Regulated Latvian high-risk payment processor

ECOMMPAY Group companies offer payment services and direct acquiring internationally under the UK Financial Conduct Authority (FCA) licenses with ECOMMPAY LIMITED and ECOMMBX LIMITED, regulated by the Central Bank of Cyprus.

The ECOMMPAY Group also addresses some high-risk segments and their merchants.

Trading names ECommPay, ECommBX, ECommBanx
Legal entities

ECommPay Limited (UK), ECommPay Ltd (Cyprus), ECommPay Holding Limited (Cyprus), ECommPay Foundation Limited (Cyprus), Viramax Limited (Cyprus), Invitro Services Limited (Cayman Islands), SIA Choko (Latvia)

Related individuals Aleksejs Sjarki, Paul Marcantonio, Michael Charalambides, Arthur Gots
Regulators FCA, Central Bank of Cyprus

According to the UK Companies House, the controlling person of the group is the Latvian Aleksejs Sjarki, who also acts as a director in these companies. ECommPay Holding Ltd in Cyprus is also the controlling shareholder.

ECommPay has both a branch in Cyprus and the separate legal entity ECommPay Ltd. All companies in Cyprus are located in Alpha Business Centre and share offices and staff there. ECommBX operates its platform ECommBanx (, which does not inform that it is part of the ECommPay group.

We have no information that ECommPay acted in an unlawful or unethical way. Hence, we included it in our “Green Compliance” list.

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