Investigation: SlipCraft Allegedly Enables Fake Transfer Receipts Used in Digital Payment Scams

An investigation by SaharaReporters has uncovered an online platform known as SlipCraft that allegedly enables users to create fake transaction records and receipts resembling those issued by popular Nigerian fintech platforms. The investigation, published on September 20, 2026, examined how fraudulent digital-payment receipts can be used to deceive traders and other businesses into believing that money has been transferred when no genuine payment has been made. The report documented the experience of traders who said they had lost goods after customers presented apparently successful transfer receipts, only for the expected funds never to appear in their accounts. One trader, Aliyu Balqees, reportedly lost ₦9,000 worth of shoes after a customer showed a receipt for a transfer that never arrived. She subsequently stopped accepting transfers from customers without cash or other means of confirming payment. Investigation Tests SlipCraft According to SaharaReporters, its reporter accessed SlipCraft after finding promotional material for the platform online. The investigation found interfaces designed to imitate financial services and generate transaction records. The reporter said the platform displayed balances that did not represent genuine funds and could produce receipts resembling authentic transaction documents. The investigation also found that the platform allegedly offered features associated with other forms of digital deception, including imitation communications linked to cryptocurrency and payment services. SaharaReporters reported that its investigation also uncovered a Telegram community associated with SlipCraft that had more than 61,000 subscribers, where users allegedly discussed the platform and its features. Kuda Confirms Brand Impersonation The investigation was presented to Kuda, one of the financial platforms allegedly being impersonated. According to SaharaReporters, Kuda's fraud team examined the website and confirmed that it found elements impersonating the company's brand. OPay, another platform referenced in the investigation, had not responded to SaharaReporters' questions at the time the report was published. The Economic and Financial Crimes Commission (EFCC) was also contacted but had not provided a response by publication time. Digital Payment Fraud Raises Concerns The investigation comes as Nigeria's digital-payment ecosystem continues to expand. SaharaReporters cited Nigeria Inter-Bank Settlement System (NIBSS) data showing that instant digital payments reached ₦1.07 quadrillion in 2024, compared with ₦600.36 trillion in 2023. The report also cited the Central Bank of Nigeria's Nigeria Payments System Vision 2028, which put financial-sector fraud losses between 2020 and 2025 at ₦134.48 billion, with attempted fraud during the period reaching ₦187.79 billion. For small businesses, the investigation highlights a particularly important risk: a screenshot, SMS notification or transfer receipt should not be treated as proof that money has actually been credited to an account. Traders and businesses are increasingly advised to verify the transaction directly through their banking or payment platform before releasing goods or services. Legal Risks A legal practitioner cited by SaharaReporters said people who knowingly use digital tools to create fraudulent transaction records could face prosecution under Nigeria's cybercrime and fraud laws. The report specifically discussed provisions relating to computer-related forgery, computer-related fraud, identity theft and related offences under Nigeria's Cybercrimes Act, as well as other fraud legislation. The investigation therefore raises questions not only about the individuals using fake-payment tools, but also about how platforms, social-media networks and financial institutions can detect and disrupt services allegedly designed to facilitate digital fraud. Source: SaharaReporters investigation, published September 20, 2026. The findings concerning SlipCraft are attributed to the investigation; Kuda's confirmation relates specifically to the presence of elements impersonating its brand.