Key Data

• Trading Name: PayMaxis
• Legal Entity: not given
• Activities: high-risk payment processor
• Location: Cyprus
• Regulations: none
• Key People: Michalis Ph. M

PayMaxis is an anonymously unregulated high-risk payment processor offering merchant account payment solutions for businesses and consumers around the globe. The website provides a fake phone number, and the social media links are not working.

Offering

PayMaxis provides end-to-end high risk merchant account payment solutions for businesses and consumers around the globe.

Their service includes:

• CREDIT CARD PROCESSING
• CHARGEBACK MANAGEMENT
• ALTERNATIVE PAYMENT METHODS
• BANK ACCOUNT SOLUTIONS
• Traffic Management

Fees

not given

INDUSTRIES

high-risk branches like

• FOREX AND CRYPTO

• GAMING AND ESPORTS

• GAMBLING

low-risk branches like

• RETAIL E COMMERCE
• TRAVEL

Conclusion

We uncovered PayMaxis as a facilitator of unauthorized offshore broker activities. Given the anonymity and the facilitating of unauthorized activities result in the black listing of the payment processor.