Sunday , November 15 2026
WellxPay

“Wellxpay” fraud trap around Bangladesh

By using the name of Bangladesh Bank license, mobile financial services (MFS) top organization Bkash and the name of one of the entrepreneurs of the information technology sector, Sonia Bashir Kabir, Wellxpay has started spreading false propaganda.

Source: Times of India

The company told various foreign media that Wellxpay has received a Payment Service Operator (PSO) license from the Central Bank of Bangladesh and signed an agreement with Bkash. Apart from this, the founder and managing director of Wellxpay is the entrepreneur of the information technology sector, Sonia Bashir Kabir.

Daily Cyber security update for 14.11. 2026

Cyberattacks are rising around the world, including ransomware, malware, data leaks, and hacked websites. These events show how complex and...
Read More
Daily Cyber security update for 14.11. 2026

Huge European telecom leak exposes clients of Swedbank, SEB, airBaltic, and other companies

The Latvian part of CSCTelecom,  a telecommunications provider, made a database with over 125 million SMS messages public. The leaked...
Read More
Huge European telecom leak exposes clients of Swedbank, SEB, airBaltic, and other companies

PHP2Shell attack exploited a Check Point 0-day to deploy malware

Hackers used Check Point firewall flaws to get root access, insert backdoors, and install harmful malware on a VMware ESXi...
Read More
PHP2Shell attack exploited a Check Point 0-day to deploy malware

North Korean hackers steal more than $400 million using video images, FBI says

The United States Justice Department said Thursday it had seized cloud infrastructure used by North Korean hackers in a video-call...
Read More
North Korean hackers steal more than $400 million using video images, FBI says

Microsoft’s November 2026 Patch Tuesday addresses 1,093 flaws, with Outlook zero-day

Microsoft has shared its updates for November 2026. These updates fix 1,093 new flaws in Windows, Office, SQL Server, SharePoint,...
Read More
Microsoft’s November 2026 Patch Tuesday addresses 1,093 flaws, with Outlook zero-day

Barracuda ESG flaws exploited, gaining root access

Barracuda has confirmed active exploitation of security flaws affecting its Email Security Gateway (ESG), warning that attackers could combine two...
Read More
Barracuda ESG flaws exploited, gaining root access

Apple, SAP, and Ivanti Patch Critical flaws Affecting Messaging, Bluetooth, and Enterprise Systems

Apple, SAP, and Ivanti have published security updates that fix several flaws with messaging, Bluetooth, enterprise servers, and endpoint management...
Read More
Apple, SAP, and Ivanti Patch Critical flaws Affecting Messaging, Bluetooth, and Enterprise Systems

Jailbroken DeepSeek AI Agent Conducts Two-Week Cyberattack on European Telecom

A jailbroken AI has been attacking a European telecom company and 13 companies using its data center and cloud for...
Read More
Jailbroken DeepSeek AI Agent Conducts Two-Week Cyberattack on European Telecom

Daily Cyber security update for 10.11. 2026

Cyberattacks are rising around the world, including ransomware, malware, data leaks, and hacked websites. These events show how complex and...
Read More
Daily Cyber security update for 10.11. 2026

IBM fixes 208 API Connect vulnerabilities, 47 critical

IBM patched 208 security flaws in its API Connect platform. The CVE records released out on November 7, 2026. Among...
Read More
IBM fixes 208 API Connect vulnerabilities, 47 critical

According to an advertisement in India’s Hindustan Times on November 16 last year, WellxPay has received a Payment Service Operator (PSO) license from the Central Bank of Bangladesh. However, it has been found that the company has not taken any license from Bangladesh Bank even didn’t submit any application. The central bank has so far granted PSO licenses to 10 institutions. Transactions can be made with money from any bank, MFS in PSO institutions.

Bangladesh Bank Executive Director and Spokesperson Mejbaul Haque told that no PSO license has been given to any company named WellxPay. The list of those who have been given license is available on the website of Bangladesh Bank.

Meanwhile, an advertisement in another foreign media said that WellxPay has signed an agreement with Bkash, a mobile-based financial service provider in Bangladesh.

Shekh Md. Monirul Islam, Chief external and corporate affairs of Bkash said that they do not have any agreement with any organization named WellxPay. The organization is sending the wrong message.

Sonia Bashir Kabir said, i have no connection with Wellxpay. I filled case and informed the issues to BTRC.

According to the WellxPay website, their head office is in Indonesia. It serves India, Pakistan and Bangladesh. Apart from various currencies, crypto currencies are also traded through this service.

At the time of publishing the report the Wellxpay website seem to be unavailable.

Source: wellxpay website screenshot

Check Also

API Connect

IBM fixes 208 API Connect vulnerabilities, 47 critical

IBM patched 208 security flaws in its API Connect platform. The CVE records released out …