Why DUO?
Purchase fraud is costing us trillions
Today’s pickpockets don’t just work the streets - they work the ATMs, petrol stations, and the internet, stealing your card details as you shop.
What's AUD$3.483 trillion amongst friends?
That’s the estimated cost over the coming decade of purchase fraud – and the money spent frantically trying to contain it. That’s AUD$3.483 trillion. Trillion. With a “T.”
Who pays that bill? You do – through higher prices, higher banking fees, and the hidden cost of defending every transaction from fraud.
Imagine if that leak was stopped. Lower bank fees. Cheaper retail prices. Fewer headaches. More money staying where it belongs – with those who have earned it.
*Sources: US$403.9 billion (AUD$622.2 billion) in purchase fraud: The Nilson Report – the leading trade publication covering the global payment card industry; and x4.6 in cost for each US$1 (AUD$1.54) lost: LexisNexis® True Cost of Fraud™ Study 2025.
Card's lost. Balance isn't. Declined in real time, every time.
Why DUO?
OtherPay has built DUO: technology engineered to materially reduce purchase-fraud opportunities.
Not harder to commit, not costlier to manage.
Impossible.
Context
Struggling to appreciate the value of
AUD$3.483 trillion?
Based on 2024 budgets and at a modest 2-3% annual inflation, the cost of purchase fraud is equivalent to:
Funding the World Health Organistion (WHO) for 129- 166 years of global health care.
Funding the UN for 128-163 years - sustaining global peace and security.
The cost of NASA for 50-58 years - powering space programs for over half a lifetime.
Or for more relatable value:
Approximately AUD$425 for every person on earth
58 million mid-size (AUD$60,000) vehicles
Approximately 91% of the world's official gold reserves.
Based on US$ – AUD$ exchange rates as at 29th October 2025.
Common sense says you don’t leave things switched on if they can cause harm. Yet that payment card you’re using now is always “Left ON” – ready to be exploited.
Watch our videos or listen to our audio skits. Using entertaining everyday comparisons, they expose the absurdity of how we’ve been expected to pay for things – situations that would be ridiculous if they didn’t mirror how purchasing actually works today.
With OtherPay, only you can activate a transaction.
No guesswork. No algorithms. No AI required.
Why DUO?
Make a different choice.
Don’t let purchase fraud eat your money. These costs don’t have to exist.
Why DUO?
If it's left on, you're accepting the risk.
You’d never leave a candle burning in an empty house - yet you’re expected to leave your payment card ‘on’ for abuse, 24/7.
Make the sensible choice.
Why DUO?
If it's left on, you're accepting the risk.
You’d never leave a candle burning in an empty house - yet you’re expected to leave your payment card ‘on’ for abuse, 24/7.
Make the sensible choice.
