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COP

Protect against fraud with Confirmation of Payee

Confirmation of Payee is an account name checking service that enables payers to confirm their payments are routed to the intended person or business and not accidentally or fraudulently misdirected.

How does Confirmation of Payee work?

The Confirmation of Payee service covers UK Faster Payments, Bacs Direct Credits and CHAPS. And our service covers both the Requester and Responder roles.

Benefits of Form3 Confirmation of Payee 

Using Form3 ensures high-quality operation and compatibility with the scheme.

How we manage industry change for Confirmation of Payee

Embrace the future of payment processing with Form3 and join the ranks of successful banks and fintechs leveraging our innovative platform. This case study highlights how our expertise and proactive approach ensured our customers navigated the change with confidence and success.

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