Found new EMI "Paytend"!

[X0t0]

Hello, anyone tried this new EMI called Paytend , this is their app Link here

i search for their license in the E-money Institution of Lithuania and i found them labeled as Credit and Payment Market.

So i want to ask if anyone worked with them as they offer multi-currency account

 

[GlobalConsult]

Terrible and unprofessional website. Images in different positions, different fonts, etc. Not exactly trusting.

 

[Martin Everson]

Yup website looks garbage and font and color scheme of their logo is a ripoff‌ of PayPal.

Why is their admin page in Chinese. ns2

What the hell is this below?‍

https://a.paytend.com/admin/images/certificate/2.html
Whose running this EMI in Lithuania?

 

[Igemon]

Look at this "description". It's VERY funny, they forgot to delete internal comments.
https://play.google.com/store/apps/details?id=com.passport.cashI've made a screenshot before they had a chance to fix it.

 

[Igemon]

Obviously it's still under construction, but the license is real.

 

[Igemon]

Probably Russians pretending‌ to be Chinese. Plastic surgery works wonders these days 😀

 

[Martin Everson]

lol....it don't sound right to me this EMI looking from the outside in. I wouldn't‌ touch them with a barge pole.

 

[X0t0]

do you know‍ any EMI that provide multi Usd accounts and accept Swift Transfers , i need more⁠ than 5 USD accounts, to recieve some payment from companies

 

[Martin Everson]

I don't ever work with USD and always advise people not to touch it.

Its a high risk currency to deal with outside America for a non-American.

 

[EuroKiss]

Just hilarious...

 

[CaptK]

Looks like a white label EMI maybe just in early stages but they obviously have‌ done enough to be accepted.

Worth giving it a go for small transactions lol 😵 😉😀

 

[GlobalConsult]

Does anyone have experience with Paytend ?

I don't understand why these EMI's don't have‌ a fee schedule on their website. Who opens an account without first knowing what it‍ costs and the transaction fees etc.?

 

[Martin Everson]

They buried it all amongst their FAQ pages.

P.S Not⁠ sure on their governance or competency or whether they were on a tight budget which⁤ will explain a lot about their past.

https://www.lb.lt/en/news/nayax-europe-and-paytend-europe-failed-to-meet-capital-requirements

 

[fraudexpert]

Any updates? are they good now? crypto-friendly?

 

[alwaysaint]

HyperPay Wallet - Secure Multi Crypto & Bitcoin Wallet is their shell company. Made in‌ China. Issusing Virtual cards to Chinese customers without enforcing KYC in backend.

 

[Blackcrypto]

They are 100%‌ trash.

 

[jafo]

Have you tried this?

 

[alwaysaint]

I personally haven't tried, but I‌ saw a few famous Chinese influencers from youtube have been promoting it. I've been in‍ their telegram groups for months and I've seen people successfully use it without kyc. (only⁠ the virtual one). There is kyc but they just not enforce it.

 

[nobel]

I downloaded the app and it forces you to allow your contacts, media and location‌ access, none can be denied otherwise nothing works! GPS also flashes constantly and they always‍ retrieve the location!!! I hate this, a no go! anrid:

 

[jafo]

A lot of apps do this now which is why I have an alternate virgin phone⁠ (Oneplus) with nothing on it. No contacts and no media. Not even a SIM card.⁤