This endpoint enables you to verify a payee’s account details with their bank prior to creating a beneficiary or initiating a payment. Based on the response returned by the system integrator, Toqio's UI will provide appropriate feedback to the user.
To activate the CoP flow, please contact Toqio's Delivery Team to ensure that Confirmation of Payee (CoP) capability is enabled for your banking provider.
status
- MATCHED: The beneficiary’s details have been successfully verified. No warning will be shown to the user.
- PARTIALLY_MATCHED: The beneficiary’s details are partially verified. A warning will be shown to the user, who may choose to proceed or cancel the payment.
- NOT_MATCHED: The beneficiary’s details could not be verified. A critical warning will be shown to the user, who may choose to proceed or cancel the payment.
- NOT_APPLIED: The Confirmation of Payee service is not applicable to this beneficiary. No feedback will be shown to the user.
reasonCode : Reason code for a more detailed description of the kind of match
reasonDescription: Detailed description of the reason code. If provided by the SI, this message will be displayed in the warning feedback shown to the user.