RoxPay 6 min read

How RoxPay Implements Verification of Payee on the SEPA Scheme

RoxPay doesn't bolt Verification of Payee on as a side feature — it's part of a full European payments platform. Here's how RoxPay implements VoP on the SEPA scheme and where it fits in the wider product.

By Verification of Payee EU · powered by RoxPay

Key takeaways

  • RoxPay runs VoP on the SEPA Verification of Payee scheme, returning standardised outcomes with the responding BIC.
  • VoP sits alongside basic and detailed IBAN validation as RoxPay's 'IBAN trio'.
  • It's available via API and dashboard and is built into the SEPA Direct Debit mandate flow as a pre-check.

RoxPay is a European payments platform — online gateway, Android POS and open banking — and Verification of Payee is one of its banking services rather than a standalone tool. That context matters, because it's why VoP at RoxPay connects to real payment flows instead of sitting in isolation.

Built on the SEPA VoP scheme

RoxPay's Verification of Payee uses the SEPA VoP scheme and returns the standardised outcomes — match, close match, no match, not applicable — together with the responding bank's BIC and the processing time. Because RoxPay operates on established European open-banking infrastructure, a single connection reaches payee verification across SEPA.

The 'IBAN trio'

Inside the RoxBusiness banking product, VoP is part of a trio of IBAN checks that build on each other:

  • Basic IBAN validation — format and checksum.
  • Detailed IBAN validation — bank and branch identification.
  • Verification of Payee — the real name-vs-account check only the payee's bank can answer.

Format checks ≠ a name check

Validating an IBAN's format tells you it's well-formed, not who owns it. VoP is the only one of the trio that confirms the account actually belongs to the named payee.

Two ways to use it

Teams reach the same verification two ways: directly from the RoxBusiness dashboard for manual checks, and through an authenticated REST API to embed it in their own channels. There's no scheme to build or maintain — you pay per verification, with contract pricing for higher volumes.

Inside SEPA Direct Debit

VoP isn't just a standalone lookup at RoxPay. It's used as a mandatory pre-check in the SEPA Direct Debit mandate flow: before a mandate signing link is issued, the debtor's details are verified, so a SDD mandate starts from verified data. You can explore the full platform at roxpay.eu.

FAQ

Frequently asked

Yes. RoxPay's Verification of Payee uses the SEPA VoP scheme and returns standardised outcomes (match, close match, no match, not applicable) with the responding bank's BIC.

Two ways: from the RoxBusiness dashboard for manual checks, and via an authenticated REST API to embed verification in your own products.

Yes. VoP is part of RoxPay's banking services and is already used as a pre-check in the SEPA Direct Debit mandate flow, on the same platform as the gateway, POS and open banking.

See Verification of Payee, the RoxPay way

Talk to RoxPay about VoP via API or dashboard, integrated with your payment flows.