Payza has a unique advantage over other payment processors, because the system works in more than 190 countries around the globe. As a result, Payza also accepts more than 20 different currencies. Payza keeps its fees low, so small businesses and contractors can transfer money freely and bank at little cost to them.
Payza is an e-wallet, first and foremost, and its purpose is to allow customers to perform banking transactions online. Payza is designed to work seamlessly with businesses as well, allowing them to accept either one-time or recurring payments on a website. If you’re looking to sell goods and services online, you might be wondering what sets Payza apart from its competition.
Like most payment processors, Payza uses an SSL encryption to secure every transaction made on the platform. However, Payza also offers its “FraudMatrix” technology. Essentially a security check, FraudMatrix is designed to catch fraudulent transactions before they happen.
Transactions on Payza are immediate, so the money is in the recipient’s account and available for transfer usually by the time the customer has confirmed the payment. That liquidity helps small businesses stay afloat.
Payza also features SimplySendBD, which is a special technology designed specifically for sending money overseas to one’s home country. This feature is valuable to those who seek work outside their home country, as it’s often the only means to keeping family and friends out of debt.