Who You Pay Is the Risk
Payment security doesn’t stop at authorisation. The account receiving the money is where value ultimately leaves your organisation, making beneficiary verification a critical, yet often overlooked, part of your payment controls.
In this PayPoint white paper, we explore how Confirmation of Payee (CoP) and beneficiary verification can help organisations reduce payment risk, identify outdated beneficiary data and strengthen controls across supplier and payroll payments.
Drawing on a review of PayPoint’s own payment processes, the paper demonstrates how verifying who you pay, and keeping that verification current, can provide greater assurance without disrupting day-to-day operations.
Download the white paper