Radar / Payment processor / gateway

PayPugs

Payment processor / gateway paypugs.com ↗ Full listing

Signal from the RatEx42 listing Checking public sources…

Greenlisting

Not yet re-assessed

Our verdict

No major concerns (earlier rating)

Our earlier listing found no major concerns. A full re-check is pending.

–Licensed for what it does?Not checked yet
–Warnings or fines from regulators?Not checked yet
–Owners known and transparent?Not checked yet
–Customer complaints?Not checked yet

What should I do?

  1. Still check that the website address is exactly the official one (beware of copies).
  2. Use payment methods with buyer protection where possible.
  3. Keep records of your payments.

Based on public sources at the date of review. Not a finding that the company acted unlawfully; the company can respond below.

About

PayPugs is the trading style of the UK-registered Paypugs Limited, an FCA-regulated PDS introducer controlled by the Latvian Aleksandrs Zelinskis. The Paypugs group works with regulated companies in the United Kingdom, the United States, and Canada. PayPugs is the agent of the FCA-authorized EMI Paystree Ltd (PC42 profile), another Latvian payment processor. The payment processor works in the high-risk segment…

The full check

🪪LicenceLicensing & registrationNot checked yet

This part is checked automatically from public sources when the profile is re-checked.

👥Who owns itOwnership & controlNot checked yet

This part is checked automatically from public sources when the profile is re-checked.

🏦Where your money goesBanking & payment chainNot checked yet

This part is checked automatically from public sources when the profile is re-checked.

⚖️Regulator actionsRegulatory actionsNot checked yet

This part is checked automatically from public sources when the profile is re-checked.

📰News & reputationAdverse media & OSINTNot checked yet

This part is checked automatically from public sources when the profile is re-checked.

💬Customer experienceCustomer conductNot checked yet

This part is checked automatically from public sources when the profile is re-checked.

How we rate: methodology.

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Version history

  • 2026-10-21 Insufficient data Listed, not yet assessed

Are you PayPugs?

You can respond to this profile at any time, free of charge: send a statement for publication or ask us to correct a fact. Please include sources. We review every request and record the outcome.

Signals reflect our assessment of public information at the date of review. They are not a credit rating, not investment advice and not a statement that a company has acted unlawfully. Companies can respond to every profile; published statements and changes are shown on the profile and in the corrections log.