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Payments & wallets

Payment fraud prevention for wallets and payment apps.

Welcome offers, cashback and referrals grow your user base. They also bring fake sign-ups, and hijacked phones that move money out.

88%of risky merchants stopped before they go liveA merchant platform

Payment fraud statistics: where card fraud and scams stand.

Card fraud and scams, measured by the people who count them.

  1. Card fraud

    $33.8 billion

    lost to payment card fraud worldwide in 2023

    Across payment cards issued all over the world.

    Source: The Nilson Report, December 2024

  2. Scams

    $15.9 billion

    reported lost to fraud by US consumers in 2025

    From 3 million fraud reports to the FTC.

    Source: US Federal Trade Commission, March 2026

Payment fraud and promo abuse, and how Monnai protects your campaigns.

  1. Today

    Fake sign-ups, farming your offers.

    With Monnai

    See the links between accounts that look clean.

    Promo & bonus abuse
  2. Today

    Hijacked phones, emptied wallets.

    With Monnai

    Spot an ownership change or an operator move before the money moves.

    Account takeover
  3. Today

    Know your customer, without losing them.

    With Monnai

    Verify from a phone and an email, without friction.

    Onboarding & KYC

Get answers about payments

How can wallets stop payment fraud from hijacked phones?

Once a customer’s number has a new owner, security codes, and then the money, can follow. Before a transfer or a payout, Phone Intelligence flags an ownership change or an operator move on the number, so you hold the payment and verify again only when the risk is real.

How do wallets stop promo abuse from fake sign-ups?

One person can open dozens of accounts to claim every welcome bonus and cashback offer. Network Intelligence shows the links between accounts that look clean, such as one number or address behind many identities, or a burst of sign-ups, so offers go to real customers.

Can a wallet verify customers without documents and selfies?

Start with a phone number and an email. Mobile KYC confirms, silently, that the number is registered to your customer, and Government KYC checks typed details against official records where available. Document and selfie steps are kept for the doubtful few, so fewer sign-ups are lost.

Will Monnai work with our existing fraud checks?

Yes, it feeds them. A global remittance company added Monnai’s phone, email and digital footprint insights to every online transfer, for its own fraud checks to use, with insights on 99% of its customers. Your rules and models keep making the call.

What does a test on our own payment data involve?

Send past sign-ups or payments, with a phone number and an email for each. We score them offline, with no integration on your side. Keep your outcomes and grade us blind, or share them and we measure the uplift. Your full report comes back within 5 business days.

Let us prove it. Test us on your data.

Send past applications or transactions. We score them and send back a full report: every score with its reasons, and the uplift for your portfolio.

5 business days to your full report. We commit to it.