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Given the UK insolvency and the many negative reports, iPayTotal has run a massive PR campaign in recent weeks. Nice-looking people try to polish the image of the disgraced high-risk payment processor in the best possible way. Among these actors is Sen Kugan, the president of iPayTotal (LinkedIn) and a real person, and Jason Smith, a fake person who does not exist. A few weeks ago, we wanted to know who Jason Smith is and if he even exists. A whistleblower explained that this was one of several fake persons who also worked through fake LinkedIn profiles.
The English-Indian high-risk payment processor iPayTotal has seen better days. The insolvency of their iPaytotal Ltd in the UK is disastrous for their image. Originally, iPayTotal applied for a voluntary strike-off to make the UK entity vanish, but former partner PayGateway Ltd objected; as a creditor, it had asserted claims against iPayTotal.
In October 2020, the UK High Court of Justice ordered the winding-up of the company the court and an insolvency procedure. Embarrassing, isn’t it?
Currently, iPayTotal’s UK operations are run through iPaySolutions Ltd in which Sen Kugan is registered as a director and beneficial owner. In addition, according to the information on the website, there are iPayTotal OÜ, Estonia, with Aditya Williams as sole director, and iPayTotal LLC, Delaware.
On Trustpilot, iPayTotal still holds has a remarkable “Excellent” trust level with a 4.4-star rating. The reviews follow a pattern. A 2-star scam review is regularly followed by 5-star reviews from people who have otherwise not submitted any reviews. Many of these one-time reviewers were invited by iPayTotal to provide a review.
We advise all merchants to be more careful with iPayTotal. Insolvency and the use of fake people are not trustworthy signals.