Payomatix

Marked as

Medium Risk Company

Published - January 31, 2026

Medium Risk

i
2.6

0

User Score

2.3

Trust Score

3.0

Brand Score

OVERVIEW

About Payomatix

Payomatix is a fintech payment processing company that has drawn serious criticism for its lack of transparency, questionable online reputation, and regulatory concerns. Independent risk analysis sites rate it poorly and flag it as high-risk, noting suspicious activities, low trust scores, potential attempts to suppress negative information, and customer dissatisfaction leading some reviewers to warn others to avoid the service.

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CONNECTIONS AND RELATIONSHIP

CONTACT INFORMATION

Contact No
+91 9266395600
Contact No
+91 8130402941
Contact No
+91 8130402941
Twitter
@payomatix
Instagram
@payomatix
LinkedIn
@payomatix

FINANCIAL RISK AUDIT

For Consumers
For Consumers

High Risk

Based on the available data, we advise consumers to avoid this Company altogether.

This advisory is based on an aggregate risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.

You are likely to be at great risk by engaging in any sort of consumer-related activity with this entity.

For Employees
For Employees

High Risk

Based on the available data, we recommend that employees exercise extreme caution or reconsider association with this Company.

This advisory stems from an aggregate risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.

You are likely to face significant risks by pursuing or maintaining employment with this entity.

For Banks & Investors
For Banks & Investors

High Risk

Based on the available data, we urge investors and bankers to avoid financial involvement with this Company.

This advisory is informed by an aggregate risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.

Engaging in investment or lending activities with this entity poses a substantial risk to your financial interests.

ASSESSMENT OUTCOME
  • Safe to Onboard

  • Enhanced Due Diligence required

  • Do Not Onboard

RECOMMENDATIONS
  • Monitor adverse media every 6 months

  • File SAR (Suspicious Activity Report) is warranted

  • Escalation to compliance committee

  • None

Do you agree with this our assessment on Payomatix?

OSINT DATA POINT

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Company Name

Payomatix Technologies Private Limited
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Founded

2021
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Founder

Ruchi Rathor
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CEO

Prrabhjot Singh Saathi
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Headquarters

Greater Noida
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Additional Offices

Vancouver
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Primary Services

Payment gateway
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Business Model

Payment aggregator
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Company Type

Privately Held
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Key Offering

White Label Solution
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Key Offering

Unified API Integration
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Employee Size

51-200
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Revenue

₹7.21 Cr
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Incorporation Date

April 17 2021
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Authorized Capital

₹10 Lakh
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Awards

Fintech Startup Innovation Award
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Missing Funds

Millions
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Unsecured Unpaid

£1.9M
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UK Court Order

Liquidation
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Exorbitant Complaints

£4,500
Load More

ENTERPRISE RISK ASSESSMENT (ERA)

Payomatix operates as a high-risk payment processor and has received black ratings from merchant monitoring sites due to its risk profile.

Payomatix is frequently associated with iPayTotal, a previous processor co-founded by Ruchi Rathor that collapsed into insolvency.

Specialized payment watch platforms rate Payomatix as black-listed, advising caution for potential merchants.

Sources mention recurring complaints from former employees and customers regarding operational practices.

Payomatix has been noted for targeting sectors like gambling operators, prompting warnings from industry observers.

Certain fraud monitoring sites and reports link Payomatix and its founder to high-risk or questionable payment activities.

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AML and KYC Assessment

Regulatory and Compliance Screening

  • Sanctions Matches
  • Yes
  • No
  • Unclear
  • PEP Status
  • Yes
  • No
  • Unclear
  • Watchlist: (Interpol, EU, UN, OFAC, etc).
  • Yes
  • No
  • Unclear
  • Law Enforcement Mentions
  • Yes
  • No
  • Unclear

Litigation and Legal Proceedings

  • Criminal Proceedings
  • Yes
  • No
  • Unclear
  • Regulatory Enforcement Actions: [SEC, FCA, SEBI, etc.]
  • Yes
  • No
  • Unclear
  • Ongoing Investigations
  • Yes
  • No
  • Unclear
  • Reputational and Adv
  • Yes
  • No
  • Unclear

Reputational and Adverse Media Risks

  • Negative Media Mentions
  • Yes
  • No
  • Unclear
  • Allegations / Scandals
  • Yes
  • No
  • Unclear
  • Social Media Red Flags
  • Yes
  • No
  • Unclear
  • Censorship Attempts [PR, Takedowns, DMCA Abuse, etc.]
  • Yes
  • No
  • Unclear

Geographic and Jurisdictional Risk

  • Country Risk Level
  • Yes
  • No
  • Unclear
  • High-Risk Sections [Crypto, Gambling, Arms, etc.]
  • Yes
  • No
  • Unclear
  • Offshore Jurisdictions Used [Panama, BVI, Cyprus, etc.]
  • Yes
  • No
  • Unclear

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RED FLAGS AND ADVERSE NEWS

coming

scam-or.io

Visit Link

Payomatix shady Indian payment gateway run by notorious high-risk processor Ruchi Rathor, flagged black-listed for compliance failures

  • First Detected

    17/06/2025
  • Sentiment Analysis

    Negative
  • Reach

    <1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    News
  • Traffic Source

    Website
  • SERP

    Top 100
  • Share of Voice

    10%
  • Primary Keyword

    Scam
coming

fintelegram.com

Visit Link

The FinTelegram issues a merchant warning about Payomatix, an Indian high-risk payment processor.

  • First Detected

    31/10/2022
  • Sentiment Analysis

    Negative
  • Reach

    <1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    News
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    10%
  • Primary Keyword

    Complaint
coming

trustpilot.com

Visit Link

The Trustpilot page for payomatix.com shows an Average rating with a TrustScore of 3.2 out of 5, based on only 1 review

  • First Detected

    15/09/2025
  • Sentiment Analysis

    Negative
  • Reach

    <100
  • POV

    First Person
  • Risk Factor

    High
  • Type

    Review
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    10%
  • Primary Keyword

    Review

Other Red-Flags and Adverse News

redflag
2025 Payomatix Founder Event Overshadowed by Fraud Allegations

Financial Profile for Payomatix

Do you want to unlock a detailed Risk Assessment and audit report for Payomatix?

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Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.

  • Known Assets: [Real estate, investments, companies]

    greentick
  • Suspicious Transactions

    greentick
  • Liabilities: [Bankruptcies, defaults, debts]

    greentick
  • Wealth Sources: [Legitimate / Unclear / High-risk]

    greentick
  • Bank Relationships

    greentick
  • Bank Relationships

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  • Ultimate Beneficial Owner(s) (UBOs)

    greentick
  • Shareholding structure

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  • Associated entities & subsidiaries

    greentick
  • Offshore / shell company links

    greentick
  • Trusts / Nominee arrangements

    greentick
  • Business Model Assessment

    greentick
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Consumer Reviews and Ratings for
Payomatix

All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.

User Rating for Payomatix

Payomatix is a fintech payment processing company that has drawn serious criticism for its lack of transparency, questionable online reputation, and regulatory concerns. Independent risk analysis sites rate it poorly and flag it as high-risk, noting suspicious activities, low trust scores, potential attempts to suppress negative information, and customer dissatisfaction leading some reviewers to warn others to avoid the service.

USER’S SCORE

0

Trust

0

Safety

0

Brand

0

Risk

0

Pros

  • greentick

    Highly experienced

  • greentick

    Well-recognized name

Cons

  • redcros

    Faced allegations of scamming others

  • redcros

    Allegedly sold fake silver

  • redcros

    Sued multiple times

  • redcros

    Unregulated industry

  • redcros

    Alarming number of complaints online

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  • Trust
  • Brand
  • Safety
  • Risk

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CONS

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