Mamo partners with RAKBANK to store its client funds. Inline with regulatory requirements and best practices, Mamo segregates its client funds from its own operational funds at all times. These processes and procedures are audited once a year by internal and external financial auditors. Learn more.

Whenever you collect money using Mamo, we charge you a small fee. This fee is a percentage of the transaction and is then split with multiple third parties including Visa, Mastercard, AMEX or other schemes. When it comes to our corporate cards, we actually don't make our money from you. The corporate card offering is completely free. Instead, Mamo makes a small fee from the merchants where your card is used to make a purchase. Learn more.

If you are working with a payment provider that offers you lower fees, this may be possible for multiple reasons which we've outlined on our help center.

If you are on one of our paid monthly plans (we have a free plan too!) your monthly fee will be deducted from your first settlement. If you don't have any settlements for any given month, you will not be charged a fee for that month. That's the fair thing to do.