To protect yourself, it is critical to know how this charge appears on a bank or credit card statement. Look for these exact, or similar, merchant descriptors:
is a billing descriptor that appears on bank and credit card statements when a charge is processed through Paymentico (operated by Technius Ltd), a Cyprus-based high-risk merchant payment gateway. While it is a legitimate transaction processor primarily used for alternative financial platforms, forex, iGaming, and adult entertainment industries, it has frequently been linked to global credit card fraud and unauthorized billing. upg-paymentico
As the UPG-PAYMENTICO scheme continues to affect victims around the world, regulators and financial institutions are gradually taking notice. However, the global nature of the scam makes enforcement challenging. To protect yourself, it is critical to know
Navigating the UPG-Paymentico Landscape: High-Risk Transactions and Consumer Safety As the UPG-PAYMENTICO scheme continues to affect victims
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If you don't recognize the charge, follow these steps to develop a "useful report" for your bank: Why Report Fraud? | Federal Trade Commission