SOURCE: Payza

Payza

February 19, 2014 08:00 ET

Payza Launches Credit Card Processing Service in the U.S.

Payza as a Platform Service Now Includes Low-Cost Direct Credit/Debit Card Processing

MONTREAL, QC and NEW YORK, NY and LONDON, UNITED KINGDOM--(Marketwired - Feb 19, 2014) -  Payza, one of the world's most versatile payment platforms for e-commerce, corporate disbursements and remittances, announced today that it is launching a new credit and debit payment service to U.S. merchants based on its highly successful fully featured Payza as a Platform. The platform is currently being used in nearly every country around the world by over 75,000 merchants. The service offers highly competitive pricing, and has a wide range of payment methods; a host of tools, features, and reporting; outstanding security and strong merchant support. 

The new business payment module will enable businesses to accept MasterCard, Visa, Amex and Discover card payments directly into their business bank accounts.

"Our new payment processing module reduces friction in the online sales cycle by providing a seamless checkout process and the most preferred payment methods," explains Ali Nizameddine, Payza's Executive Vice President of Product and Technology. "Payza Merchant Gateway users are now able to accept credit and debit card payments without the hassle of managing multiple accounts at multiple institutions. All payments are sent directly to their primary business bank account." 

The platform also offers a simple recurring billing service for subscription based billing cycles, at no additional charge. The recurring feature has a variety of intervals and billing terms and is created at a product level so additional products can complement the basic subscription. Unlike other payment processors and merchant accounts that charge monthly, gateway and other service fees on top of transaction fees, the Payza Merchant Gateway only charges for the processed transactions.

The platform has compatibility with the majority of shopping carts including ZenCart, OSCommerce, WHMC, and OpenCart. Customer user names and passwords can be stored at account creation for fast checkout.

In addition, Payza's Resolution Center, supported by a dedicated team of resolution specialists, reduces charge backs by assisting in resolving disputes swiftly. The platform is SSL encrypted and has PCI DSS Level 1 Compliance, and combined with Payza's proprietary Fraud Matrix™ system the platform assures the highest level of security in the industry.

The platform includes numerous developer tools including integration code, advanced button generation, and instant payment notifications.

"Running your online business is not just about sales," continues Nizameddine. "It's about making sure your customers come back for more. Our full suite of business tools includes a customer support module that makes sure customers get the help they need when they need it, whether it be via email, phone or live chat."

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, www.payza.com, Facebook, Twitter and the company's blog.

Contact Information

  • Media Contacts:
    Tim Johnson
    415.385.9537
    Gary Thompson
    925.768.2400
    Email Contact
    Clarity Communications for Payza