June 23, 2014 08:00 ET

Payza Adds Credit Card Top Up and Withdrawal Features to Its eWallet

Members and Merchants Have Added Convenience at Lower Cost

MONTREAL, QC and NEW YORK, NY and LONDON, UNITED KINGDOM--(Marketwired - Jun 23, 2014) - Payza, one of the world's most versatile payment platforms, announced two new features today: Credit Card Top Up and Credit Card Withdrawal.

Payza's Credit Card Top Up feature allows users to set up an "auto-load source," automatically adding funds as needed when sending money or completing payment on an online transaction.

The Top Up feature is designed to help merchants improve conversion rates by allowing customers to fund their transactions instantly as long as their credit card is in good standing and under its maximum limit. Payza members will have the option to load their account directly on the checkout screen using a preselected credit card of their choice, providing greater convenience and the assurance that transaction payments will go through.

Payza also announced a Credit Card Withdrawal feature, allowing users to instantly withdraw their ewallet funds directly onto their credit card. This method is much less expensive and much faster than traditional withdrawal methods, which can take up to six business days and run as high as $25 US for a bank wire. The new withdrawal method is expected to be available in select markets as early as next week.

"These two new features provide greater convenience and speed at lower cost, three things our users have learned to expect from us," said Ali Nizameddine, Executive Vice President of Product and Technology. "Improving the payment process for both merchants and consumers is at the core of all our product developments. Our goal is to make the payments service as smooth as possible."

About Payza
Payza is a leading online payments technology platform used by licensed entities around the world.

Payza's highly secure 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 millions of 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 the company's blog.

Contact Information

  • Media Contacts:
    Tim Johnson
    Gary Thompson
    Email Contact
    Clarity Communications for Payza