New Standard for Secure Payments
Litpay offers a pioneering payment system with a built-in anti-fraud model based on artificial intelligence and machine learning.
90%
of customers prioritize security over transaction speed
20%
of Polish SMEs experience up to 50 cyberattacks annually
10m zł
is the annual loss from fraud for every 10th corporation in Poland
10m zł
is also a potential saving for each of them!
TOOLS
How do we secure online transactions?
The rising cybercrime is increasingly driven by AI. Litpay continuously learns new fraud techniques and analyzes transactions to effectively protect your customers.
Tracking
We base user understanding on over 5000 attributes in areas such as customer behavior, digital fingerprint, and network connection characteristics
Artificial intelligence
We employ AI and ML solutions in our decision-making engine
Data encryption
All data is encrypted, with the most sensitive information stored using state-of-the-art technologies
Convenience and Security
Litpay is compatible with all major online payment methods.
Payment gateway
with anti-fraud system
Litpay is a payment gateway using the most technologically advanced cyber security tools from Nethone, the market leader in online transaction protection. Our system protects against:
Scam attempts and theft
Unauthorized transactions
Money laundering
Collaboration
Implementation of secure e-Payment
Consultation
Identifying needs and tailoring the offer to your business
Implementation
Support during the implementation of our system in your company
Reporting
Periodic reports on detected fraud attempts
Litpay is entered in the list of Small Payment Institutions of the Polish Financial Supervision Authority and operates in compliance with the EU PSD2 Directive.
KNOWLEDGE BASE
How corporations assessed the scale of fraud threats in 2023
50%
50% of banks in Poland observe an increase in fraudulent events – compared to 34% the previous year
100%
100 % of corporations in Poland admit to being victims of fraudulent events – up from 88% in 2022
>10m zł
— is the scale of annual losses acknowledged by every tenth corporation
Fraud losses
chart for Polish companies in 2023
Under 100k zł
101k – 500k zł
501k – 1m zł
1,1m – 10m zł
Above 10m zł
I don’t know, it’s hard to say
What are the most common ways of fraud?
Suspected emails
Fake invoices for payment
Impersonation
Goods / services fraud
Other
Don't know
What are the most common fraud risks?
18%
Customer data theft
12%
Employee-initiated fraud
31%
Loss of goods
27%
Cyberattacks
>100k zł
According to our research, 100000zł is the average loss due to a single fraud incident reported by one-third of victimized companies.
Source: "BIK Anti-Fraud Report 2023. Individual and Business Customers. Threats and Protection."
Ensure your customers comfort and security
By offering your users the Litpay gateway, you provide them with payments using a state-of-the-art fraud prevention system. Their sense of security is an added advantage for your business.
FAQ
Litpay has an advanced system that protects against:
- Phishing and theft attempts
- Unauthorized transactions
- Money laundering
Implementation takes place in a few simple steps:
- We provide API
- We generate access keys
- And customers may tense up
Yes, Litpay can be implemented on any e-commerce website.
- Activity related to pornography or prostitution;
- Payment services activities operating without appropriate authorization*;
- Shell companies and financial institutions;
- Unregistered Charitable Organizations or those operating without appropriate authorization*;
- Trade, distribution, production and activities related to illicit drugs, substances designed to mimic illegal drugs and equipment intended for the production or use of drugs;
- Binary options trading;
- Political and religious organizations;
- Production or trade in any product or activity deemed to be illegal under the laws or regulations of the EU or host country or international conventions and agreements;
- Casinos, entities organizing games of chance and games of skill/gambling operating without appropriate authorisation *;
- Obligated entities operating without appropriate authorization*;
- Trade in weapons and military equipment;
- Nightclubs;
- Production of explosives;
- Goods and services containing hate speech based on ethnic, racial, religious or ideological grounds.
- Scrap trade;
- Used car dealers/car/boat/airplane dealers;
- Currency exchange offices with appropriate authorization*;
- Activities in the field of virtual currencies with appropriate authorization*
- Pawnshops with the appropriate authorisation*;
- Trade in fuels and heating materials;
- Intermediaries in the trade of luxury goods (e.g. works of art, antiques, precious stones, jewelry) having appropriate authorisation *;
- Casinos, entities organizing games of chance and games of skill/gambling appropriate authorization*;
- Lending companies with appropriate authorization*;
- Money transfers with appropriate authorization*;
- Real estate trade with appropriate authorization*;
- Energy trading, CO2 limits;
- Travel agencies;
- Foundations, associations with appropriate permission*;
- Advisory services (consulting);
- Waste segregation and disposal;
- Electronics trade;
- Financial intermediation;
- Crude oil;
- Precious metals;
- Tobacco and alcohol products;
- Cultural artifacts;
- Ivory;
- Protected species or other objects of archaeological or historical importance, cultural and religious or of particular scientific value;
- Crowdfunding (crowdfunding) having appropriate authorisation *;
- Pharmaceutical companies, production of medicines and supplements, trading companies dietary supplements/steroids/cosmetics;
- Initial Coin Offering (a form of crowdfunding);
- Banks, financial institutions and other payment service providers with appropriate authorization*.