Key features

FPAD provides Verification of Payee at a domestic and pan-European level covering the following features:

• 24/7 high-performing, scalable, real-time infrastructure
• full compliance with the Instant Payments Regulation requirements for Verification of Payee
• full compliance with the European Payments Council (EPC) VOP Rulebook, EPC API standards and EPC Directory Service (EDS)
• high-performance name matching aligned with EPC recommendations
• centralised VOP Request/Response management and time-out control​​
• simultaneous VOP request and fraud risk assessments
• flexible VOP Request, VOP Response and batch integration options​
• choice of different secure real-time connectivity options with very low latency
• caching functions to optimise performance and provide increase robustness to service VOP requests