London, United Kingdom (PressExposure) August 04, 2014 -- Payza, among the world's most widely used payment platforms, has announced that its online payment processing and eWallet services, bundled with Payza's world-class scam prevention tools, are now available to U.S. residents and businesses.
"Payza is one of the most widely-deployed payment platforms globally," said Firoz Patel, EVP of Strategic Partnerships and Global Brand Services. "Our services currently have more than 10 million users and nearly a hundred thousand merchants globally. This is the next in a long line of major steps to implementing our suite of products and services into both established and emerging marketplaces. We're expecting American consumers and businesses to flock to our platform."
The eWallet and payment platform services now available in the U.S. allow users to make instant, secure money transfers in over 20 local currencies to anybody with a Payza account anywhere in the world. Depositing to and withdrawing from a member's account is made easy by Payza's integration with major financial networks including EFT and ACH, as well as leading credit card providers. Mass payment methods and corporate disbursements are also supported, allowing business to run their payroll directly through the payment platform.
All of Payza's services are integrated with proprietary Payza scam prevention tools. Payza prevents online scams with a comprehensive, foundational approach to security, using 128-bit SSL encryption, website review for all merchants and a strict Know-Your-Customer policy. In addition, U.S. merchants will benefit from Payza's Resolution Center, supported by a dedicated team of resolution specialists. The Resolution Center helps to reduce chargebacks by assisting in resolving disputes swiftly.
"At Payza, scam prevention and education is a major factor in every decision we make," explained Ferhan Patel, Chief Compliance Officer. "Security is always built-in, never tacked-on."
Payza has also announced a Credit Card Withdrawal feature, allowing users to instantly withdraw their eWallet funds directly onto their credit card. This method is faster than traditional withdrawal methods, which can take up to six business days.
The newly released Credit Card Top Up feature also allows users to set up an "auto-load source" to add funds as needed when sending money or completing payment on an online transaction.
By using Payza, American merchants have a wide range of options in their choice of how to accept online payment through their websites. Studies show that customer conversion rates rise significantly based on how many different payment methods are offered. By allowing customers to use the method of their choice, businesses can ensure higher conversion rates.
The new eWallet services available in the U.S. provide individuals and businesses with a convenient and secure online payment alternative. The integrated capabilities of the platform are versatile and multi-faceted and include top-of-the-line Payza scam prevention tools.
Unlike many of the industry competitors, Payza does not charge a monthly or annual fee for its eWallet services; Personal and Business accounts are free to use.
Payza, registered in the United Kingdom as MH Pillars Ltd, is one of the world's leading global online payment platforms specializing in e-commerce processing, corporate disbursements and remittances. The company offers access to payment services in both traditional and emerging markets, as well as a host of tools and services including: fraud screening, dispute resolution, currency exchange, global payouts and disbursement services. Payza offers its services around the world in 21 currencies, and is proud to provide its merchants around the globe with a complete solution for accepting payments and managing their businesses.