Who is the Acquiring Bank which all the PSP out their use?

**Safa** · 05-13-2009, 10:28 PM

For a long time I have now tried to figure out who the newb PSP is using to get their bsuienss started, companies like psbill, failsafepayments.com, chargegate.com etc.!

Here we go, it is as easy as 1,2,3 contact the guys below and you will be able to sign merchants and even have a co branded payment gateway for them.

Agents / Resellers | Transact Pro

**jpay** · 05-14-2009, 09:38 AM

Thank you safa for sharing, I will have a look at them, I already knew that there was a bank in Latvia but never realized who they are

**surender** · 05-17-2009, 10:06 AM

Thank you for sharing, but as this company you are referring to is not a legit company any longer and they steal your money I would have made a better investigation about them before posting such crap here.

They have stolen peoples money everytime they had a chance, the SCAM was perfect made since the PSP's using them was the looser not this company, they just hiding behind all this.

**jpay** · 05-19-2009, 10:22 AM

transactpro have been in business for ages and in the past they was able to place everything what other Acquiring banks rejected, but this was only a question of time before they got the Visa and MC hammer, not they are as every other MSP, they can take the regular business and nothing exceptional. They have been burned by some PSP's and their merchants which learned them a lesson.

There are better solutions if it gets complicated for your high risk business, they are more expensive but they are better and will last for a long time.

**power** · 05-19-2009, 02:14 PM

I will try to apply with my replica biz to them and see if they will accept it, a friend of mine was processing some pharma, they freezed his account because he was selling controlled but they managed to figure out the issue and he got his money after 180 days.

**bizman** · 05-20-2009, 10:37 AM

LoL try with your replica, they will refuze it, but good luck.

You will need to set this up corretcly or you will fail not many banks like replica and if they do you will need to have your website compliant and thats a hard task for a replica site!

**Moh1** · 03-01-2010, 10:47 AM

They are still processing controlled drugs, MP3 files and such a like, just had a chat with one of my net friends who used to be processing with them, no problem at all to get approved with his pharmacy biz there, also payouts came as a stream until they shut up the entire business case, he didn't had a direct relationship to the Latvia bank but were processing by a reseller for them.

**SysOp** · 03-04-2010, 07:26 AM

They are still processing controlled drugs, MP3 files and such a like

Are you sure they are still processing for this type of businesses? Seems very dangerous since Visa and MC are monitoring sites of the mentioned nature.