Digital Wallet Fraud
As more users adopt them, fully digital payment methods like e-wallets are increasingly vulnerable: fraud can creep in before and during transactions. Fraudulent remittances, digital goods purchases, e-voucher transactions and account takeovers raise the complexity of fraud protection.
4.4B
digital wallet users globally by 2025
187%
growth in mobile payment tokenization revenue by 2025
650
fraud attacks averaged each month in 2020
Instant approvals
Provide customers with a fast, seamless transaction that enhances the benefits of digital wallets — while increasing your approval rate to up to 97%.
Zero risk
Give customers the freedom of digital wallets without putting your bottom line at risk thanks to Vesta’s zero liability guarantee: if we approve fraud, we cover the cost 100%.
Backed by AI
Stay on top of evolving fraud with Vesta’s graphical machine learning approach, trained on over 25 years of transaction data and millions more every second.
Digital Wallet Solutions
Deploy advanced analytics for full fraud prevention with increased transaction approvals within milliseconds. Vesta enables you to layer account protection on top of fraud prevention for a full suite of solutions — from device fingerprinting to risk-based assessments — that address the core causes of digital wallet fraud.
View SolutionsDigital Wallet Results
By guaranteeing the cost of fraud, increasing approvals and securing accounts from fraudsters, Vesta’s solution combines to boost revenue for customers up to 10-20%. As digital wallets surge in popularity and mobile shopping comes to the forefront, it’s crucial to work with a fraud partner that enables rather than stifles that growth.
Learn more about how Vesta's approval enhancement platform can stop digital wallet fraud from impacting your business.
Learn MoreDiscover how our digital goods fraud solution enabled clients to focus on their customers, instead of on fraud.
Broadening accessibility to, and confidence in ACH payments helps advance that vision by giving consumers and merchants a secure, convenient, friction-free payment option.
Lowell Putnam | Head of Partnerships, Plaid
The Vesta team was extremely helpful during our integration - both through an API for a custom app and through an eCommerce platform plugin. The integration only took about 4 weeks, and we are very satisfied with our risk approval and chargeback rates.
Matt Frye | CEO, CardNow