Payee verification request lifecycle

Learn about the lifecycle of a payee verification request in Numeral

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Numeral's VOP solution is based on currently available information and technical documentation from the European Payments Council (EPC), including the Verification Of Payee Scheme Rulebook, the Verification Of Payee Inter-PSP API Specifications, and the API Security Framework.

Numeral is still waiting for the publication of critical EPC documentations, including the EPC's Directory Services documentation to finalise and launch its VOP solution.

Numeral has expressed its intent to participate as a routing and verification mechanism (RVM) via the EPC's call for interest and is registered as a compliant RVM .

Numeral actively participates in the EPC's RVM information sessions and intends to participate in the EPC's pilot phases.

Events are created as payee verification requests are created or updated in Numeral. An update can be the update of any attribute, such as a status, a date, or any other data. Learn more about events and webhooks in Numeral.

Events and statuses

NameDescription
createdThe outgoing payee verification request has been created.
receivedThe incoming payee verification request has been received.
completedThe request has been completed.
failedThe request has failed.

State machine

Incoming payee verification request

Outgoing payee verification request