no other articles link to it . please introduce links to this page from related articles ; try the find link tool for suggestions . february 2015 allied wallet inc. type private headquarters los angeles california u.s. area served worldwide founder s andy ahmad khawaja industry e commerce products merchant services payment card processing digital wallet ach processing website www.alliedwallet.com allied wallet inc. is a provider of e commerce merchant services and online payment processing services enabling business owners to accept credit cards and other payments on their websites . the company has offices in los angeles 1 and trafalgar square london . 2 contents 1 history 2 operations 2.1 offshore gambling settlement 3 references 4 external links history edit allied wallet was founded by businessman andy khawaja then ahmad khawaja in california in 2002 . 2 he resigned from being a vice president of men s fashion company bernini in 2001 and hired a group of developers to implement his payments company plan . 3 khawaja did not rely on investors money to start the company using his own money instead . 2 operations edit allied wallet told the press in 2013 that it had 88 million customers in 250 countries and processed 50 currencies . 4 needs update the company uses a secure internet payment mechanism like paypal . it forecast 55 billion 36 billion of transactions in 2013 . 2 needs update it is a licensed issuer and acquirer of visa 5 and mastercard . 6 it also handles peer to peer money moves and smartphone payments . 2 allied wallet says that its credit card fraud rate is 0.04 % which is lower than the average 2 % fraud rate reported by the united states department of justice . 2 according to kcbs tv in 2015 allied wallet s starting salary is around six figures . its perks include friday lunches and weekly massages . 1 offshore gambling settlement edit in 2010 allied wallet reached an agreement with the u.s. justice department to forfeit 13.3 million to settle allegations that the money was traced to illegal gambling at offshore websites including isle of man based pokerstars.com . 7 8 references edit a b who really benefits m job perks . kcbs tv . jan 5 2015 . archived from the original on 2015 04 23 . retrieved 2015 04 23 . a b c d e f sikimic simona apr 19 2013 . meet the eccentric behind multi billion dollar e commerce giant allied wallet . londonlovesbusiness . archived from the original on 2015 04 23 . retrieved 2015 04 23 . martindale nick summer 2014 . no pay no gain how allied wallet founder andy khawaja fought to build up his online payments empire pdf . new business . archived pdf from the original on 2015 04 23 . retrieved 2015 04 23 . adams john nov 21 2013 . allied is building biometrics for mobile wallets . paymentssource . sourcemedia . archived from the original on apr 23 2015 . retrieved apr 23 2015 . allied wallet becomes a visa acquirer and principal member . finextra allied wallet becomes mastercard principal member . united states attorney for the southern district of new york aug 17 2010 . press release payment processors agree to forfeit more than 13 million in funds traced to money laundering and online gambling pdf . us department of justice . retrieved may 1 2015 . two payment processors allied wallet inc. and allied systems inc. and their owner ahmad khawaja entered into a settlement agreement requiring them to forfeit 13 335 248 .91 to resolve civil forfeiture claims alleging that the funds are property involved in money laundering . ... between january 2009 and may 2009 more than 13 335 248 .91 in funds traceable to pokerstars an online gambling company based in the isle of man and other offshore online gambling companies were deposited in a bank account at goldwater bank held by allied wallet inc. payment processors forfeit 13.3 million to settle u.s. case . casino journal . sep 1 2010 . retrieved 2015 04 23 via highbeam research . subscription required help . external links edit official website allied wallet review . card payment options . nov 13 2013 . retrieved may 1 2015 . retrieved from https en.wikipedia.org w index.php title allied wallet & oldid 743538096 categories companies based in los angelesfinancial services companies based in californiafinancial services companies established in 2002hidden categories pages containing links to subscription only contentorphaned articles from february 2015all orphaned articleswikipedia articles in need of updating from january 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as 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