UK-based payment gateway operator

Key Data

Trading name: Bankful
Legal entity: PINWHEEL PAY LTD
Activities: Payment technology provider
Location: London, UK
Regulation: no licence
Key people: Blair Thomas Strasser and David Ari Silverton

Bankful (formerly Pinwheel Pay) is a payment technology provider specializing in multi-currency processing and online payments.

The company has made a name for itself by offering a payment processing platform that seamlessly integrates with leading e-commerce platforms from BigCommerce to Shopify and WooCommerce.

The company is controlled by 2 American citizens Blair Thomas Strasser and David Ari Silverton, who are also associated with EMERCHANTBROKER (PR42 Profile).


Bankful’s platform offers its merchants a robust suite of payment products.
Features such as subscription billing, cryptocurrencies, and automated fraud tools are designed to enable merchants to manage their revenue, nurture their customer base, and build their businesses securely.

With a network of acquirers in nearly every country, Bankful supports nearly every currency.

Their price offer is staggered into 4 levels which range from $15 to $95 dollars.
Regardless of the product, Pinwheel charges 0.10 per transaction, $45.00 per Chargeback alert, and 1.00% Crypto Volume.


As Bankful payments neither disclose its legal entity nor is it licensed, we classify the company in our “Red Compliance” list.

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