Vilnius, Lithuania (Newsfile Corp. - October 21, 2022) - According to the information published on Rekvizitai.lt, UAB Walletto managed to become one of the 6% of the most reliable and economically sustainable
UAB Walletto financial services provider officially registered in Lithuania, which also has the status of a Principal Member of the Visa and Mastercard as an Issuer and an Acquirer, continues to develop a wide range of advanced programs to issue and acquire payment cards. It is worth noting that Walletto focuses primarily on the B2B […]
UAB Walletto financial services provider officially registered in Lithuania, which also has the status of a Principal member of the Visa and Mastercard as an Issuer and an Acquirer, continues to develop a wide range of advanced programs to issue and acquire payment cards. It is worth noting that Walletto focuses primarily on the B2BUAB Walletto financial services provider officially registered in Lithuania, which also has the status of a Principal member of the Visa and Mastercard as an Issuer and an Acquirer, continues to develop a wide range of advanced programs to issue and acquire payment cards. It is worth noting that Walletto focuses primarily on the B2B » The FINANCIAL Personal finance
Phnom Penh Post
One of Cambodia’s wealthiest families with close ties to Prime Minister Hun Sen late last year acquired a British payment services provider, Connectum Limited. That company generates millions of dollars in revenue each year, serving as an intermediary between small businesses and major credit card firms like Visa and MasterCard.
Heng Sokha, wife of former Transport Ministry secretary of state Ing Bun Hoaw, took ownership of Connectum in November 2020. Experts say that should raise red flags for British financial regulators.
For one thing, Heng Sokha’s spouse is a former lawmaker and top official who should be subjected to additional scrutiny over the sources of wealth because of his links to the Cambodian government that date back decades. Bun Hoaw has previously leveraged government connections for profitable enterprises such as collecting tolls on the U.S.-government-funded Phnom Penh-Sihanoukville highway.