TechnoXander is Qualified RVM as approved by European Payments Council (EPC)

TechnoXander Becomes Qualified RVM under EPC VoP Scheme

1. Qualified RVM Status

TechnoXander has officially become a Qualified Routing and Verification Mechanism (RVM) under the EPC (European Payments Council) Verification of Payee (VoP) Scheme, meeting all required technical and operational standards 

2. Full Regulatory Alignment

Their VoP solution complies fully with EPC's stringent requirements, reinforcing interoperability, compliance, and operational readiness

Broader Role of RVMs in the EPC VoP Scheme:

Routing and Verification Mechanisms (RVMs) serve as intermediaries for VoP requests and responses. They forward complete requests from Requesting PSPs to Responding PSPs, and relay responses back without alteration. In certain cases, an RVM can also perform verification actions on behalf of a Responding PSP, subject to agreement 

To become a Qualified RVM (QRVM), providers must complete the EPC’s qualification process, including API self-certification using the EPC API Reference Toolbox and formal agreement submission.

EPC’s VoP Landscape & TechnoXander's Certification

TechnoXander has achieved Qualified RVM status, meaning it has fulfilled the operational and technical criteria outlined by the EPC for VoP governance.

For more detail, you can read on https://technoxander.com/technoxander-becomes-qualified-rvm-under-epc-vop-scheme/