ePayments is gone!

#2
where did you hear the rumors?

admin, could you please decrease the minimum number of words for a post?
 
#4
#5
Admin said:
Beside the rumors available here https://www.offshorecorptalk.com/threads/epayments-may-have-a-hidden-agenda-be-warned.27167/ I have not heard anything, maybe you should point out where you heard this and check the source of such rumors!
Click to expand...
Thanks, found a lot of interesting info there, including topic about ePayemnt's bank Rietumu https://www.offshorecorptalk.com/th...ent-account-closure-and-theft-of-funds.23267/
But looks like nothing abnormal happened during last few months, so I presume that this is false alarm.
 
#7
ePayments suspended all operations. Here is their announcement;

On the February 11, 2020 ePayments Systems Limited (‘ePayments’) agreed with the Financial Conduct Authority (‘FCA’) to suspend all activity on its customer accounts. This decision was taken following a review, by the FCA, of ePayments anti-money laundering systems and controls, which identified weakness that required remediation.

We know this will be a very frustrating time for our customers. We apologise for any inconvenience caused and are working tirelessly with the FCA to ensure improvements are made and accounts can be reactivated as soon as possible. During this improvement process, we want to assure customers that their funds are being safeguarded as normal.
 
Reactions: Marie Manila and Martin Everson
#12
Lol....go to epayments website and see message that pops up. Looks like it bit the dust now. Cant see this Russian company making a come back...but hey people know my feelings from my posts about them anyway. I wish them luck with FCA. When Revolut etc had AML issues they were not suspended so make of that what you want on the seriousness.
 
#13
On the February 11, 2020 ePayments Systems Limited (‘ePayments’) agreed with the Financial Conduct Authority (‘FCA’) to suspend all activity on its customer accounts. This decision was taken following a review, by the FCA, of ePayments anti-money laundering systems and controls, which identified weakness that required remediation.

We know this will be a very frustrating time for our customers. We apologise for any inconvenience caused and are working tirelessly with the FCA to ensure improvements are made and accounts can be reactivated as soon as possible. During this improvement process, we want to assure customers that their funds are being safeguarded as normal.
 
#14
My prepaid epayments card is blocked. I can't use it anymore.
So from what I understand, they just need to implement more due diligence, it should not take that much.
The FCA is less a problem than Mastercard. If it would have been mastercard, this would have been another story.
 
#15
That was expected already when the first thread showed up here on the forum! thanks for letting us know.
 
#19
Just received their email.
Luckily I didn't have any money with them as they were shady to me (I got the feeling I couldn't trust them holding any of my money)

 
Reactions: extremedox101
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