In a recent development, Belgium’s Centre for Exchange and Clearing has chosen SurePay to provide Confirmation of Payee technology for the country’s banking industry. The selection of SurePay was made through an open tender process in collaboration with the Federation of the Belgian Financial Sector.
SurePay has been a leader in Verification of Payee since 2016, performing over 1.5 billion checks annually both domestically and internationally. Originally part of Rabobank, the company was spun off in 2022 and now offers Verification of Payee services to more than 100 banks in the UK and the Netherlands.
David-Jan Janse, CEO of SurePay, expressed his gratitude for being chosen by Belgian banks to provide Verification of Payee services. He highlighted that their multinational clients can now expand their capabilities, while Belgian banks can access a network of 100 banks to access additional services. This partnership will benefit both parties by enhancing their payment verification processes.