Originally Posted by Alex - Arvixe
Only guessing: I think it would have been related to the type of users they really attracted, I know a lot of illegal activity based selling was done via AlertPay (it really was like the "personal" PayPal back in the day).
Hopefully they will soon be able to re-open services in the UK
- Would love to give the new Payza a go, I've heard a lot of positive (mind you also negative) from them.
Their is a lot of ILLEGAL activity going through Paypal and all the FSA did with Paypal was refuse to renew their licence, so PP registered in Luxemburg and are still allowed to trade in the UK.
So for them to ban a payment provider, must be very serious