Tag: Payabl Group
Merchant Update: High-Risk Payment Processor Payabl With New Domain Taurus21!
FinTelegram recently reported that according to Similarweb statistics, porn sites xHamsterLive and StripChat have disappeared from the top referral sites of the German-Cypriot high-risk payment processor Payabl. The Payabl Group has created a new domain, Taurus21.com, which is now used to handle payment processes with porn and gambling customers. Via Taurus21.com, payable processes the payment traffic from its porn and online gambling merchants.
Visa Welcomes High-Risk Payment Processor Payabl In Direct Preferred Partner Program!
Cyprus-based high-risk payment processor Payabl has become the latest addition to the Visa Direct Preferred Partner Program, PaymentExpert reports. The membership will provide Payabl access to Visa’s tools to improve real-time payment solutions. There is an intense discussion on Twitter about the payment processor specializing in porn and gambling and its founders, Ruediger Trautmann and Dietmar Knoechelmann. The company recorded a 182% YoY growth with its high-risk merchants.
Popcorn Days: Wirecard Trial Starts With Open Questions About Its Shadow Structure!
The Wirecard trial begins on 8 Dec 2022. The main question will be: Who is responsible for the scandal? Markus Braun, the founder and former CEO, Oliver Bellenhaus, managing director of Wirecard Dubai, and the former head of accounting, Stephan von Erffa have to answer critical questions! Braun and his accomplices are alleged to have operated Wirecard as a criminal organization, the indictment says. The court has scheduled 100 days of hearings. In an underground courtroom.
Payabl-Investment KlarPay Announced USD AND GBP Accounts
Payabl Group-funded Swiss-Cypriot FinTech Klarpay, focused on online merchants and influences, has announced the launch of USD and GBP accounts. This addition enables its clients to send and receive USD and GBP payments globally via their corporate Klarpay account. With Klarpay’s Swiss IBAN accounts, businesses can transact through SEPA and SWIFT in more than 90 countries and 70+ currencies via its Dashboard and APIs.
Interesting: German-Cyprus Payabl Seems To Be The Leading Porn Payment Processor!
Recently, the online financial magazine FinanceFWD brought a report about the porn customers of the collapsed German high-risk payment processor Wirecard. For years, Wirecard happily processed payments for the porn empire around MindGeek, for example, for their websites PornHub or YouPorn. Today, the former Wirecard top executives Dietmar Knoechelmann and Ruediger Trautmann and their German-Cyprus Payabl Group are among the leading porn payment processors, Similarweb data suggest.
Introducing The Other Wire Card
The German Ruediger Trautmann was Wirecard’s COO between 2005 to 2010. According to the Zatarra Report, Trautmann incorporated numerous undisclosed companies in the Wirecard scheme during his tenure. One of these satellite companies was Wire Card UK Limited, where he served as a director from 2006 until its dissolution in 2010. This Wire Card UK did not belong to the German Wirecard Group but was part of the scheme. The similarity of the names was probably no coincidence.