European Batch Check

VoP in Bulk Payments

Are you ready to meet the requirements of the Instant Payments regulation? Checking payment orders delivered as a package is one of the new key requirements of the regulation. SurePay has multiple solutions available to suit your needs and meet the requirements to comply with the regulation.

Become EU compliant

Gain full reach

Customer Journey improvement

Faster processing and highly scalable

Verification of Payee on Bulk Payments: SurePay is ready to serve

Our batch check solutions are flexible, secure and fast allowing you, as bank, to:

Implement the solution in your preferred moment in time of batch processing
Provide solutions to your customers as an API or web-interface to comply with EU regulation
Give the best name matching result on the market, at scale, to your customers
Offer additional service on top of the basic batch check, like an alerting service for changes on previously checked batch payment or add data to better protect your customers against fraud

Our solutions

1. Batch Check API, upload files and get an Verification of Payee result for all transactions in the file within seconds

2. Portal: offer your customers a portal to upload their files and retrieve a matching result. Offer it stand-alone or integrated in your channels as a white labeled solution.

3. Add-on feature: enable your customer to get alerts if previously checked combinations have changed.

Other add-on features

for Banks & PSPs

Swift Beneficiary Account Verification

Expand your reach on a global scale by leveraging the pre-validation service offered by Swift. SurePay is an official Enabler partner of Swift and can take banks from local Confirmation of Payee to to EU and beyond to Global. Trust in a secure and accredited platform for a frictionless and fraud-resistant financial experience.

Read More →

Fraud Risk Indicator

The Fraud Risk Indicator provides additional data points; risk indicators that will help the bank to determine whether there’s an increased risk or a decreased risk of fraud.

Read More →

Switch Check

If a bank uses the SurePay Switch Check, the payer will be notified when the payee has switched to another bank. This way he can immediately pay to the new IBAN and update his address book. This speeds up the adoption of new account numbers.

Read More →

PayID

With SurePay PayID customers can now easily and securely pay in your Banking App to friends and acquaintances on their contact list. In the future we will add more identification options to this service. SurePay PayID uses the smart Verification of Payee algorithm for this.

Read More →

Are you ready to start using the European Batch Check?

Schedule a meeting

Schedule meeting →