Verification of Payee (VoP) will play an important role in the new Instant Payment Regulation (IPR). It is created with rules, practices and standards adhering to an inter-payment service provider (PSP) to prevent immediate and irrevocable transfers from happening under the Single Euro Payments Area (SEPA) credit transfers. https://technoxander.com/verification-of-payee-vop-in-2024-how-it-works-and-why-is-it-a-game-changer-for-the-eu/