Payza
Payza is a safe and convenient online payment company that operate in a similar way like PayPal, Skrill etc. Basically it allows individuals and businesses to easily send and receive funds securely from any location in the world. Payza is owned by a less known company - MH Pillars Ltd. and started offering it service in 2012 as an easy and convenient payment processor which serves as an alternative to PayPal for those that live in unsupported countries. Apart from being an alternative to PayPal, Payza also offers exciting features for individual and businesses and currently support sending of funds to anyone in over 190 countries and 25 currencies.
Payza is really easy to use and users can easily fund their account using credit card, Bank transfer, cryptocurrency (Bitcoin) and more.
Update:
As of 21th of March, 2018, Payza was inclined by federal grand jury in District of Columbia. According to the legal authority, Payza was taken down due to account of operating an unlicensed internet-based money service business that process more than $250 million in transaction. Although the Payza team responded by claiming it was mere allegations without evidence of guilt and that their service is fully in operation while they work on solution to the problem.
Currently their main domain is offline and they now operate on a new domain. Based on real user reviews, support have been really bad after the takedown and there are alot of report of users complaining about pending withdrawals for months.
Currently anyone looking for an online payment processor or a PayPal alternative should look elsewhere and avoid Payza cause it's no longer legit.
Reviews below are based on thier service prior to their takedown.
Pros:
1. Easy To Use: Payza is designed to be begineer friendly. Basically you signup and get a Payza e-wallet which you can use in receiving funds and also sending funds to over 190 countries in more than 20 currencies.
You can easily manage your e-wallet via it intuitive web interface or it Mobile App which is available for Android and iOS.
2. Support Resolution Center: Payza resolution center is an area which is dedicated to resolving transaction related dispute between two Payza members.
3. Multiple Deposit Methods: Users can easily deposit into their Payza e-wallet via multiple options like Credit card, Bank transfer, Bitcoin and more.
4. Support Multiple Currencies: Payza currently support 25 currencies worldwide at a low 2.5% spread with the ability to exchange your local currency with Payza if your country is supported.
5. Feature Rich For Businesses: Payza business account features a wide advantages for online business owners like Payment buttons, Shopping Cart integration, Cooperate disbursement of fund etc.
Cons:
1. It's unlicensed and not widely supported like PayPal.
Payza also has a referral program whereby you earn $5 for your first 10 qualified invitees and $10 for each subsequent qualified invitees after that. It is important to note that your invitee need to make a transaction (Send or Receive) of at least $250 to be qualified.