Key Data

• Trading Name: ContinentPay
• Legal Entity: MARKET PROMO LLC
• Activities: Acquiring Soluton
• Location: Poland
• Regulations: unregulated
• Key People: Gery Shalon

ContinentPay is a payment gateway solution designed to streamline transactions for merchants.

Offering

ContinentPay offers a payment gateway solution designed to facilitate seamless transactions for merchants. Due to them It integrates with merchant websites and supports multiple payment methods, enabling efficient payment processing and fast deposits.

Key Features:

• Customizable branded payment pages.
• Advanced AI-based anti-fraud systems.
• Real-time analytics and reporting.
• High-level security with 3D Secure measures.
• Functional and customizable back-office tools.
• Simple API integration.

Regulation

ContinentPay is not regulated by any major financial authority, which is concerning. This lack of oversight can expose users to increased risks regarding transaction security and operational integrity. Regulatory oversight is essential for ensuring strict standards for security and customer protection, and its absence can undermine trust and reliability in the platform. Potential users should carefully consider these risks when evaluating ContinentPay for their payment processing needs.

Key People

Fintelegram recently reported that ContinentPay could be controlled by Gery Shalon, also known as Garri Shalelashvili. He is an Israeli national originally from Georgia and is considered one of the world’s most notorious cybercriminals. He gained infamy for orchestrating cyberattacks on the U.S. financial sector, including the largest theft of customer data from a U.S. financial institution in 2014, which affected over 100 million people.

Gery Shalon was arrested in Israel in 2015 and subsequently extradited to the United States. In November 2015, U.S. authorities charged him with organizing extensive cyberattacks on U.S. financial institutions, brokerage firms, and a major news agency. These attacks were unprecedented in scale and impact, resulting in massive data breaches and significant financial losses.

After his confession and the confiscation of over $400 million by U.S. authorities, Shalon returned to Israel in 2022/23. Since then, he has reportedly developed online casino and gambling activities within the OX Gaming group. Our information suggests that he also controls Continent Pay, a high-risk payment processor operated by MARKET PROMO Sp. z o.o., based in Warsaw, Poland.

Continent Pay’s Operations

Our review indicates that ContinentPay is a player in the high-risk payment processing sector, with nearly 470,000 monthly visitors to its website. According to Similarweb data, almost all visitors are redirected from online gambling sites. Notably, the online casino Atlantis Slots, operated by Pennytech Holding B.V. and licensed in Curaçao, has been identified as the top referrer of traffic to the ContinentPaywebsite in the past 28 days.Further investigation revealed that customer deposits for Atlantis Slots are processed via Continent Pay using various methods, including debit/credit cards and Binance Pay. UAB Criptomy (company data) is listed as the merchant for Binance Pay transactions, with Mariana Achim registered as the managing director.

Customer Review

There are no customer reviews available online, making it difficult to gauge user satisfaction and trustworthiness. This lack of feedback and regulatory oversight raises potential risks regarding transaction security and overall reliability. Potential users should carefully consider these factors when evaluating ContinentPay for their payment processing needs.

Conclusion and Rating

Due to the lack of data on regulatory compliance, the absence of customer reviews, and the potential connection to Gery Shalon, we rate ContinentPay as RED. These concerns about transparency and potential risks in using the platform are significant and should be carefully considered by potential users.