Tag: Ugne Buraciene
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.
Da Capo Binary Options! High-Risk Payment Processor Payabl Gifted BMWs To Its Employees!
It's like the best days of binary options. Back then, big binary options companies like Yukom were known for giving their employees new cars and preferably BMWs. Yukom CEO Lee Elbaz was sentenced to 28 years in prison in the U.S. for investment fraud. At Payabl's X-Mas celebration, Group CEO Ugne Buraciene announced the company would gift a brand new BMW to all Cyprus-based employees. The company was established by the former Wirecard top executives Ruediger Trautmann and Dietmar Knoechelmann.
High-Risk Payment Processor Payabl Continues Explosive Growth With Porn Merchants.
While Laila Mickelwait continues to fight tirelessly on Twitter against Pornhub and the sexual abuse and illegal content on sex sites, the German-Cypriot high-risk payment processor Payabl (www.payabl.com) which specializes in porn sites, continues to grow unabated. Last month, the website recorded around 20% more visitors than the previous month. Most of the website visitors come from German porn sites like xHamsterLive and StripChat.
Wirecard Legacy: High-Risk Payment Processor Payabl. And Its Business Model!
While the former Wirecard CEO Markus Braun is waiting for his trial in Germany, the insolvency administrator, Michael Jaffé, is trying to shed light on the scandal and claims damages against the former management and partners. In June 2022, he secured over €220 million from a subsidiary. Meanwhile, high-risk payment processor Payabl, founded and run by former Wirecard top executives, is thriving and promoting itself in an aggressive Wirecard-style on social media.
Impressive! Payment Processor Payabl Numbers Exploded Powered By Adult Business And Gambling!
The Similarweb September statistics came out and show that the number of visitors to the website of Cypriot-German payment processor Payabl (formerly PowerCash21) increased tenfold in Q3 2022 - from just under 15,000 to almost 140,000. Similarweb says that more than 55% of website traffic has been sourced from porn sites and just under 35% from gambling, betting, and lottery sites. Payabl is thus likely to have replaced the collapsed Wirecard in Germany as the high-risk payment processor, Similarweb suggests!
Payabl Investment Klarpay Proudly Announced Its Q3 2022 Milestones!
Klarpay is a FINMA-regulated FinTech and received an investment from Payabl Group a few months ago. The latter was founded by former Wirecard executives Ruediger Trautmann, Dietmar Knoechelmann, and his wife Ayelet Fruchtlander-Knoechelmann. Klarpay announced that in Q3 it became a Principal Member of the VISA network and integrated Visa’s B2B Connect, which enables Klarpay’s business customers to perform cross-currency outbound payments. And it introduced Apple Pay.
Swiss-Cyprus Payabl Investment Klarpay Seems To Grow Fast In Turkey!
A few months ago, the Cyprus-based Payabl. (formerly PowerCash21) founded by former Wirecard managers Ruediger Trautmann, Dietmar Knoechelmann, and his wife Ayelet Fruchtlander Knoechelmann, led a CHF 3 million investment in the Swiss FINMA-regulated Klarpay AG. Key people of Klarpay are based in Cyprus, and Turkey is probably the most important market according to the latest Similarweb statistics. Klarpay appears as a BDSwiss spin-off, with most of its key executives having worked for the CySEC-regulated broker.
The Fight Of Former Wirecard Managers Against FinTelegram!
While new money laundering allegations against the Wirecard scheme put the collapsed German fintech into the limelight again, the business of former Wirecard managers and partners seems to flourish. Around 2010, former Wirecard managers and partners Ruediger Trautmann, Dietmar Knoechelmann, his wife Ayelet Fruchtlander Knoechelmann, together with Frank Schoonbaert, and Nissim Zarfati established Payabl Group (previously PowerCash21). Here is another update!
FINMA-Licensed Klarpay Is Focused On Digital Merchants And Influencers!
Klarpay claims to be the first FINMA-licensed Swiss fintech to work exclusively with e-commerce, digital merchants, and social media influencers offering cross-border payment acceptance and remittance solutions, including access to multi-currency IBAN accounts, global payment acceptance, and digital disbursement services. Founded in 2019 by the BDSwiss co-founder Mihkel Vitsur, Klarpay was one of the first Swiss fintech's obtaining a banking license under the news Small Banks Regime. Here is our initial review.