An unregulated Portuguese payment processor

Key Data

  • Trading Name: PayStudio
  • Activities: high-risk payment gateway
  • Location: Porto, Portugal
  • Key People: Ruchi Rathor (PR42 profile).

PayStudio operates a high-risk payment gateway and white-label capable payment management platform. According to our information, PayStudio is one of the many payment schemes of Ruchi Rathor (PR42 profile).


The website claims that its white-label platform provides secure plug-and-play fintech solutions, helping payment brands to sell their services to online merchants. The PayStudio algorithms offer smart routing and cascading and promise merchants higher payment acceptance rates.

The company offers its payment gateway as a white-label solution to other wannabe- payment processors.

The company claims to have its headquarters in Porto at the same address as CryptoMatix (PR42 profile). where we have also located the vanished notorious scam-facilitator iPayTotal (PR42 profile). We assume that PayStudio is related to iPayTotal. Both payment processors work with UK credentials and UK people.

Compliance Problems

Over the last couple of years, whistleblowers have confirmed to Fintelegram that Rathor and her team are using fake profiles on LinkedIn to present themselves as reputable. She uses her LinkedIn profile to present herself as a founder and investor and a powerful woman in the payment segment. In doing so, she constantly changes her LinkedIn profile.


We have recently found at soltechX broker scam PayStudio as a payment processor for credit and debit card deposits.

Merchant Warning

We know it is difficult to find payment processors for a high-risk merchant. Therefore, in desperation, they often take high-risk payment processors that are known to rip off merchants. In many cases, these merchants also cannot sue because of the nature of their business. This is exploited by people like Ruchi Rathor and their payment processors. We can only warn merchants not to work with these payment processors.


We found PayStudio as a payment facilitator in broker scams and due to the connection with Ruchi Rathor we included it in our “Black Compliance” list.

1 review

  1. Im happy I now registered

    We’re a bunch of volunteers and opening a brand new scheme in our community.
    Your website offered us with useful info to work on. You have performed
    an impressive activity and our entire group will probably be
    grateful to you.

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