Tag: Xcepts
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Wanted: Vanished Serbian BoomBill Allegedly Stole Millions From Its Merchants!
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The vanished BoomBill was the trading name of the Serbian Boom Financial Management DOO, registered in Belgrade. It was a merchant of record or master merchant of Xcepts and allegedly used a fake individual and a fake company to receive an account from Xcepts. Boom had many sub-merchants, one of…
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War Time In The High-Risk Payment Processing Industry!
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Unfortunately, it is an indisputable fact that the payment processing industry is crowded with black sheep and scammers. Especially in the area of high-risk payment processors, many players rip off their merchants. These bad payment processors have included collapsed iPayTotal or the related Paypound or NeoBanQ. On 4 June 2022,…