Will the EPC propose a standardisation of the bulk process?
In the second half of 2025 the Verification Of Payee Working Group will look into the possibility to give guidance about the bulk process.
In case a customer (Requester) wants to execute a payment by discarding the VOP result and the warning message (i.e., in case of no match/verification check not possible/no response) and it has resulted in financial loss, who will be liable?
Should the reason code provided in the VOP Response be displayed back to customer (Requester)?
According to the IPR, the Requesting PSP must notify the Requester about the outcome of the VOP check. It is up to the Requesting PSP to decide how to comply with this requirement.
Is it planned to publish standards for ISO20022-messages for the customer-to-bank-sphere related to the VOP scheme?
At the moment, only inter-PSP API specifications were published, and it is not foreseen to publish ISO20022 messages for the customer-to-bank space.
Which role should be used in the QWAC PSD2 certificates?
The role is not relevant for the VOP scheme. The Responding PSPs should not check this information.
Is it possible for a group-head PSP (acting as RVM, or partnering with a selected third-party RVM) to use its own QWAC PSD2 certificate and NAN number, when acting as Requesting PSP also on behalf of other PSPs of the same community?
This means one QWAC PSD2 certificate (and one NAN) would be shared within a community of VOP scheme participants, and be used to identify, authenticate and authorise all VOP scheme participants of the same community, when acting
In case both the Requesting and Responding PSPs use the same RVM is it mandatory to use the published VOP APIs?
All VOP scheme participants must at least support the inter-PSP API specifications set by the EPC. This ensures SEPA wide reachability and interoperability.
Is there an end-to-end process flow available?
The final EDS technical specifications will be published by the EPC at a later stage, expected within Q1-2025.
When does the execution time start when a RVM is used?
The Timestamp (attribute AT-T056) is always set by the Requesting PSP.