The European Payments Council Seeks Innovative Solutions for Verifying Payee Identity
Highlights:
- EPC issues a request for proposals for a new API test toolbox.
- The toolbox aims to streamline payee identity verification processes.
- Innovative solutions are sought from tech providers to enhance payment security.
The European Payments Council (EPC) has issued a request for proposals (RFP) for an advanced API test toolbox designed to improve verification of payee identity in payment transactions. This initiative is part of EPC’s commitment to enhance security and efficiency in payment processes across Europe. The EPC invites technology providers to submit creative solutions that can support these verification measures and contribute to safer electronic payments.
