LibertyReserve

LibertyReserve payment processor has came up with an announcement that now all new exchanger's applications will be processed by the third party, namely by an official Liberty Reserve S.A. wholesaler - eCardOne. What is it – a new policy of LR allowing a total control over its customers or a new mysterious scheme of the payment system?

January 25, 2009 will be the day marking the end of the rat year according to the Chinese horoscope. Interestingly, on January 20, 2009 Barack Obama will be inaugurated as the new President of the United States, it will be the day marking the end of the ill-fated reign of George Walker Bush. It became something in the nature of a tradition for the Bushes family to leave their positions after having driven the whole country into the hole.

As soon as WebMoney payment gateway has restricted the exchange of its payment units to other e-currencies people started searching for some other ways to continue such operations. There is nothing surprising in this situation since it was a common user who suffered from those restrictions that deprived them of the opportunity to conduct online financial operations with ease.

Perfect Money payment processor has announced the introduction of new withdrawal solution. According to the company’s press release now the users will be enabled to withdraw their funds using prepaid cards of various payment systems. Previously the company offered such withdrawal options as bank wire transfer, withdrawals through e-currency exchangers, direct transfers to the customer’s account in another payment gateway. 

 

At this moment Liberty Reserve is down because of it's API  bug which already finished with $300,000 loss for several Liberty Reserve accounts holders.

 

Read more about our investigation here.  

 

 

 

 

LibertyReserve decided to stop the gossips about their company and has updated its corporate page. The company has put a brief history and the names of the people standing behind the system. Being inspired with the desire to become an open company LR has put the following announcement on their blog:

LibertyReserve payment processor has announced its partnership with McAfee web secure service. “As part of our continued effort to bring you the safest environment possible to conduct all your financial affairs, Liberty Reserve S.A. has signed up with McAfee web secure service. This service automatically monitors our web site, scans every it day and confirms that there are no vulnerabilities. Their

LibertyReserve has announced the selection of Arias & Muñoz as the law firm that will represent the company in all affairs. Arias&Muñoz were awarded by International Financial Law Review (IFLR) in their annual awards ceremony, in Waldorf Astoria in New York, as the Central American Law Firm of the Year in April of 2008. 

“Arias&Muñoz will fearlessly protect the unique balance of privacy and compliance you have grown to expect from Liberty Reserve S.A. This is the part of our commitment to keep bringing you the best of the best that worldwide financial industry has to offer,” said LibertyReserve.

Investments made to gain a substantial profit are not new today. In the world when offline financial institutions provide high interests to investors with outsets amounting not less than $500,000 there is no place for an average person ready to invest amounts starting from one-digit values. The latter can only try their luck with such financial arrangements as online investment projects.

Do you remember the beginning of this year? It was a time when the payment processors were fighting for any customer using all methods, including black PR and ddos attacks. Forums were bursting with posts, banners… We were excited and thought that it will last forever and we will get a healthy e-commerce and the best payment processing services provided by the competing online payment gateways.

Perfect Money has announced the introduction of the new deposit option. Now the customers of this online payment processor can load their accounts directly from LibertyReserve payment system. Earlier company has announced that it was going to introduce some payment system as a direct funding option however people expected to see Moneybookers. 

LibertyReserve online payment gateway has announced the introduction of xtraorbit.com, a professional hosting company to their family of quality merchants. The representatives of company have declared earlier their intention to expand their merchant directory, and the introduction of the new company is just a first step on their way. 

After having made a general outlook of StrictPay services in the previous entry we now want to describe our micro test exercised with the StrictPay account. Here we are going to cover such aspects as account creation, funds deposit and funds withdrawal.

The signup button is available in two places as usual. One button is above the banner and another one is under the banner in the row of the main menu options. You click any of them if you want to get registered with StrictPay.