High-risk payments

BitMatix is a high-risk payment processor and a successor of the collapsed iPayTotal. In Nov 2020, a UK court ordered iPayTotal Ltd to go into insolvency and liquidation. Many millions disappeared in the collapse of the British-Indian high-risk payment scheme, whose beneficial owners were Ruchi Rathor, Anirudh Pratap Singh Rathor, and Anurag Pratap Singh.

FinTelegram issued a merchant warning against the high-risk payment processor PayStudio operated by the Portuguese Synopsis Success LDA. This legal entity has the same address as the high-risk payment processor CryptoMatix by Ruchi Rathor, who seems to be one of the beneficial owners or controlling people.