Verification of Payee (VoP) is a new layer designed to verify payee before anyone triggers a transaction in Europe. In an age where digitisation is taking over, better security and accuracy of financial transactions is a must. To address the modern cybersecurity measures in financial domain, the European government has released its Verification of Payee (VoP) guidelines to revoluti... https://technoxander.com/verification-of-payee-vop-in-2024-how-it-works-and-why-is-it-a-game-changer-for-the-eu/