PayCly - Singaporian Payment Gateway

[Octagon]

Hello

Does anyone know anything about this company? I can't find anything honestly and it has really high rates and boarding fees + maintenance fees?

 

[Martin Everson]

You mean this company -> High Risk Merchant Account & Payment Gateway Singapore | PayCly

First impression is it seems too good to be true and looks like BS. Where is their contact info, company registration number or just basic info about who they are and where they are based?

Maybe some new user will now suddenly signup and his first post will be. "I have been using them for years and their service is very good" ca#"!

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[Octagon]

Yes it is.

They ask for upfornt payment. about 1k. Every month $300 Maintenance Fee.. Transaction fee between 13%-15%.

It totally depends on the business itself and how high risk it is.

 

[Sols]

Most likely a reseller of someone else's services (who might in turn also be a reseller). If you don't have the right connections, it can be hard to get through to the underlying processors but based on some quick research, I would keep looking if I were you.

The monthly fee and the transaction fee combined sound very high, unless you're doing something very high risk and are just starting out. Even so, you can probably do better if you keep looking.

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This is the probably the answer to your question.

 

[cryptounions]

so many options,no need to pay this greedy company.

 

[Octagon]

cryptounions said:
so many options,no need to pay this greedy company.
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Options Like What??

I'm doing Warez and Pirated Content directly.

 

[Dodoma Intanz]

I have been looking for the payment gateway for this too?

Stealth paypal doesn't seems to scale properly.

Any tips on this would be helpful. Thanks

 

[ac2124]

Anyone else have any reviews about this company? I am thinking about trying them too.

 

[uplana]

They are a reseller, broker or what ever you want to call this crap today. They earn commission on what you process and have no clue about payment processing.

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[ac2124]

uplana said:
They are a reseller, broker or what ever you want to call this crap today. They earn commission on what you process and have no clue about payment processing.
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Any other recommendations for high risk industries like adult and/or file sharing?

 

[uplana]

There are tons inside of the mentor group gold, even a complete guide with 4 or 5 payment processors listed that are valid.

Otherwise look for CCBILL, EPOCH and VEROTEL.

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[jime0102]

we are thinking about trying paycly too. any additional review? or other recommendations for online casino asian? thank you!

 

[Octagon]

They ended up not dealing with me. Actually their acquirer rejected us. They told me they r trying to convince them but eventually they stopped answering my messages. so it is obvious then.

 

[cryptounions]

Octagon said:
They ended up not dealing with me. Actually their acquirer rejected us. They told me they r trying to convince them but eventually they stopped answering my messages. so it is obvious then.
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what's your business BTW?

 

[uplana]

Octagon said:
They ended up not dealing with me. Actually their acquirer rejected us. They told me they r trying to convince them but eventually they stopped answering my messages. so it is obvious then.
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What business are you into?

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[Octagon]

Pirated Media and Filesharing Pirated stuff. But Not Movies, Shows, or even Games

 

[uplana]

It's obvious that you won't find any legit solution for such stuff. You can ocme into mentor group gold, open a new thread and tag me, so I will tell you what options you have.

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Need help to get things done, ping me inside the Mentor Group Gold forums.

 

[Octagon]

This is definitely what I'm planning to do in the upcoming days

 

[clemens]

Octagon said:
Yes it is.

They ask for upfornt payment. about 1k. Every month $300 Maintenance Fee.. Transaction fee between 13%-15%.

It totally depends on the business itself and how high risk it is.
Click to expand...

if they do it is a no go unless you know someone that has successfully processing going with them!

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One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity

 

[covid]

jime0102 said:
we are thinking about trying paycly too. any additional review? or other recommendations for online casino asian? thank you!
Click to expand...

Hey, did you end up using them? If so, how did it go?