[MAIN] Spankpay

Welcome to the discussion on Spankpay, a topic that's been closely followed and debated in our community. Here's a brief overview of the key points and developments:

• Spankpay, initially introduced as a crypto payment processor tailored for our industry, aimed to offer a secure and reliable payment solution.


• Recent updates have highlighted significant changes, starting with the announcement of payment suspensions due to the unexpected shutdown of Spankpay's crypto custodian and banking partner. This led to the restriction of withdrawals to crypto-only options (BTC, ETH, USDC) after January 30th.


• Efforts to find a resolution were mentioned, reflecting the team's commitment to addressing the challenges as swiftly as possible.


• Unfortunately, the latest communication confirms the closure of Spankpay. The decision, described as long and difficult, underscores the end of the service. However, there is an assurance that user funds are secure and that there will be a concerted effort to return them promptly.


• Several members of our community have already received direct communication confirming this closure and emphasizing the commitment to safeguarding user funds.


• The consensus within our forum reflects a mixture of disappointment and concern, with a unified hope for a smooth resolution regarding outstanding payments.

This summary captures the essence of the ongoing discussions and the general sentiment regarding the Spankpay developments. For more detailed insights and to share your own experiences or advice, please log in or register.