Tag: RIV

Pagorapido: Opaque Card Processor Inside RIV’s Adult Payment Rails

Compliance Payment Contributor - March 25, 2026

Pagorapido is a card‑payment brand embedded in the Bulgarian Hydra Group’s RagazzeInVendita (RIV) adult‑content ecosystem. It appears to function as an in‑house merchant‑of‑record/payment vehicle rather than a transparent, independently regulated PSP. Its public website shows strong signs of being a placeholder or façade, while the underlying legal entity in Spain has an irregular registry status.

High-Risk SEPA Rails: Unmasking YowPay’s Role in the Adult Entertainment Payment Ecosystem

FinTelegram tamir - March 24, 2026

FinTelegram’s latest compliance investigation reveals how YowPay, a Luxembourg-based payment orchestration layer, facilitates high-risk transactions for the Italian adult platform RagazzeInVendita. Our analysis traces a complex cross-border rail involving Bulgarian operators and German banking infrastructure, raising significant questions about KYC transparency and regulatory oversight in the A2A payment sector.

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