Key Data

• Trading Name: Deeemoz LLC
• Legal Entity: Momo Pay 
• Activities: Digital financial platform
• Location: USA
• Regulations: not give 
• Key People: not given 

MoMoPay is a digital financial platform that offers a suite of services designed to streamline online transactions for both individuals and businesses.

Offering

• Virtual Prepaid Cards: MoMoPay issues virtual Visa and MasterCard prepaid cards, enabling users to make secure online purchases without the need for physical cards.

• Digital Wallet: The platform offers a versatile digital wallet that supports both fiat and cryptocurrency transactions.

• Closed Loop Cards: Designed for controlled spending and exclusive promotions, MoMoPay’s closed loop cards can be used within specific merchant networks, providing users with targeted budgeting options.

• Merchant Accounts: Businesses can benefit from MoMoPay’s merchant accounts, which facilitate streamlined payment processing and enhanced customer experiences. The platform supports various payment methods, including Visa, MasterCard, cryptocurrencies, and fiat currencies.

• International Remittances: MoMoPay enables secure and efficient cross-border money transfers, allowing users to support loved ones or manage international finances.

Customer Review

• Trustpilot 4.1 Stars with 5 Reviews

Regulation

MoMoPay operates as a digital financial platform offering services such as virtual prepaid cards, digital wallets, and merchant accounts. While specific regulatory details about MoMoPay are not readily available, it’s important to note that financial service providers typically adhere to regulations pertinent to their operational jurisdictions. For instance, mobile money services in various countries are often regulated by national financial authorities to ensure compliance with financial laws and consumer protection standards.

Given that MoMoPay provides services like virtual Visa and MasterCard prepaid cards, it’s likely that they comply with international payment standards and regulations set by card networks and financial authorities. However, for precise information regarding MoMoPay’s regulatory compliance and licensing.

Key People

Specific information about the key individuals leading MoMoPay is not readily available in public sources.

Serving Indsutries

MoMoPay serves both individuals and businesses with digital financial solutions. For individuals, it offers virtual prepaid Visa/MasterCard, a digital wallet for fiat and crypto transactions, and airtime top-ups.

Partner

MoMoPay partners with BannQ.com to provide businesses with seamless API integration for issuing virtual Visa and MasterCard prepaid cards.

Conclusion & Rating for MoMoPay

MoMoPay offers a variety of digital financial services, including virtual prepaid cards, digital wallets, and merchant accounts. While their product offerings appear comprehensive, there are significant concerns regarding transparency and compliance. The company provides little publicly available information about its regulatory status, corporate structure, or key management figures. Additionally, their web presence is minimal, with limited online visibility beyond a handful of Trustpilot reviews.

Compliance Rating: 🟠 (Orange)

MoMoPay lacks clear regulatory disclosures and company information, making it difficult to verify compliance with financial regulations.

Management & Business Transparency Rating: 🟠 (Orange)

There is no publicly available data on the leadership team, company ownership, or legal entity behind the brand.

Customer Trust & Presence Rating: 🟠 (Orange)

With only five reviews on Trustpilot and a limited online presence, customer trust and engagement appear low, raising concerns about credibility.

Final Assessment

MoMoPay may offer useful financial services, but the lack of transparency in compliance, management, and customer presence raises red flags. Businesses and individuals should conduct thorough due diligence before engaging with the platform.