In addition to verifying IBANs, supplementary indicators based on behavioral anomalies and fraud patterns detect risks that might not be caught by payee verification alone.
• Transparency: Technical documentation and pricing are available online. No hidden cost or additional fee.
• Pan-European Coverage: Real-time account verification across Europe via a single API.
• Regulatory Compliance: Fully aligned with Instant Payments Regulation and DSP3/PSR requirements.
• Advanced Security: 24/7 availability with ISO27001-certified and SOC 2-compliant hosting.
• Anti-Fraud Features: Access to real-time data on suspicious IBANs for enhanced fraud prevention.
• Flexible Integration: REST API supports both batch and individual requests for easy scalability.
• Transparent Pricing: Clear and straightforward pricing with no hidden fees.

PSP : Ready to enhance your payment security and compliance?

Get started with Qombo VoP today!