Payza

Payza already offers one of the fastest and most versatile way to send money online. With services in over 190 countries, Payza makes it easy to send money instantly to friends and loved ones almost anywhere in the world.

Last year we introduced Balance Top Up, giving members a way to instantly add funds to their account when they wanted to send money or pay a Payza merchant but didn’t have enough funds in their e-wallet. Our wide range of withdrawal options, including Bank Account, Bitcoin, and Credit Card withdrawals make it easy for you to access the money in your Payza account.

At Payza, we’re committed to creating the best possible user experience, and part of that means giving our members more choice. Now, when you Send Funds using Payza, you have the option to add the fees to your transaction instead of having your recipient pay the fees making it easier when you need to send a specific amount. You won’t have to calculate what amount of fees will be deducted, just enter the amount you want to send, select “I Pay“, and we’ll take care of the rest.

Legitimate businesses and hard-working individuals were the next targets. They too needed a means of transferring money across the world. With the emerging Asian markets offering cheap goods and services, they needed a way to pay them for their merchandise. PayPal or Dwollar could not offer their services in many counties due to local restrictions: Alertpay/ Payza found a way around them! The same methods were soon used on these new victims as had been used before. Emails were sent out citing a breach in their terms and conditions and as such, the accounts were frozen, pending the result of an ongoing enquiry. Many clients reported that they never saw their money again. Whilst the enquiry was in progress, the Patels would empty the accounts and reallocate the funds for their own benefit. Most small businesses and individuals could not afford to take legal action against such a large international company.

The Alertpay/ Payza scam came to public attention when they were suspected of processing payments for a child pornographer. This came to the attention of the FBI in November 2013.

The Patels had to act quickly and try to distance themselves from the breaking scandal. Alertpay was split up: the HYIP operators and other illegal company accounts were moved to Obopay, another Patel company which had recently been set up for this reason. They publically announced that Alertpay/ Payza had no dealings with HYIP schemes and illegally operated companies. The rest of the accounts were taken over by MH Pillars. This was a non-trading British company that was dormant. Alertpay changed its name to Payza in the hope of continuing to trade. Firoz Patel instructed the CEO of MH Pillars to email all their US clients urging them to enlist the help of their relevant State Governors. This ploy was to stall for time and to add to the confusion which was mounting.