Key Data

• Trading Name: Payola
• Legal Entity: anonymous
• Activities: anonymously operating high-risk payment processor
• Location: not disclosed
• Regulations: none
• Key People: not disclosed

Payola is an anonymously operating high-risk payment processor. The website does not provide any information about the operator or the relevant jurisdiction. There is also no social media presence.

Conclusion

FinTelegram has furthermore discovered Payola as a payment facilitator in a broker scam.

We, therefore, put Payola on our “Black Compliance” list.