November 06, 2013 08:30 ET

Online Payment Platforms Aid in Saving for Retirement

E-wallets, Such as Payza, Help Users With Savings Strategies, Paying Down Debts and Avoiding Taxes

MONTREAL, QC--(Marketwired - Nov 6, 2013) - National Save for Retirement Week strives to raise public awareness and provides a great opportunity for people to reflect on their future personal retirement goals, Payza notes in "It's Never Too Soon (or Too Late) to Save for Retirement." Payza is among the world's fastest-growing online payment platforms for e-commerce, corporate disbursements and remittances.

"Whether you're a 20-something whose retirement seems like a lifetime away or your golden years are just around the corner, there's no need to over work yourself," said Ferhan Patel, Payza's Chief Compliance Officer and Director of Global Risk and Compliance. "It's never too early nor too late to start saving for your retirement and to secure a solid financial foundation for your old age."

In celebration of National Save for Retirement Week, Payza provides several tips to help motivate the 20-somethings and late-starters to plan for their future retirement foundation. These tips include:

For the 20-Somethings

  • Make it automatic and deposit a portion of every paycheck into a retirement fund
  • Leverage raises
  • Spend less taxes by saving money

For Late Starters

  • Pay off debts
  • Eliminate unnecessary expenses such as extra insurance coverage and high-end electronics
  • Downsize as much as possible

Whether you're a 20-something or a late starter, everyone should start saving now. For consumers who have a difficult time sticking to a budget, online payment platforms such as the Payza e-wallet can assist in eliminating that risk.

About Payza
Payza is one of the world's leading global online payment platforms specializing in e-commerce processing, corporate disbursements and remittances. Payza's highly secure e-wallet platform provides businesses and consumers with convenient and flexible solutions for sending and receiving payments worldwide. 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. With over 9 million members, 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. More information is available about Payza on its website,, Facebook, Twitter and on the company's blog.

Contact Information

  • Contact:
    Gary Thompson
    415-963-4082, ext. 101