Tag: Tina Macnelly

Merchant Alert: High-Risk Payment Processor Paypound

High-risk payment processors Ben - January 12, 2023

Edward Tabus is the CEO of Mad Money Casino, which operates through MMC Global B.V. with a license from Curacao. The payment agent is MMC Global Holdings Limited in Cyprus. And with the payments, the Mad Money Casino has a problem. In particular with payments that should come from its payment processor Paypound. On LinkedIn, Edward Tabus has described in detail how Paypound withholds payments. FinTelegram has already warned about Paypound a few times.

Merchant warning! Be aware of the risks with scam-facilitator Paypound!

High-risk payment processors Ben - February 16, 2022

Sometime in the first half of 2021, the unregulated high-risk payment processor Paypound appeared on our radar. After the infamous iPayTotal collapsed and disappeared. There are rumors that former iPayTotal people made Paypound. Paypound is shabby. The first operator was dissolved via compulsory strike-off; the payment processor massively facilitates broker scams. We recommend merchants to be super-cautious with Paypound.