November 06, 2014 08:00 ET

Payza Offers Members an Option to Sell Bitcoins

Members of the Online Payment Processor Can Now Use Payza Both to Buy and Sell the Popular Crypto Currency

MONTREAL, QC and NEW YORK, NY and LONDON, UNITED KINGDOM--(Marketwired - Nov 6, 2014) - Payza, a global leader in online payment processing, announced that the company now offers a way for its members to sell Bitcoin, the popular virtual currency. The Bitcoin Deposit feature lets members instantly sell their bitcoins to fund their Payza accounts.

In August, Payza became one of the first online payment processors and e-wallet platforms to integrate Bitcoin into their system when it introduced Bitcoin Withdrawals, a simple way for Payza members to buy Bitcoin. The company acted quickly to capitalize on the success of that feature.

"This is an exciting day for Payza," said Ali Nizameddine, Executive Vice President, Product and Technology. "Our initial Bitcoin offering, Bitcoin Withdrawals, has been very well received so we looked for a way to move up the release of our Bitcoin Deposit feature. Payza members can now buy and sell bitcoins on our platform, quickly and easily."

There are no added fees for Payza's Bitcoin Deposit method and the company offers a competitive exchange rate, in line with other Bitcoin exchangers according to Nizameddine. "We are always trying to give our members the greatest value in terms of service. Even though we are not strictly a Bitcoin exchange, we've found a way to offer this service at very competitive rates."

The Bitcoin Deposit feature is available immediately to Payza members with verified accounts in most of the over 190 countries that Payza serves.

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
    Gary Thompson
    Email Contact
    Clarity Communications for Payza