Microcredit fraud is on the rise—and if you're in the business, you’re probably already feeling the impact. Identity verification methods that once seemed reliable—like selfies, SMS codes, or IDscans—are no longer enough. They’re not just outdated; they’re expensive when applied to fraudulent applications.

That’s why leading companies in the sector are shifting their approach. Younited, for example, is already working with Plusmo Protect as the first layer of its fraud prevention strategy.

Why? Because Plusmo Protect can verify in seconds whether a person is who they claim to be—using just their phone number.

How It Works: Real-Time, Invisible Verification

The process is automatic, silent, and frictionless for the user. No passwords, no selfies, no manual checks. Just smart, invisible verification.

With a single phone number, Plusmo Protect checks:

• Device authenticity – is the device real or emulated?
• SIM card history – how long has it been active?
• Ownership status – does the user actually own the number?
• Fraud risk – are there signs of suspicious activity?

If the number is flagged as high risk, companies can instantly discard the application—without spending on additional verification steps. That means:

• Less fraud
• Faster approvals
• Lower costs
• More trustworthy operations

A Smarter Way to Scale Microcredit

For microcredit companies, identity verification isn’t just a regulatory box to check—it’s the foundation for scaling operations safely and efficiently.

Plusmo Protect filters out fraud at the very beginning, helping teams focus on legitimate users and streamline onboarding. It's a simple equation: when you verify early and accurately, you grow faster—with less risk.

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