Complaint Letter Exposes Payment Processor's Role in Facilitating Unauthorized Casino Payments Through Clear Junction
The high-risk payment processor PayOp (PayOp.com)...
PayOp is a concerning player in the high-risk payment processing sector, where legitimate regulatory licenses mask systematic facilitation of illegal gambling operations across multiple jurisdictions. Despite holding authorizations from respected regulators, PayOp has been implicated in processing payments for unlicensed casinos.
PayOp is a high-risk payment processor operated through Transferop Payment Gateway Ltd, a money service business registered with FINTRAC Canada, and Fintech Decision Pte. Ltd, registered with MAS in Singapore. We last discovered PayOp as a payment processor in the Binarium broker scam (report here). According to the latest Similarweb statistics, PayOp receives the most traffic from websites in high-risk industries. Here is our updated review!
PayOp is a Ukrainian high-risk payment processor operated through legal entities in Canada and Singapore. Transferop Payment Gateway Ltd is a money service business registered with FINTRAC Canada and Fintech Decision Pte. Ltd, registered with MAS. We last discovered PayOp as a payment processor in the Binarium broker scam (report here). According to the latest Similarweb statistics, PayOp receives the most traffic from gambling sites.