How Enovipay Strengthened Fraud Prevention While Scaling Payment Operations

About Enovipay

Enovipay is a rapidly growing global payment service provider (PSP) helping merchants streamline transactions with fast, secure and scalable solutions. Its comprehensive platform offers seamless checkouts, digital wallets and marketplace integrations, all backed by PCI DSS Level 1 security and real-time insights that empower merchants to grow confidently.

Challenge

As Enovipay expanded, several key challenges emerged:

• Sophisticated fraud attempts: Fraudsters were probing for weaknesses by testing cards, limits and CVVs (card verification value) across the platform. This included testing cardholder names and behaviors across different countries, making it difficult to detect without granular data points.
• Diverse bad actors: Enovipay needed to distinguish among fraudsters, money launderers and disgruntled users, all of whom present different risks to the bottom line.
• Global exposure to risk: Operating internationally introduced varied fraud tactics depending on the region.
• Scalability needs: Rapid growth required a solution that could scale fraud prevention without increasing headcount.
• High-risk merchant profiles: Many of its clients operate in sectors vulnerable to abuse, requiring advanced detection tools.
• Merchant experience: Fraud controls needed to be effective, but not at the expense of legitimate user activity.

“Whether they’re fraudsters, money launderers or just angry people, it affects the bottom line of chargeback rates. We want to identify them before it happens and figure out a solution prior to escalation.”

Martyn Przhebelskyy, Head of Compliance, Enovipay

Solution

After evaluating several fraud prevention providers, Enovipay selected SEON as a strategic risk partner. Enovipay had considered other solutions for AML and transaction monitoring, but found SEON’s comprehensive platform offered the best fit. 

Key reasons included:

• Pre-integration with its payment orchestration platform
• Seamless onboarding supported by SEON’s professional services team
• Flexible rule engine tailored to evolving threats and vertical-specific risk
• Robust device fingerprinting and behavioral analysis
• Fintrack integration, enhancing compliance monitoring
• Flexibility, transparency and instant compatibility with Enovipay’s orchestration layer

“From the first moment, we knew there was a perfect fit with SEON. There was a pre-integration with our platform, and the onboarding process was seamless. We were up and running from day one.”

Mohammed Alragom, CPTO, Enovipay

Implementation

Enovipay worked closely with SEON to build a fraud prevention framework aligned to its growth plans:

• Custom rule configuration: Tailored for Enovipay’s business model and merchant risk profiles
• Ongoing strategic reviews: Regular touchpoints with SEON’s fraud team to refine detection logic
• Internal enablement: Staff training and workshops ensured teams could maximize SEON’s capabilities
• Agile fraud tuning: Risk settings and rules adjusted in real time based on new attack patterns

“SEON’s adaptable rule engine supported us through cycles of rapid growth and refinement. The ability to customize risk parameters on the fly helped us stay agile in a fast-paced environment.”

Sofia Specht, Head of Banking and PSPs, Enovipay

Results

Since implementation, Enovipay has seen meaningful improvements:

• Increased fraud detection: Early identification of suspicious behavior, including card testing and synthetic ID use
• Lower false positives: Faster approvals and improved satisfaction for legitimate merchants
• Operational efficiency: Freed up risk staff to focus on onboarding and long-term planning
• Merchant trust: Data-driven fraud insights helped improve merchant relationships
• Tech resource savings: Avoided extensive internal development thanks to SEON’s plug-and-play capabilities
• Time and development savings: SEON’s single API and out-of-the-box flexibility enabled Enovipay to go live quickly

Conclusion

Enovipay has transformed its approach to fraud prevention by partnering with SEON, not as a solution, but as a strategic risk ally. With flexible technology and hands-on support, Enovipay can now confidently support merchants, scale globally and stay ahead of emerging fraud threats.

“Trust and safety are core fundamentals on which we’ve built our entire platform. Without a solution like SEON, we wouldn’t have been able to scale the way we did or satisfy our users to the degree needed to enable our growth.”

Jonas Jaeger, Co-Founder, Buycycle