Will Convera provide additional verification services at the payee level?

For MassPay clients, Convera will provide access to a standalone Verification of Payee (VoP) service to help minimise the risk of errors before payments are submitted. This optional API service allows you to validate a payee’s name and IBAN combination at the point of creating or maintaining beneficiary details, giving you greater confidence that the information is correct.

Please note that this is an additional, convenience service and does not replace the mandatory VoP checks that will be performed at the transaction stage in accordance with EU regulations effective October 9, 2025.