A new standard of trust in payments: Verification of Payee

Mandatory Verification of Payee (VOP) requirements under the EU’s Instant Payments Regulation took effect October 9, 2025, marking a shift in how payment security and trust are built into the digital economy. The post cites EUR 2.4 billion in authorized push payment fraud losses, growing 25% since 2022, with the formal adherence process starting March 2025.