Statement on Illegal Impersonation of HitPay
June 23, 2021

It has come to the attention of HitPay Payment Solutions Pte Ltd that a website: https://hitpayico.com and other *online properties of https://hitpayico.com has been soliciting payments from members of the public in an initial coin offering program by using trademarks and brand names belonging to HitPay Payment Solutions Pte Ltd and impersonating the CEO and Director, Aditya Haripurkar for the activities of the Initial Coin Offering program.
HitPay Payment Solutions Pte Ltd has never launched, initiated, or participated in any initial coin offering program or related activities. Furthermore, HitPay Payment Solutions Pte Ltd has never issued any cryptocurrencies in any form nor operated any cryptocurrency apps or trading platforms.
The website https://hitpayico.com and its *online properties has unlawfully and illegally performed the following activities:
Used the trademarks and brand assets belonging to HitPay Payment Solutions Pte Ltd
Uploaded the picture of CEO and Director, Aditya Haripurkar on its website
Attributed false and misleading statements to CEO and Director, Aditya Haripurkar on its website
The website asks for payments into an initial coin offering program and tries to obtain payments from subscribers. Members of the public are advised to exercise extreme caution and avoid making any payments with respect to the initial coin offering.
Additional statements:
HitPay Payment Solutions Pte Ltd has been dedicated to providing digital payment solutions for businesses in Singapore and has never issued any cryptocurrencies in any form, operated any cryptocurrency apps or trading platforms, or initiated or participated in any initial coin offering program or related activities.
Our official website is https://www.hitpayapp.com and the following domain and related sub-domains: https://www.hit-pay.com belong to HitPay
Emails from our company and our staff are all sent through email addresses ending with @hit-pay.com
HitPay Payment Solutions Pte Ltd is operating in Singapore as 201605883W
For units and individuals who used our company’s name without our authorization or consent, we reserve the right to report them to the public security organs and pursue legal liabilities.
HitPay Payment Solutions Pte Ltd
1 Keong Saik Road Singapore 089109
*Online properties of the impersonated website
https://vimeo.com/user142797923
Screenshots of impersonated website
Statement on Illegal Impersonation of HitPay
June 23, 2021

It has come to the attention of HitPay Payment Solutions Pte Ltd that a website: https://hitpayico.com and other *online properties of https://hitpayico.com has been soliciting payments from members of the public in an initial coin offering program by using trademarks and brand names belonging to HitPay Payment Solutions Pte Ltd and impersonating the CEO and Director, Aditya Haripurkar for the activities of the Initial Coin Offering program.
HitPay Payment Solutions Pte Ltd has never launched, initiated, or participated in any initial coin offering program or related activities. Furthermore, HitPay Payment Solutions Pte Ltd has never issued any cryptocurrencies in any form nor operated any cryptocurrency apps or trading platforms.
The website https://hitpayico.com and its *online properties has unlawfully and illegally performed the following activities:
Used the trademarks and brand assets belonging to HitPay Payment Solutions Pte Ltd
Uploaded the picture of CEO and Director, Aditya Haripurkar on its website
Attributed false and misleading statements to CEO and Director, Aditya Haripurkar on its website
The website asks for payments into an initial coin offering program and tries to obtain payments from subscribers. Members of the public are advised to exercise extreme caution and avoid making any payments with respect to the initial coin offering.
Additional statements:
HitPay Payment Solutions Pte Ltd has been dedicated to providing digital payment solutions for businesses in Singapore and has never issued any cryptocurrencies in any form, operated any cryptocurrency apps or trading platforms, or initiated or participated in any initial coin offering program or related activities.
Our official website is https://www.hitpayapp.com and the following domain and related sub-domains: https://www.hit-pay.com belong to HitPay
Emails from our company and our staff are all sent through email addresses ending with @hit-pay.com
HitPay Payment Solutions Pte Ltd is operating in Singapore as 201605883W
For units and individuals who used our company’s name without our authorization or consent, we reserve the right to report them to the public security organs and pursue legal liabilities.
HitPay Payment Solutions Pte Ltd
1 Keong Saik Road Singapore 089109
*Online properties of the impersonated website
https://vimeo.com/user142797923
Screenshots of impersonated website
Statement on Illegal Impersonation of HitPay
June 23, 2021

It has come to the attention of HitPay Payment Solutions Pte Ltd that a website: https://hitpayico.com and other *online properties of https://hitpayico.com has been soliciting payments from members of the public in an initial coin offering program by using trademarks and brand names belonging to HitPay Payment Solutions Pte Ltd and impersonating the CEO and Director, Aditya Haripurkar for the activities of the Initial Coin Offering program.
HitPay Payment Solutions Pte Ltd has never launched, initiated, or participated in any initial coin offering program or related activities. Furthermore, HitPay Payment Solutions Pte Ltd has never issued any cryptocurrencies in any form nor operated any cryptocurrency apps or trading platforms.
The website https://hitpayico.com and its *online properties has unlawfully and illegally performed the following activities:
Used the trademarks and brand assets belonging to HitPay Payment Solutions Pte Ltd
Uploaded the picture of CEO and Director, Aditya Haripurkar on its website
Attributed false and misleading statements to CEO and Director, Aditya Haripurkar on its website
The website asks for payments into an initial coin offering program and tries to obtain payments from subscribers. Members of the public are advised to exercise extreme caution and avoid making any payments with respect to the initial coin offering.
Additional statements:
HitPay Payment Solutions Pte Ltd has been dedicated to providing digital payment solutions for businesses in Singapore and has never issued any cryptocurrencies in any form, operated any cryptocurrency apps or trading platforms, or initiated or participated in any initial coin offering program or related activities.
Our official website is https://www.hitpayapp.com and the following domain and related sub-domains: https://www.hit-pay.com belong to HitPay
Emails from our company and our staff are all sent through email addresses ending with @hit-pay.com
HitPay Payment Solutions Pte Ltd is operating in Singapore as 201605883W
For units and individuals who used our company’s name without our authorization or consent, we reserve the right to report them to the public security organs and pursue legal liabilities.
HitPay Payment Solutions Pte Ltd
1 Keong Saik Road Singapore 089109
*Online properties of the impersonated website
https://vimeo.com/user142797923
Screenshots of impersonated website

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Singapore
Philippines
Malaysia
Indonesia
Thailand
Australia & New Zealand
United Kingdom
Hong Kong
Sweden
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All other countries
HitPay Payment Solutions Pte Ltd ("HitPay") is licensed as a Major Payment Institution (PS20200643) under Singapore's Payment Services Act for the provision of Domestic Money Transfer Services, Cross-Border Money Transfer Services and Merchant Acquisition Services. This can be confirmed on the MAS Financial Institutions Directory here. HitPay may also provide these services in conjunction with other MAS licensed or exempt partners.
HitPay enables Singapore merchants to accept stablecoin payments through our partner, Triple A Technologies Pte. Ltd. ("Triple A"), which is licensed by the Monetary Authority of Singapore to provide Digital Payment Token ("DPT") services under the Payment Services Act 2019. Please note that HitPay is not licensed, nor exempt, to provide DPT services. HitPay does not handle, convert, or hold any stablecoins or other cryptocurrencies and all processing and conversion between stablecoins and fiat are carried out entirely by Triple A.
When a customer pays in stablecoins, Triple A processes the transaction and converts the stablecoin to fiat currency. HitPay only receives the final fiat settlement amount from Triple A for payout to your bank account. While stablecoins are designed to maintain a stable value, they remain a form of Digital Payment Token and may still carry risks. Merchants should ensure they understand these risks before enabling stablecoin payment acceptance.
HitPay Payment Solutions Pte Ltd
88 Market Street Level #40-01, CapitaSpring, Singapore 048948.

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Create an account instantly or contact us to create a custom package for your business.

Singapore
Philippines
Malaysia
Indonesia
Thailand
Australia & New Zealand
United Kingdom
Hong Kong
Sweden
United States
All other countries
HitPay Payment Solutions Pte Ltd ("HitPay") is licensed as a Major Payment Institution (PS20200643) under Singapore's Payment Services Act for the provision of Domestic Money Transfer Services, Cross-Border Money Transfer Services and Merchant Acquisition Services. This can be confirmed on the MAS Financial Institutions Directory here. HitPay may also provide these services in conjunction with other MAS licensed or exempt partners.
HitPay enables Singapore merchants to accept stablecoin payments through our partner, Triple A Technologies Pte. Ltd. ("Triple A"), which is licensed by the Monetary Authority of Singapore to provide Digital Payment Token ("DPT") services under the Payment Services Act 2019. Please note that HitPay is not licensed, nor exempt, to provide DPT services. HitPay does not handle, convert, or hold any stablecoins or other cryptocurrencies and all processing and conversion between stablecoins and fiat are carried out entirely by Triple A.
When a customer pays in stablecoins, Triple A processes the transaction and converts the stablecoin to fiat currency. HitPay only receives the final fiat settlement amount from Triple A for payout to your bank account. While stablecoins are designed to maintain a stable value, they remain a form of Digital Payment Token and may still carry risks. Merchants should ensure they understand these risks before enabling stablecoin payment acceptance.
HitPay Payment Solutions Pte Ltd
88 Market Street Level #40-01, CapitaSpring, Singapore 048948.

Let's get you set up
Create an account instantly or contact us to create a custom package for your business.

Singapore
Philippines
Malaysia
Indonesia
Thailand
Australia & New Zealand
United Kingdom
Hong Kong
Sweden
United States
All other countries
HitPay Payment Solutions Pte Ltd ("HitPay") is licensed as a Major Payment Institution (PS20200643) under Singapore's Payment Services Act for the provision of Domestic Money Transfer Services, Cross-Border Money Transfer Services and Merchant Acquisition Services. This can be confirmed on the MAS Financial Institutions Directory here. HitPay may also provide these services in conjunction with other MAS licensed or exempt partners.
HitPay enables Singapore merchants to accept stablecoin payments through our partner, Triple A Technologies Pte. Ltd. ("Triple A"), which is licensed by the Monetary Authority of Singapore to provide Digital Payment Token ("DPT") services under the Payment Services Act 2019. Please note that HitPay is not licensed, nor exempt, to provide DPT services. HitPay does not handle, convert, or hold any stablecoins or other cryptocurrencies and all processing and conversion between stablecoins and fiat are carried out entirely by Triple A.
When a customer pays in stablecoins, Triple A processes the transaction and converts the stablecoin to fiat currency. HitPay only receives the final fiat settlement amount from Triple A for payout to your bank account. While stablecoins are designed to maintain a stable value, they remain a form of Digital Payment Token and may still carry risks. Merchants should ensure they understand these risks before enabling stablecoin payment acceptance.
HitPay Payment Solutions Pte Ltd
88 Market Street Level #40-01, CapitaSpring, Singapore 048948.

Let's get you set up
Create an account instantly or contact us to create a custom package for your business.

Singapore
Philippines
Malaysia
Indonesia
Thailand
Australia & New Zealand
United Kingdom
Hong Kong
Sweden
United States
All other countries
HitPay Payment Solutions Pte Ltd ("HitPay") is licensed as a Major Payment Institution (PS20200643) under Singapore's Payment Services Act for the provision of Domestic Money Transfer Services, Cross-Border Money Transfer Services and Merchant Acquisition Services. This can be confirmed on the MAS Financial Institutions Directory here. HitPay may also provide these services in conjunction with other MAS licensed or exempt partners.
HitPay enables Singapore merchants to accept stablecoin payments through our partner, Triple A Technologies Pte. Ltd. ("Triple A"), which is licensed by the Monetary Authority of Singapore to provide Digital Payment Token ("DPT") services under the Payment Services Act 2019. Please note that HitPay is not licensed, nor exempt, to provide DPT services. HitPay does not handle, convert, or hold any stablecoins or other cryptocurrencies and all processing and conversion between stablecoins and fiat are carried out entirely by Triple A.
When a customer pays in stablecoins, Triple A processes the transaction and converts the stablecoin to fiat currency. HitPay only receives the final fiat settlement amount from Triple A for payout to your bank account. While stablecoins are designed to maintain a stable value, they remain a form of Digital Payment Token and may still carry risks. Merchants should ensure they understand these risks before enabling stablecoin payment acceptance.
HitPay Payment Solutions Pte Ltd
88 Market Street Level #40-01, CapitaSpring, Singapore 048948.