Founded in 2002 by Ahmad "Andy" Khawaja, Allied Wallet positioned itself as a comprehensive Payment Service Provider (PSP) and gateway. The company offered multi-currency merchant accounts, digital wallet services, and credit card processing for businesses of all sizes, enabling them to accept online payments. Its mission was to connect buyers and sellers with a secure, simple, and global payment solution. However, the company was shut down following major legal and regulatory actions for facilitating fraudulent transactions on a massive scale.