AstroPay is the trading name of Larstal Limited, a company registered in the UK and regulated by the FCA as an e-Money Institution with the reference number 900901. Besides, AP Global Corporation LLC, UK, and Galactic Mark Limited, HK, used to be listed as operators on the website.
According to Companies House, the beneficial owners of AstroPay are Uruguayan nationals Andrés Bzurovski Bay and Sergio Enrique Fogel Kaplan. AstroPay Cards, sold through resellers such as MorPay or Paywards, have become very popular as a means of payment among high-risk merchants and scammers.
AstroPay offers its wallet-based instant payment method based on an app available for Apple and Android. A wide variety of payment service providers (PSPs) can be integrated via the app. Additionally, AstroPay sells prepaid cards (gift cards) that can be distributed through resellers and redeemed at participating merchants. The company focuses on South American markets and announced its entry into the Brazilian market in December 2020.
A wide range of FX brokers, gambling, betting, and casino ventures accept AstroPay, which is also one of the scammers’ favorite means of payment. Unfortunately, many scam brokers also use Astropay as a payment processor or the AstroPay Card.
The AstroPay Card is sold, for example by MorPay, owned by Indian national Prathima Mortha, or Paywards. The latter also sells prepaid cards from Jeton (La Orange) and CASHlib (issued by EMP CORP and Syspay).
All three AstroPay, MorPay, and Paywards are customers of the Lithuanian GlobalNetInt (GNI) and other prepaid card issuers and resellers – La Orange, Kasbee (d/b/a Cashu), or Directa24. GNI is certainly one of the big payment processors in the gift card and online voucher space.
On Trustpilot, Astropay gets a “Poor” trust level with a 2.2-star rating out of 74 reviews. Given the negative feedback on Trustpilot and, additionally, the payment processor’s involvement in scams, we included AstroPay in our “Red Compliance Light” list.
Last update: 2 Aug 2022