Send and Receive Money Anywhere with Payza

By Mohammed Waseem

UK based payments provider, Payza offers an e-wallet that is available and accessible in over 200 countries across the globe. Users can send and receive money and can load and withdraw it in many ways supported by the e-wallet. 21 currencies are supported, including USD, CAD, EUR, GBP, MYR, AUD, NZD and HKD among others.

With Payza, users can take the money around the world, without carrying it. They can also send and receive money from anywhere, at any time. In addition, they can pay for shopping online as well. This is so good that even if the ‘Pay with Payza” option is not available; payment can be made from the e-wallet online.

PayzaMost customers are happy with its speed of transfer between the wallet and bank account or a card. Users can load their Payza e-wallet through bank account transfer (where available), bank wire, credit card and debit card. Withdrawal can be done to a bank account, through bank wire and to the Payza Prepaid Card. Hundreds of local payment options are supported for loading and withdrawing funds from the Payza e-wallet.

Users can send money worldwide with Payza to multiple recipients. They can also send gifts of pay back a loan. In order to do this, they need the recipient’s email address, that’s it. They can also send money through a Payza authorized exchanger, including Cavirtex, EgoPay and EraChange. SimplySendBD is a new product Payza has launched for Bangladesh, that enables users in Bangladesh to receive funds from anywhere in the world. From the sender’s viewpoint, the product can be used to send money from anywhere in the world to Bangladesh. Apart from sending, users can request and receive money.

Payza Prepaid Card is available in USD and CAD and can be used anywhere Visa cards are accepted. It can be used just like a debit card or for withdrawing money from an ATM. A one-time fee is applicable for ordering the card, which is $19.95. Various fees applicable are: card load fee of $1 or ATM transaction fee between $2.5 an $3, inactivity fee (for 3 months of inactivity) of $1 charged monthly, over the counter withdrawal fee of $10, POS usage fee of $0.5 and foreign exchange fee of 2.5%. At present, prepaid cards are not being issued, but may be resumed in the future.

To use Payza, users should have a free account, load their wallet. They can start sending and receiving money right after that. No monthly fee or activation fee is applicable; sending money is free, but recipients may be charged a fee starting at 2.50 % + $0.25. The fees for adding funds are: bank wire fees, prepaid card fees and credit card fees. Withdrawal fees for bank wire and prepaid card are also applicable, apart from currency conversion fee of 2.5%. Most fees may be different for each country, and can be checked here.

5.00 avg. rating (79% score) - 1 vote

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