SupportFinancial Split PaymentsDoes Financial Split Payments perform Beneficiary Verification (VoP)?

Does Financial Split Payments perform Beneficiary Verification (VoP)?

If requested by the Merchant during the contract subscription phase, Fabrick can perform a Verification of Payee (VoP) to ensure that the account holder’s name matches the account details provided.

  • Static mode: the verification is carried out during the onboarding process
  • Dynamic mode: the verification takes place when the splitting rules are submitted via API

The Merchant may still choose to proceed with the operation regardless of the verification outcome.

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