SurePay, established in the Netherlands in 2016, is the pioneer behind Verification of Payee. This effective, GDPR proof, best-in-class solution gives payees greater assurance that their payments are going to the intended beneficiary, by checking the IBAN in combination with the name given at the bank.

Presently, SurePay is connected to over 100+ Banks in Europe and the UK, and serves 500+ organisations. This translates into 7 Billion checks performed and 100,000+ no match warnings issued daily, both domestically and across borders.

Looking ahead, we are enthusiastic about extending our reach and helping more banks with implementing a Verification of Payee solution to comply with Instant Payment legislation.