Verification of Payee depends on the payee's bank being reachable and willing to respond. If it is not, the payer sees 'verification not possible' — a non-answer that protects no one. That is why coverage, not just speed, decides how much value VoP actually delivers.
What coverage means
Coverage is the proportion of your checks that return a real outcome (match, close match or no match) rather than 'verification not possible'. High coverage means payers get meaningful answers; low coverage means VoP fades into background noise people learn to ignore.
Why it matters for fraud
Authorised push payment (APP) fraud relies on payers sending money to accounts that do not belong to who they think. A real VoP answer is the moment that fraud gets caught. Every 'not possible' is a missed opportunity to warn someone.
Reachability is the real metric
Speed is easy to demo. Reachability — answering across the long tail of banks — is what determines whether VoP protects your payers in practice.
How RoxPay approaches coverage
RoxPay routes checks across the EPC scheme and SEPA-reachable accounts, so you integrate once and benefit from broad reach without maintaining bank-by-bank connections. As scheme adoption grows under the Instant Payments Regulation, that reach continues to widen.