Using Voilo to make instant payments for goods, services, and donations is fantastic for convenience — but how secure is your money?
Good question. At Voilo, the security of your money is at the heart of everything we do. We’ve taken strict measures to make transactions as easy and stress-free as possible while keeping money protected.
Curious about how Voilo protects your money? Read on.
Bank-level security on every payment.
Feel safe knowing that with every payment you make using Voilo, your bank’s got your back.
To approve a payment through Voilo, you must log in to your bank’s online portal or mobile app to approve it.
That means multi-factor authentication like PINs, passwords, and biometrics add extra layers of security to protect you and your money.
Plus, as they’re credentials you already know and use, you won’t have to remember another set of login details, making payments quick, convenient, and safe.
QR code payment system
QR codes are a game-changer for keeping money safe from cyber threats as they encrypt customer details. As sensitive information is never stored on file, it’s almost impossible to intercept.
Voilo uses an innovative QR code payment system for every payment between customers and merchants.
Customers simply scan the QR code and make payment in the way they choose — far safer than sharing card details or handling cash.
Each transaction is tokenised, which means it creates a code unique to that payment, which can’t be hacked.
Regulated by the FCA
We take your financial security seriously. That’s why we’re regulated by the Financial Conduct Authority (FCA) in the UK.
The FCA’s job is to protect all consumers of financial services from risks such as scams or bad conduct. We’re proud to be an authorised ageht of the FCA to provide all merchants and customers with our services.
This means every transaction is protected under the strict regulations, giving you the peace of mind that your money’s secure.
The combination of using QR codes to encrypt data, multi-factor, bank-level authentication, and FCA regulations mean that Voilo takes every measure to keep your money safe when making payments.
The only thing you have to worry about is what to spend it on!