The protection of your information and data is our highest priority. WeMoney deploys state-of-the-art security measures when handling your information and data. All connections and transfer of data use secure encryption over TLS 1.2+.
We use the same industry-standard security practices as the leading banks. Our services are routinely inspected, tested and audited by qualified security and data specialists.
2048bit SSL encryption end to end whenever you use any of WeMoney services.
WeMoney is a non-transactional service, meaning you can take control of your financial wellness, knowing it is not possible to transact (neither WeMoney or even you!) on any of your accounts, nor move your money through the app.
WeMoney is an accredited and active member of the Australian Consumer Data Right Scheme. This connection methodology, known as Open Banking, is regulated by the Australian Government and gives you more control over what data you share.
For selected financial institutions, WeMoney partners with Mastercard to provide members with secure account connections, offering enhanced control over their banking information.
For selected financial institutions, WeMoney partners with Yodlee, a global leader in banking information to store your information securely. Yodlee is trusted by over 30 million users worldwide.
We don’t store your bank login details on our servers.
In order to access WeMoney, all members sign up through an ID verification process that verify's your identity via Australian or New Zealand Government sources. In the cases where we cannot identify you through this process, WeMoney undertakes this process offline with you.
With your consent, WeMoney allows a one-way connection with your financial institution, giving WeMoney access to your transactions and balances to display this information to you via the app.
We give you complete control to access WeMoney by turning on additional security layers within the application for regular secure use.
We handle your personal data with the same care we expect for our own. We never sell your personal data to third parties.
We'd be sad to see you go, but if you decide to stop being a WeMoney member, your details are permanently deleted from our servers.
If you have any questions, get in touch with us at security@wemoney.com.au