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SurePay selected by Railsr as confirmation of payee vendor

October 11, 2022


Embedded finance solutions provider Railsr has selected SurePay as its UK Faster Payments (UKFP) confirmation of payee (CoP) vendor.

The authorised push payment (APP) fraud is sharply on the rise in the UK, according to UK Finance – from £420.7 million in 2020 to £583.2 million in 2021 (a nearly 40% rise).

Railsr collaborated with SurePay and Railsr customer ANNA Money to get its new CoP service implemented and live within four weeks.

Rich Herring, senior product manager at Railsr, says the company “has been impressed with SurePay’s implementation speed, guidance and responsiveness”.

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