Regulation 6 min read

Verification of Payee, PSD3 and the Future of EU Payment Security

Verification of Payee didn't arrive in isolation. It's one piece of a broader EU effort — alongside PSD3 and the Payment Services Regulation — to make payments safer and more open. Understanding the direction helps you invest for more than one deadline.

By Verification of Payee EU · powered by RoxPay

Key takeaways

  • VoP is part of a wider EU agenda spanning the IPR, PSD3 and the PSR.
  • The direction is clear: more fraud prevention, more Open Banking, more shared responsibility.
  • Investing in payee verification now aligns with where the rules are heading.

It's easy to treat Verification of Payee as a single, isolated obligation. In reality it's an early, concrete step in a much larger reshaping of European payments. Seeing the bigger picture helps you make decisions that age well.

The moving pieces

  • The Instant Payments Regulation — mandates instant euro transfers and VoP.
  • PSD3 and the Payment Services Regulation (PSR) — the next evolution of the payments framework, with a strong focus on fraud.
  • Open Banking — the data and initiation rails (AIS, PIS) that VoP sits alongside.

One direction of travel

Across all these initiatives the trend is the same: more proactive fraud prevention, clearer responsibilities between parties, and richer use of Open Banking. VoP is an early, tangible expression of that.

Why this matters for your roadmap

If the regulatory direction is towards more fraud prevention and more Open Banking, then payee verification isn't a one-off compliance task — it's a building block you'll keep using. Investing in a clean, well-integrated VoP capability now positions you for what follows, rather than something you bolt on and replace.

Build on a platform, not a point fix

The pragmatic response to a moving roadmap is to build on infrastructure that already spans the relevant rails. RoxPay delivers Verification of Payee alongside Open Banking initiation and account information on one European platform, so the investment you make for VoP today extends naturally as the framework evolves.

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FAQ

Frequently asked

VoP comes from the Instant Payments Regulation, while PSD3 and the Payment Services Regulation are the next evolution of the EU payments framework with a strong fraud focus. They share a direction: more fraud prevention and more Open Banking.

Better seen as a building block. The regulatory direction favours more payee verification and Open Banking, so a well-integrated VoP capability keeps paying off rather than being replaced.

Build on infrastructure that spans VoP and Open Banking (PIS, AIS) rather than a point fix, so your investment extends as PSD3, the PSR and related rules take shape.

Keep reading

The Instant Payments Regulation & VoP The rule that introduced VoP. Open Banking, PIS, AIS & VoP The rails VoP sits alongside.

Invest in payments security that lasts

Talk to RoxPay about Verification of Payee on a platform that spans Open Banking too.

Talk to an expert Explore RoxPay VoP