SolidTrustPay New Regulation Requirements

In order to comply with federal regulations concerning payment processors in our jurisdiction (Canada), new maximum transfer levels between members have been implemented.

Members may receive one $9999 payment from any member in a 24 hour period. Members may send one $9999 payment to another member in a 24 hour period. This only applies to the “Transfer Money” option, and NOT when purchasing a product or service from a verified Merchant’s website.

NOTE – members are welcome to send or receive $9999 to/from as many members as they wish daily, just not more than once to/from the SAME member.

Example #1: you wish to send $15,000 to the same person as an instant Transfer Money transaction from the Transfer Money area of your STPay account. You will need to send one transfer of $9999 one day, and the balance the next day. NOTE - you are NOT clicking on a Buy Now button at a merchant’s website. There is NO limit on the amount you may spend when at a merchant’s website.

Example #2: you are expecting a $15,000 payment from another STPay member. You cannot receive more than $9999 per day, so the member will need to split your payment request into two separate amounts and send one per day.

Example #3: You wish to purchase a product or service at a Verified Merchant’s website for $15000. Click their PAY NOW button or other provided similar method, and your entire purchase amount will go through instantly.
http://www.solidtrustnews.com/?p=167

Solid Trust Pay database has been hacked.

It came to our attention that Solid Trust Pay database has been hacked.
They admitted themselves on their official blog www.solidtrustnews.com.

SolidTrustPay has identified a malicious attack against its clients and business. As has been publicly stated, we came under an extensive DDoS attack which resulted in significant downtime for all members. While in the process of mitigating this attack, our servers came under brute force attack and information from our database was stolen. These are criminal acts. The perpetrator subsequently created a URL wherein he posted the stolen information. SolidTrust, within 24 hours, was successful in reporting the crime to the ISP and webhosting provider of that URL, and the offending link and illegal content has been taken down.

Events such as the above constitute online “break and enter”. Some will accuse SolidTrust of negligence and we will be sharply criticized. If a thief breaks into your well guarded house and steals from you, it does not make you an irresponsible home owner. We are not downplaying these events – but there has been no loss of information, no loss of funds, no access to passwords, none of the information in the database has been changed in any way.

This attack has been contracted and paid for by an individual or group. A war of this magnitude and depth is not cheap, and no one does it just for fun. Somebody somewhere wants SolidTrust Pay gone – but that is not going to happen.

Anyone who is worried about their information is asked to contact priority@solidtrustpay.com and we will work to assure you that your information is safe.

We would like to advice all HYIP punters who are using STP to change their emails and passwords or any other personal information inside their STP account for their own security. We think that's the best thing to do right now.