Redsys Payment System Crashes Ahead of Black Friday Rush in Spain
- Spanish authorities investigating recent crashes of Redsys, the country's largest online payments platform
- Crashes happened ahead of Black Friday, one of the busiest shopping periods
- Redsys acts as intermediary between banks, shops, and buyers for secure transactions
- Handles over 45 million payments per month; owned by major Spanish banks
- First major incidents for company in over 12 years of operation