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PayRate42 Reviews Blackcatcard: Ongoing Investigations and Customer Concerns

09-12-2024 09:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: PayRate42

PayRate42 Reviews Blackcatcard: Ongoing Investigations

PayRate42 has evaluated Blackcatcard, a mobile banking service provided by Papaya Ltd, which is regulated by the Malta Financial Services Authority (MFSA). While Blackcatcard offers useful features such as free IBAN accounts and crypto services, regulatory investigations into the ownership of Papaya Ltd raise concerns. Combined with mixed customer reviews on Trustpilot, Blackcatcard has been rated "Orange" for both compliance and customer experience, highlighting the need for caution.

For more information, visit: https://payrate42.com/listings/blackcatcard/

8 The Green
19901 City of Dover
Delaware
United States

PayRate42 is a rating agency specializing in payment processors. Our main goal is to protect merchants and consumers by providing transparency through the evaluation and rating of financial service providers. High-Risk Payment Processors (HRPP) operating outside the established regulatory framework are our primary focus.

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