Merchant Warning on Hawex

 

Key Data

Update on Hawex:

Ownership Changes and Declining Website Traffic

Notorious high-risk payment processor Hawex has undergone ownership changes, with Latvian Romans Netrekrutento now identified as the beneficial owner. Previously controlled by Russian Kirill Baldakov and Dubai-based Hawex Investment LLC, the company’s website traffic has significantly declined in recent months. These developments raise concerns about the stability and credibility of the high-risk payment processor.

Please note that the situation regarding Hawex is subject to ongoing changes and should be considered with caution.

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