Tag: Neil Sollinger

The High-Risk Payment Processor War Around Paypound Continues!

High-risk payment processors Ben - July 12, 2022

We reported yesterday on a blog post by Paypound accusing BoomBill and their partner Xcepts with Paul Schroeder of withholding $2.5 million in funds that Paypound could not pay out to its merchants. After we published our report, the battle evolved. In a new article on LinkedIn, Paypound elaborated the story further but claimed that the merchants were paid out despite the alleged theft. Already on June 4, 2022, Paul Schroeder of Xcerpts issued a press release, calling Paypound scammers and thieves.

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