High-Risk Payment Processor Fasto Listed On PayRate42

The cyberfinance rating agency PayRat42 listed the high-risk payment processor and merchant services provider Fasto a/k/a Fasto Payments, which is doing business via legal entities in the U.S. and Estonia. PayRate42 included Fasto in its “Green Compliance” list.

The Fasto offering includes:

  • Payment gateways (FIAT and crypto)
  • Merchant accounts (low/medium/high risk)
  • Local payment methods
  • Fraud and risk tools

According to its website, Fasto serves 500+ merchants operating in low/medium/high-risk industries, including dating, gambling, adult, and cryptocurrencies.

The website does not disclose any conditions. Merchants must contact Fasto to receive a quote.

Fasto was founded in 2022 by Dennis E.R. Pedersen (Linkedin), who is also the founder of PurePay (PR42 profile).

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