The Gibraltar Financial Services Commission (GFSC) is issuing a consumer alert regarding VXL Payment Solutions and the website https://vxlpayment.com/.
VXL Payment Solutions claims to offer payment services. The provision of payment services is a regulated activity requiring authorisation from the GFSC. The website https://vxlpayment.com/ is not associated with any firm authorised by the GFSC.
Furthermore, there are no active companies registered in Gibraltar with the name “VXL Payment Solutions” or similar, nor is any application in its name pending for authorisation.
How to protect yourself
The GFSC strongly advises consumers to liaise with financial companies which are authorised by the GFSC and can be found on the GFSC's Regulated Entities Register. If a company does not appear on the Register but claims it does, contact the GFSC Regulatory Investigations team on +350 222 59050.
Reporting unauthorised activity
If you think you have been approached by an unauthorised company, or contacted about a scam, please contact the GFSC Regulatory Investigations team on +350 222 59050.
To find out more about how to avoid fraud and scams please visit our consumer guide here.