Merchant Alert: Indian High-Risk Payment Processor RagaPay Received Orange Compliance Rating!

MErchant alert against high-risk payment processor RagaPay
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Update 8 March 2023: The article was revised after PayRate42 upgraded RagaPay to Orange Compliance. According to PayRate42, the operators of RagaPay have provided relevant information to perform the upgrade from Black to Orange.

The high-risk payment segment has been booming for decades. The business has high margins, as we know from the Wirecard process. The number of high-risk merchants is constantly growing, and with it, the demand for payment services. Unfortunately, most high-risk payment processors are dubious and regularly rip off merchants. RagaPay is an Indian-controlled venture. The cyber rating agency PayRate42 has placed it on the orange compliance list.

Key Data

Trading nameRagaPay
Legal entityRagapay Ltd
JurisdictionsUnited Kingdom
Contact data
Skype ID: live:.cid.50b8da71d787b609
PayRate42 ratingOrange Compliance (profile)
Related individualsVijaya Harishchandra Salian
Julie Daniels (fake)

If you have any information about RagaPay, its operators, and its facilitators, please share it through our whistleblower system Whistle42.

  1. Rob says:

    when I check on Payrate 42 it is on Orange compliance list also we been working with RAGAPAY for a while now and never had any. issue since we started, they are currently the best compared to other High risk solution providers

  2. Chandler says:

    They failed to deliver a working card processing solution, and lied to me too. They gladly took USDT3,000.00 to create an account, but when the account couldn’t do anything that was promised, no refund was provided. Harvey Carr and Andrew Thomas are thieves and scammers. I tried 3 different Visa/MC from different issuers and all were declined. The platform doesn’t even allow Amex cards, which they specifically said I’d be able to process and was a requirement, since those comprise 30-50% of payments received. Reported to Action Fraud and Interpol. Strange all the reviews are from March 5.

    1. K says:

      They tend to pay once or twice and then they claim bank has issues with the Mid (without supporting it in anyway) and vanish with the money.

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