Collect & Pay

[alexor424]

Hi!
KuaPay offered me to open an account in COLLECT&PAY - Digital Banking & Global Payments Solutions
Does anybody has experience with them?
They have very strange formation and licence.

 

[JohnLocke]

What exactly do you want to use them for?

They are very know so you want to be cautious.

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[alexor424]

They offer C2B. Can you tell me more about them?

 

[LoveMyLife]

They are Fintech registered and licensed in Kazakhstan.

Their license is limited to some activiies and to set time only.

They do not publish any fee structure.

They has to work just under special regulations in startup hub.

If their license will expire, your funds will be lost..

 

[alexor424]

This company was working thru Altin Bank in KZ.
Today they send this message to its clients:

"We would like to update you that currently, we are doing infrastructural changes so we can not accept new payments into your account.
As soon we will be able to resume the account funding we will update you.
Your account will stay active just without the option to use it for payments."

The main question now: will we be able to withdraw our money from them.
I will keep updated.

 

[alexor424]

So, the money have stuck there. they are unable to to return them.
I'm asking KuaPay to return me the money i paid for opening of this account, but they wasting time, telling some bulls**t about they wait Collect Pay to return to them.

BTW. Collect and Pay charge 2K for opening and pays commission to agent- they charged me 3.5.
And KuaPay continue to promote this offer. So, it is obvious that booth of companies are SCAM.
KuaPay is scam and Collect and pay are the same. Avoid of them.

 

[alexor424]

Updated, Kua Pay has promised to reopen account in different EMI. FoC. Hope on them.
I will keep updated, And I will be very glad if I am wrong in the conclusions I made in the last post.

 

[pipona]

Curious to hear if you received any update from them about this.

 

[alexor424]

pipona said:
Curious to hear if you received any update from them about this.
Click to expand...

Nothing. KunaPay has done nothing yet.
Collect and pay has not paid.

 

[JohnLocke]

Admin said:
They are very know so you want to be cautious.
Click to expand...

As I was used to say for some month ago. They are very NEW so you want to be cautious! Now you see why you will have to take it slow with new businesses.

Still I hope they will sort this out for the best of all struggling to get their money out of there.

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[AndersonSilva]

alexor424 said:
They offer C2B. Can you tell me more about them?
Click to expand...

For which industries, please?

 

[Forex33]

KuaPAy is the SCAM company all their solutions are not stable or you will have issues like i did and lost my money, stay away from KuaPay and from their solutions all fake stories guys....find a different provider, CollectPay-its a big SCAM under introduction from KuaPAY.

 

[JohnLocke]

Forex33 said:
KuaPAy is the SCAM company all their solutions are not stable or you will have issues like i did and lost my money, stay away from KuaPay and from their solutions all fake stories guys....find a different provider, CollectPay-its a big SCAM under introduction from KuaPAY.
Click to expand...

can you explain your issue or just one of them in some more details?

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[marina marina s]

did it work out with kuapay? they've offered me c2b merchant account, but I am a little hesitant now

 

[pipona]

There are enough red flags with this company to stay away from them, plus empty promises and aggressive and obnoxious sales practices

 

[JohnLocke]

pipona said:
There are enough red flags with this company to stay away from them, plus empty promises and aggressive and obnoxious sales practices
Click to expand...

please elaborate on such statements!?

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[Katarina]

They purposed to open C2B bank account with a Swedish dedicated Iban for 3500 thousands euros for cryptocurrency exchange business, and guess what of course they are asking to pay 60% of this amount before account opening for set-up fee. After what I read above do not think I gonna pay..

 

[sienna]

alexor424 said:
Hi!
KuaPay offered me to open an account in COLLECT&PAY - Digital Banking & Global Payments Solutions
Does anybody has experience with them?
They have very strange formation and licence.
Click to expand...

We opened many bank accounts for our clients with kuapay and never have problems. Really I recommend them they have good costumer services. Is my opinion I hope it help you!

 

[sienna]

Katarina said:
They purposed to open C2B bank account with a Swedish dedicated Iban for 3500 thousands euros for cryptocurrency exchange business, and guess what of course they are asking to pay 60% of this amount before account opening for set-up fee. After what I read above do not think I gonna pay..
Click to expand...

I offered this solution for 2 clients by kuapay and my clients are happy with this solutions. Of course if you are in a good standing 😉 I hope my opinion can help you

Katarina said:
They purposed to open C2B bank account with a Swedish dedicated Iban for 3500 thousands euros for cryptocurrency exchange business, and guess what of course they are asking to pay 60% of this amount before account opening for set-up fee. After what I read above do not think I gonna pay..
Click to expand...

I offered this solution for 2 clients by kuapay and my clients are happy with this solutions. It had everything that they said! Of course if you are in a good standing 😉 I hope my opinion can help you

alexor424 said:
Updated, Kua Pay has promised to reopen account in different EMI. FoC. Hope on them.
I will keep updated, And I will be very glad if I am wrong in the conclusions I made in the last post.
Click to expand...

Did you have the account? Kuapay did give you the promised?

Last edited: Nov 23, 2021

 

[sienna]

marina marina s said:
did it work out with kuapay? they've offered me c2b merchant account, but I am a little hesitant now
Click to expand...

I have worked with them. I have not had any problems, the accounts they have offered me have been correct. I have passed 7 clients to them, and my clients are happy with their accounts.