{"id":23132,"date":"2025-10-24T11:21:33","date_gmt":"2025-10-24T09:21:33","guid":{"rendered":"https:\/\/www.wannme.com\/?p=23132"},"modified":"2025-10-24T11:31:35","modified_gmt":"2025-10-24T09:31:35","slug":"european-instant-payments-regulation","status":"publish","type":"post","link":"https:\/\/www.wannme.com\/en\/european-instant-payments-regulation\/","title":{"rendered":"Instant Payments Regulation 2025: More Security and Control"},"content":{"rendered":"
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On October 9, 2025, the new European Instant Payments Regulation officially came into effect \u2014 a law that modernizes the payment system across the European Union.
Its main goal is to ensure that all individuals and businesses can send and receive money within seconds, anytime and securely \u2014 a point that has been reinforced through mandatory beneficiary name verification. How does it work? Let\u2019s break it down.<\/p>\n

Mandatory Instant Transfers for All Banks<\/h2>\n

Under this law, all financial institutions are required to offer instant transfers.
It will no longer be an optional or limited service: every user must be able to make immediate payments 24 hours a day, 365 days a year.<\/p>\n

This change represents a decisive step toward a more integrated and efficient financial Europe, eliminating differences between countries and promoting competition and digitalization in the banking sector.<\/p>\n

Beneficiary Verification: The Law\u2019s Key Innovation<\/h2>\n

The most significant change introduced by the new regulation is the mandatory verification of the beneficiary.
Previously, banks processed transfers without checking whether the recipient\u2019s name matched the IBAN holder.
From now on, all institutions must perform this check and display the result before confirming the operation.<\/p>\n

The system can produce three types of matches:<\/p>\n

\u2705 Full match:<\/strong> the beneficiary\u2019s name fully matches the IBAN holder.
\u26a0\ufe0f Partial match:<\/strong> the names are similar but not identical; the user can choose to proceed at their own risk.
\u274c No match:<\/strong> the names do not match, so the institution may block the transaction or warn of the risk.<\/p>\n

This verification aims to strengthen payment security, reducing fraud such as identity theft or transfers to incorrect accounts.<\/p>\n

How Wannme Strengthens Payment Security<\/h2>\n

At Wannme<\/strong>, we already implement verification systems that comply with the standards of this new regulation.
Our payment initiation and transfer services for advance payments and settlements already include authentication and validation processes that ensure maximum security.<\/p>\n

Verification in Payment Initiation<\/h2>\n

Through our payment initiation solution<\/strong>, a merchant can generate a link for the customer to make a transfer directly from their bank.
In this process, the merchant is the beneficiary, and Wannme ensures security by:<\/p>\n