With the recent mandate from the Payment Systems Regulator a number of banks, building societies and PSPs are considering how to implement a Confirmation of Payee (CoP) solution in the most efficient and effective way, how they can protect their customers from fraud and errors and, as a payment provider, protect themselves from reimbursements and false alerts.
Helpfully, it’s almost time for the SurePay webinar ‘Confirmation of Payee for PSR Group 1 & 2: “It pays to get started now!’”
It will be my privilege to join SurePay for this webinar and I will be exploring what the PSR CoP mandate means for payment providers with David Evans.
Register now to meet the SurePay experts on Confirmation of Payee.
The event is tomorrow – Wednesday 16 November at 10:30 (online) – so be quick and join the SurePay webinar via: https://lnkd.in/eP-9MRyP
SurePay was founded in 2016 and currently, 40+ Banks and 215+ Corporates in the UK and Europe use their CoP solution to prevent fraud and misdirected payments.
This makes SurePay by far the largest CoP vendor. In the UK, they can now check 90% of all payments and have been offering the service since 2017.
Due to SurePay’s smart algorithm, tweaked and improved over the years, they offer the highest percentage of matches, the lowest no match percentage and the least false positives, which means:
- Less fraud
- More flowing customers
- Higher consumer trust.
Remember, the event is tomorrow – Wednesday 16 November at 10:30 (online) – so be quick and join the SurePay webinar via: https://lnkd.in/eP-9MRyP