Elavon Merchant Services | FinTelegram News

Tag: Elavon Merchant Services

March 21, 2022

Breaking News! Please read the statement of the PGSELLERS director!

FinTelegram has received a statement from Paul Solinsky, the director and beneficial owner of the UK entities PGSELLERS LTD and Ecore Payments Ltd d/b/a Ecore Merchant Services (Ecore). We have exposed PGSELLERS as an illegal payment processor and scam facilitator in various broker scams. However, Paul Solinsky claims that he has been a victim of a group of fraud gangs. He already applied to the Companies House for a voluntary strike-off of PGSELLERS. Below is his statement to FinTelegram:

High-risk payment processors

February 2, 2022

Paul Solinsky, PGSELLERS and Ecore Merchant Services!

Paul Solinsky is the director and beneficial owner of the UK entities PGSELLERS LTD and Ecore Payments Ltd. In the latter, his relative Maurice Solinsky is also registered as the beneficial owner. While PGSELLERS officially runs an online education platform for traders, Ecore Payments operates under the trade name Ecore Merchant Services (Ecore), which claims to be a partner of the Irish Elavon Merchant Services. PGSELLERS have come to attention several times as illegal payment processor and scam facilitator.

Breaking: Former Austrian Finance Minister Karl-Heinz Grasser Goes to Prison And Into Personal Bankruptcy!

A corruption scandal unlike anything the European Union has ever seen: former Finance Minister Karl-Heinz Grasser has hit rock bottom. Following the final verdict in the largest corruption trial of the Second Republic, he now faces not only imprisonment but, as revealed today, has also filed for personal bankruptcy.

Stablecoins in DeFi: Pegs, Promises, and the Terra Collapse

Stablecoins are the lifeblood of DeFi. They promise the stability of fiat currencies with the flexibility of crypto—and serve as the core trading pair, collateral, and unit of account in decentralized finance. But when a stablecoin loses its peg, the entire system trembles. In this fifth installment of the FinTelegram DeFi Series, we explore the types of stablecoins, how they function in DeFi.

Financial Report: The Growing Importance of Stablecoins in Traditional Finance (TradFi)

With a total market capitalization exceeding $260 billion and transaction volumes surpassing $27.6 trillion in 2024, stablecoins are redefining payment infrastructure by offering speed, cost efficiency, and transparency. Recent developments, such as Visa’s deepened involvement in stablecoin infrastructure and Circle’s anticipated initial public offering (IPO), underscore the segment’s growing integration with TradFi.

Mastercard Bets Big on Stablecoins: Pioneering the Next Wave of Digital Payments and Outpacing Rivals

Mastercard is positioning itself as a leader in bridging traditional finance with digital assets through a comprehensive stablecoin strategy. By developing end-to-end infrastructure and forging key partnerships, the company aims to make stablecoins as usable as fiat currency for consumers and merchants – a move with significant implications for global payments.

EXPLOSIVE REVELATIONS: 20Bet’s GERMAN GAMBLING EMPIRE – AND REVOLUT’S SHADOWY ROLE IN ILLEGAL PAYMENT PIPELINE

The cyberfinance rating agency RatEx42 just published an explosive report. A toxic web of regulatory violations, money laundering risks, and consumer exploitation has been exposed in Germany’s underground gambling scene – with 20Bet at its core and Revolut allegedly fueling its operations. Fresh evidence suggests a brazen disregard for EU gambling laws, AML protocols, and Germany’s strict GlüStV regulations45.