online processor

PayX International has announced today the launch of PayX365™, a brand new service for banks and processors worldwide that use BASE24 as an online authorization and transaction processing service. According to the company PayX365™ is designed for clients wishing to retain a high level of control, reduce risk and manage predictable, value-based costs.

HOT Liberty Reserve API hacked. More than 1M+ was stolen.
Bug was fixed only after 3 months.

 

Liberty Reserve online payment system has announced today that starting today it forbids any other payment system to open an account with their system and “maintain any funds in it for the purpose of exchanges between Liberty Reserve and other payment system.” LR has warned that if accounts of other payment systems are discovered they will be closed and their owners will be asked to liquidate the funds within 48 hours.