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Payza Is Out Of Business Now
The modern world is filled with conveniences. Especially when it comes to money.
Going to the bank may soon be a thing of the past thanks to online payments. They’re fast, easy and convenient.
PayPal has been a household name in online payments for a long time. The company surpassed 325 million accounts worldwide in early 2020.
But they’re not the only game in town. Payza is another company that specializes in online payments. They’re gaining ground and becoming a popular alternative to the PayPal Empire. But should you use them?
Here’s what you need to know about this emerging company.
What is Payza?
Payza is an online payment processor that is similar to Paypal.
Here’s the deal: It functions as an electronic wallet. Users can transfer funds to other users free of charge.
One of their goals is to have easy and affordable financial services on a global scale. That means they service both the developed and undeveloped world.
They focus on procedures to help areas of the world that are behind in banking services. They’re doing so by allowing global remittances on their site. Users can send money to each other from anywhere in the world.
They currently have a free mobile app for Android and recently released a version for iOS.
Why Haven’t I Heard of Payza?
Payza may not be a household name in America – yet.
That’s because they’re an international company. They were formerly known as AlertPay before being bought out by MH Pillars, LTD. in 2012.
Previously based out of Canada, they are now headquartered in London. They also have regional offices in the United States, India, Sweden, and Bangladesh.
They’ve seen success on a global scale for being one of the few companies that allow foreign workers to send money back to their home country.
They only recently became available in the U.S. Today, they are fully operational and can process payments in the United States.
There are a number of ways to make money online. As a result, more consumers are turning to online payment processors to handle their finances. That could be good news for Payza’s future growth.
Supported Currency
The world is more interconnected than ever thanks to the internet. Payza has taken full advantage.
They now support 25 currencies from six continents around the world. Large countries include the United States, Australia, Canada, China, and Britain. Users can send and receive funds in any of these currencies for a 2.5% spread over the daily exchange rate.
People using any of these currencies can pay bills, send remittances, shop online, exchange currency and withdraw money at the click of a button.
Welcome to the future.
How Payza Works
Transferring money has never been easier.
Payza works by having users set up either a personal or business account. The users then send their money from accounts by clicking pay now buttons on their websites.
Sending money to other accounts is free of charge. However, a transaction fee is incurred if a nonuser accepts money from Payza’s users.
Users can also add money to their own accounts in a variety of ways. Bank wires, cashier’s checks, automated clearing house transfers, and credit and debit cards are all acceptable transfer methods.
Personal Accounts
A personal account is a great option for users looking to share money.
Earning money online has never been easier. Now it’s also easy to get paid in a timely manner.
A personal account allows users to give and receive money from 190 countries. Users can also set up a Payza Prepaid Card to load funds onto a credit card. The card is usable for online purchases and even at ATMs.
Personal accounts also let users send money to their home country through a program called SimplySendBDT. This secure platform is a go to among people living abroad.
Business Accounts
Online payment processors are changing the face of modern business. Business accounts have all the same benefits as personal accounts in addition to some additional ones.
Business accounts allow you to manage multiple product lines and websites through one central account. You can send out corporate disbursements, invoices, and mass payments with the click of a button.
These accounts also integrate into third-party shopping carts. This is a great feature for e-commerce sites because it lets customers pay directly from their accounts instead of via credit card.
Bitcoin
There are a variety of reasons that people are turning to Payza.
One of the main reasons is their platforms integration with Bitcoin. The Bitcoin feature allows users to add funds to their account in a quick and easy manner.
In order to use this feature, all you have to do is instantly deposit your Bitcoin and confirm the deposit. Your funds will then become available immediately.
There are no added fees for users looking to sell their Bitcoins. It’s a convenient feature that lets users access funds in a way that is both speedy and secure.
Bitcoin Alternatives
No one currency rules the world.
While Bitcoin may be popular there are a number of alternatives to this digital currency.
Fortunately, Payza has users covered no matter their preferred currency. It’s compatible with popular Bitcoin alternatives in many countries.
Users can sell currencies like Ethereum, Ripple, Litecoin, and many other forms of electronic currency. The money will then be exchanged at a competitive rate before being added to their account or card.
This feature is available via their altcoin deposit option. Over 50 altcoins are currently available to users.
Altcoin is expected to have more advancements moving forward. These advancements will be user-friendly for anyone looking to buy altcoins directly or to load altcoins to their card.
Moving Forward
There’s no telling what the future holds.
Companies like Payza are changing the face of modern payment. More people, countries, and currencies will be using services like this in the future.
Instant gratification is key in the modern world. Now getting paid is instant thanks to these electronic payment services.
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