Key Data

• Trading Name: LuqaPay (prev. BestPayCard)
• Legal Entity: Fortis LLC
  
• Activities: payment gateway operator
• Location: Malta, Georgia
• Authorization: no
  
• Related individuals: Songur Ozbingul

LuqaPay is an online payment gateway in over 100 countries around the world, with over 70 payment methods and over 50 currencies.

The Offering

Their service includes

• Digital wallets
• Payment gateway with multi-payment options
• Crypto Solutions
• Advanced Analytics/Reporting
• Pay By Link

Their crypto cashier offers deposit and withdrawal options for several cryptocurrencies, including Ripple, Ethereum, Bitcoin, Tether, Bitcoin Cash, Dogecoin, and Litecoin. This method allows crypto-to-fiat deposits in EUR and fiat-to-crypto withdrawals.

Conclusion

LuqaPay is not regulated. The Website fails to provide information about its operators and related individuals. Moreover, we have learned that LuqaPay falsely claims to be a Malta-based company when it is a Georgian venture. Thus, we include LuqaPay in our “Red Compliance” list.