Payza: Difference between revisions
Update to reflect Payza brand (was formerly marketed under AlertPay brand.) |
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An e-commerce business allowing payments and [[:Category:Money_transmitters|money transfers]] to be made through the Internet. | An e-commerce business allowing payments and [[:Category:Money_transmitters|money transfers]] to be made through the Internet. Previously the brand the service was marketed as was AlertPay. | ||
When sending money using | When sending money using Payza a purchase can be funded from an existing Payza balance or using a credit card. When receiving money, all funds received are added to your Payza account balance. | ||
Methods for depositing funds into an | Methods for depositing funds into an Payze account include bank wire, by linking a bank account (ACH) or by money order or certified check. Methods from withdrawing funds from an Payza account include bank wire, an ACH transfer to a bank account, check or as funds added to your credit card. | ||
==Fees== | ==Fees== | ||
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==Risks== | ==Risks== | ||
Funds received through | Funds received through Payza can potentially be put at risk if the buyer requests a chargeback. Payza's policy is to close the account for any account holders who issue a chargeback. | ||
Payza holds balances that might be at risk. The agreement states: | |||
:: <tt>If you do hold a balance in your account, | :: <tt>If you do hold a balance in your account, Payza will keep your funds separate from its corporate funds and will not use your funds for its operating expenses or any other corporate purposes</tt>.<ref>[http://www.alertpay.com/en/agreements.aspx#4.0 4.8 AlertPay Balance]</ref>. | ||
There is no mention if these funds are CDIC (Canadian) insured, FDIC (U.S.) insured, or any other indication of how or where these funds are held. | There is no mention if these funds are CDIC (Canadian) insured, FDIC (U.S.) insured, or any other indication of how or where these funds are held. | ||
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==External Links== | ==External Links== | ||
* [http://www. | * [http://www.payza.com Payza] website | ||
* [ | * [https://www.payza.com/support/payza-transaction-fees Transaction Fee Schedule] | ||
==References== | ==References== | ||
Revision as of 06:48, 7 August 2012
An e-commerce business allowing payments and money transfers to be made through the Internet. Previously the brand the service was marketed as was AlertPay.
When sending money using Payza a purchase can be funded from an existing Payza balance or using a credit card. When receiving money, all funds received are added to your Payza account balance.
Methods for depositing funds into an Payze account include bank wire, by linking a bank account (ACH) or by money order or certified check. Methods from withdrawing funds from an Payza account include bank wire, an ACH transfer to a bank account, check or as funds added to your credit card.
Fees
There are no fees when sending money. The fee subtracted when money is received will vary based on the account type.
Risks
Funds received through Payza can potentially be put at risk if the buyer requests a chargeback. Payza's policy is to close the account for any account holders who issue a chargeback.
Payza holds balances that might be at risk. The agreement states:
- If you do hold a balance in your account, Payza will keep your funds separate from its corporate funds and will not use your funds for its operating expenses or any other corporate purposes.[1].
There is no mention if these funds are CDIC (Canadian) insured, FDIC (U.S.) insured, or any other indication of how or where these funds are held.
See Also
External Links
- Payza website
- Transaction Fee Schedule