INTRODUCING OUR NEW
Confirmation of Payee (CoP)
Verify who you’re paying — before the payment is made.
WHAT IS Confirmation of Payee (CoP)?
Instantly check account details before making a payment– reducing fraud, preventing errors, and giving your finance team complete confidence.
Confirmation of Payee is a real-time payment verification tool that allows you to
check account details match the payee name / company name to that account
before sending money—directly within SmarterPay Cloud or via API.
SmarterPay’s capabilities are seamlessly built into SmarterPay Cloud workflows, offering both manual and API-driven functionality to suit different operational needs.
Users benefit from clear and transparent match outcomes, supported by a full audit history that ensures traceability and accountability at every step. The solution is specifically designed with UK payments in mind, aligning closely with local requirements and standards.
easy-to-use fraud prevention tool
Stops incorrect or fraudulent payments before they happen
Key Features & Benefits
• Built into SmarterPay Cloud
• Supports manual and API-driven checks
• Smart validation logic with clear results• Prevent Fraud & Payment Errors
• Instant, Real-Time Checks
• Clear, Actionable Results (Full match / Close match / No match)
• Complete Visibility & Audit Trail
How does it work?
Enter account details
Click Check
System validates in real time
Receive match result
Proceed or stop payment
WORKING SMARTER
Why it matters
Without CoP:
Risk of fraud and errors
With CoP:
Instant verification
Stop fraud before it happens. One check prevents costly mistakes.
Don’t guess — verify every payment.
What are you waiting for?…
“Confirmation of Payee gives finance teams a simple but powerful way to verify account details before sending payments.”
Ewan Friend, CEO
SmarterPay Limited
Utility House
32-36 Prospect Street
Kingston Upon Hull
East Riding of Yorkshire
HU2 8PX
