PingPong, the world-leading provider of embedded cross-border payment solutions for enterprises, today announces it will be using Form3's Verification of Payee (VoP) solution for SEPA account validation, giving PingPong a competitive edge by implementing compliance measures five months ahead of the October go-live date.

Operating from 37 offices globally with over 60 financial licences, PingPong's platform delivers faster, more transparent, and higher-quality cross-border B2B transactions for enterprises, financial institutions, and SaaS companies. PingPong's proactive adoption of Form3's VoP solution well before the European Payments Council's October 2025 implementation deadline demonstrates this strategic approach.

Form3's solution will ensure that PingPong is compliant with the Instant Payment Regulation, delivering faster, forward-compliant, and safer payments to the EU for PingPong's clients. The solution offers enhanced protection against authorised push payment (APP) fraud and payment errors while demonstrating the company's commitment to staying ahead of regulatory requirements.

Today's announcement marks the third Form3 product that PingPong has adopted, having previously integrated SEPA Instant and Credit Transfer solutions into its customer offering.

Mike Walters, CEO, Form3, said: "We're very happy to be working with PingPong, one of the leading global cross-border payments platforms. As the VoP deadline is imminent, what we can offer customers such as PingPong is a proven product that features zero downtime, and is second-to-none when it comes to operational resiliency."

The VoP solution has been designed with compliance in mind for customers. Form3's fully managed service delivers compliance with regulations such as IPR and PSD3. A key selling point is that Form3 provides rolling scheme updates without service interruption.

Form3's cloud-based, account-to-account payments platform, on which the VoP solution operates, is underpinned by a single API designed to integrate seamlessly into existing infrastructure. This allows customers to meet regulatory requirements while focusing on growth, improving the overall customer experience.

The European Payments Council will implement the new VoP scheme in October 2025. It is designed to reduce fraud and payment errors by allowing a payer to verify whether the name of the intended payee matches the name held by the payee's payment service provider (PSP) for the provided IBAN.

Alex Young, FI Partnerships Lead at PingPong, said: "We selected Form3's VoP solution because it's fast, resilient, and ensures we remain compliant against ever-changing regulations. By implementing this solution five months ahead of the October deadline, we're turning compliance into a competitive advantage for our enterprise, fintech and financial institution clients. Staying ahead of regulatory requirements is essential to maintaining our position as the world's leading cross-border payments provider. The onboarding experience from Form3 has been smooth, featuring excellent communication. We are deepening our partnership with Form3 because their technology is best-in-class for our cross-border payment needs."