Alpari, a major global broker with most significant presence in Russia, announced it is terminating its support for the Comepay payment terminals. The reason behind the decision is the revocation of the license of the terminal operator Finars Bank.
Comepay was a Russian payment terminal system that was offering the options to pay utility and credit card bills, make money transfers and make deposits to online payment systems like Yandex Money.
According to the announcement of the Bank of Russia, Finars Bank was standing at the 495 position among the banks in Russia. Its license was revoked because of continuous involvement in highly dubious financial transactions and violations of Russian federal legislation, particularly in its part regarding the financing of terrorism.
In Russia Alpari offers numerous other payment options: bank transfers, credit/debit cards, online banking, the electronic payment systems Skrill, Neteller, Qiwi, WebMoney, Moneta Ru, Yandex Money and numerous other payment terminals.
Alpari has offices in Russia, Belize, Saint Vincent and the Grenadines, two offices in Mauritius, and the UAE. The group consists of Alpari-Broker (Russia), Alpari Ltd. (Saint Vincent and the Grenadines), Alpari International Ltd. (Mauritius), Alpari Ltd. (Belize), and Alpari Forex (Russia).
The broker is licensed by the financial markets authorities of Belize, United Arab Emirates and Belarus. In the end of last year Alpari also got a license from the Bank of Russia.
Recently the broker joined Russia’s Association of Forex Dealers (AFD), a self-regulatory organization (SRO), as a member.