Introducing High-Risk Payment Processor Centrobill And Its Strange Approach!

Centrobill was founded in 2012 by Andrew Granadzer and Stan Fiskin. A Similarweb analysis shows that Centrobill does a significant part of its business with high-risk merchants from the porn sector. In recent months, around 50% of referral traffic came from adult websites such as myDirtyHobby, FAP House, Nutaku, or CooMeet. Centrobill has a 1.5-stars on Trustpilot with a Bad trust level. PayRate42 has given the payment processor an Orange Compliance rating resulting in threats.

Key Data

Trading nameCentrobill
ActivitiesMerchant service provider,
high-risk payment processor
Domainshttps://centrobill.com
https://pay.centrobill.com
https://help.centrobill.com
Social mediaLinkedIn
Legal entitiesCentrobill Ltd (US)
Eurobill Tech Ltd (Cyprus)
JurisdictionUS, Cyprus, Ukraine
Related individualsAndrew Granadzer a/k/a Andrew Cares (LinkedIn)
Stan Fiskin (LinkedIn)
Chris Tisdall (LinkedIn)
Hunor M. Szasz (LinkedIn)
AuthorizationNo
Trustpilot 1.5 stars with Bad trust level
PayRate42 rating1.5 stars with a Bad trust level

Short Narrative

Centrobill seems to have operational offices in Ukraine and Cyprus. According to LinkedIn, this is where most people associated with the Centrobill account are located in these jurisdictions.

On its website, Centrobill offers retail customers the to handle complaints about payments processed through the Payment Processor. This includes subscriptions to porn sites. An analysis by Trust Pilot reviews shows that Centrobill seems to handle the complaints with the wrong approach. This results in a scam rating of 1.5 stars.

We found complaints about Eurobill Tech Ltd, Centrobill‘s Cyprus-based company, and its aggressive (friendly-spoken) approach when trying to collect receivables. German lawyers advice to be careful with this scheme.

The payment processor apparently feels offended by the Orange Compliance Rating of PayRate42 and threatens the cyber rating agency with criminal charges. We believe that in view of the many negative reports on Trustpilot, a “Red Compliance” rating would also be fair. But high-risk payment processors live in a world of their own.

Share Information

If you have any information about Centrobill, its operators, and its activities, please share it via our whistleblower system Whistle42.

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