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.
|Legal entity||Ragapay Ltd|
Skype ID: live:.cid.50b8da71d787b609
|PayRate42 rating||Orange Compliance (profile)|
|Related individuals||Vijaya 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.
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