Black Rabbit is a crypto payment processor operated by Magua Pay Inc., a Canadian money services business. The company offers services including crypto-to-fiat exchange, mass payments, and a flexible API, supporting processing in more than five different currencies and providing a payment page in over ten languages. However, as of March 2025, both the Black Rabbit and Magua Pay websites have become inaccessible, raising concerns about the company’s operational status. Reports indicate that Black Rabbit has been associated with high-risk payment processing activities, including facilitating transactions for unauthorized offshore brokers. Due to these issues, caution is advised when considering engagement with Black Rabbit’s services. This and 500+ providers are already integrated into Corefy’s payment orchestration platform, allowing our clients to start using the integration instantly without coding by simply entering their MID credentials in Corefy’s dashboard.
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