Eftsure vs SurePay
Eftsure
Eftsure is a payment verification platform for finance teams that checks payee and bank details before money leaves the business. It was founded in Sydney in 2014 and has offices in North Sydney, Dallas and Auckland. The platform confirms that a payee is a registered business, checks that the bank account belongs to that payee and screens payees against sanctions lists and government and tax registries. When automated checks cannot resolve a case, Eftsure analysts make out-of-band callbacks. ACH and wire payment files can be reviewed before release, with green and red alerts for matches and mismatches. Eftsure is delivered as a web application, an API or a managed service, and integrates with systems including SAP, Coupa, Workday and Kyriba. It acquired Sis ID in 2025 and announced the acquisition of Relish in September 2026.
Pros
- The Eftsure Guarantee, included in the subscription for customers who signed an agreement after 10 March 2025, covers up to $1 million if a verified payment is lost to social engineering fraud
- Trained fraud analysts investigate and make independent out-of-band callbacks when automated checks cannot resolve a case
- Pre-payment verification is embedded inside Kyriba, FIS Payment Hub and FIS Integrity, as well as SAP, Coupa and Workday
Things to check
- The guarantee covers only social engineering fraud on payments Eftsure has verified, is capped at $1 million, does not state a currency and is subject to Eftsure's terms of service and addendums
- Before go-live Eftsure runs a vendor master file health check (48 hours to 1 week) and verifies anomalies and suppliers not in its database (1 to 3 weeks)
Pricing: Not published; contact sales
SurePay
SurePay provides account name checks that confirm whether the name entered for a payment matches the account held at the payee's bank. It began in 2016 as a start-up within Rabobank and is headquartered in Utrecht, with an office in London. Banks and payment service providers use its Verification of Payee service in the EU and its Confirmation of Payee service in the UK, which return match, close match or no match results inside their payment flows. Corporates can run single or bulk checks through an online portal or integrate an API. Other services include Swift pre-validation, BIC enrichment, a switch check for payees who have moved bank and fraud risk indicators for banks. NatWest uses SurePay for Confirmation of Payee, and Finance Denmark selected it in 2025 for a national Verification of Payee service. In June 2025 Carlyle Europe Technology Partners made a growth investment in SurePay alongside Rabo Investments.
Pros
- Covers both EU Verification of Payee and UK Confirmation of Payee, with a portal for corporates that do not integrate an API
- NatWest selected SurePay for Confirmation of Payee, citing its experience in the Dutch market and its understanding of complex name matching issues
- Finance Denmark selected SurePay in April 2025 to run a nationwide Verification of Payee service in Denmark
Things to check
- A check cannot be made where SurePay has no access to the bank's account data, which SurePay says can happen with some foreign bank accounts
- SurePay states that it is ISO 27001 compliant rather than certified, and delivers its SOC 2 Type 2 report through an ISAE 3000 report
Pricing: Dutch portal plans: Insight Starter €2,700 a year excluding VAT (900 checks a year, 5 portal users); Insight Pro €5,700 a year excluding VAT (4,000 checks a year, 10 portal users). Connect API (from 16,000 checks a year), bank and UK pricing not published; contact sales.