Payza was an online payment platform that allowed users to send and receive money globally. It was founded in 2012 and was headquartered in London, United Kingdom. Payza provided services similar to other online payment processors like PayPal, allowing individuals and businesses to make online payments, receive funds, and manage their accounts.
Key features and services offered by Payza included:
- Payment Processing: Payza enabled users to send and receive payments securely online using various methods, including credit/debit cards, bank transfers, and e-wallet balances.
- Global Money Transfers: Users could send money internationally to friends, family, or businesses in different countries, facilitating cross-border transactions.
- E-commerce Solutions: Payza provided tools and services for e-commerce businesses to accept payments on their websites, including payment buttons, shopping cart integration, and invoicing features.
- Currency Exchange: Payza allowed users to hold balances in multiple currencies and provided currency conversion services at competitive rates for international transactions.
- Withdrawal Options: Users could withdraw funds from their Payza accounts to their bank accounts or load funds onto prepaid debit cards for easy access to their money.
- Security Features: Payza implemented various security measures to protect users’ accounts and transactions, including encryption, fraud detection, and account verification processes.
- Customer Support: Payza offered customer support services to assist users with account-related inquiries, transaction issues, and technical support.
However, it’s worth noting that Payza faced legal issues and regulatory challenges, particularly related to allegations of money laundering and operating without proper licenses in some jurisdictions. As a result, its services were suspended in various countries, and in March 2018, the United States Department of Justice seized Payza’s website domain as part of an investigation into its alleged involvement in illegal activities.
As of my last update in January 2022, the status of Payza and its services remained uncertain due to legal and regulatory issues. Users who relied on Payza for their online payment needs had to seek alternative platforms for sending and receiving money online.
For more info visit https://www.payza.org/
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