What is a Payza account? Payza is an electronic wallet (e-wallet) payment system which was founded in the year 2004. At the time of its foundation, it was named AlertPay and later in 2012 changed its Name to Payza.
PayPal is no longer the only way to send or receive money online throughout the globe. Amongst many alternatives to the PayPal, the best one is Payza. I will explain how Payza works in this post so you understand more.
The office headquarters of Payza are in Montreal, Canada. This service is available to the users around the globe. So the first question we need to answer is
Is Payza Like PayPal?
Yes! It works in a similar fashion as PayPal, but there are also differences between Paypal and Payza. For example, Payza supports more countries and the transaction rates are comparatively lower than PayPal.
How To Create A Payza Account
Signing up for a Payza account is simple and straightforward if you know how to sign up for a PayPal account, then it`s the same process.
- Go to the signup page
- Select your country
- Select the type of account you wish to create. Payza offers two options: Personal or Business. If you are not a company or an organization then select Personal.
Following this, a new window will open up. It will ask for your name, your email address, and the password. Type your answer accordingly in the appropriate spaces.
When you are done typing your answers, click on the ‘Get Started’ button.
A confirmation message will be sent to the email you typed in before with the activation link. Clicking on the link will activate your account. You will be taken to your Payza dashboard immediately after.
Congratulations! You have successfully created your Payza account.
How To Setup Your Profile On Payza
Click on the link “Complete Profile Setup”.A popup window will appear. Here, click on Get Started.
Fill in the information as asked or applicable. For example, the Work Details. After you are done typing click “Save details”
Then you will be asked about your address, contact number, security details, etc. Type the information and click “Save and Finish” when you are done.
If the information is typed correctly in appropriate places, you will get the message “You have successfully setup your profile”.
Now you can successfully access your Payza account.
How To Operate Your Payza Account
When you log in to your account, there are four main things displayed on the top. These are as follows:
Send Funds: Use this option for sending money. It is simple to use. Just type in the email ID of Payza user to whom you wish to send the amount and type the amount you wish to send. The funds can be sent from your balance in Payza account, your credit card or your bank account.
Request Funds: In case of requesting funds from another Payza user, go to this link. Here also you have to provide the email address of the said Payza user and the amount requested.
Add Funds: To use other online services, you must have some funds in your Payza account. You can add funds by using “add funds” feature.
Withdraw Funds: This feature is to withdraw their balance in your bank account. There is a good news for the India based Payza users. Payza has recently started local bank transfer service.
How To Receive Funds In Your Payza Account?
Freelancers, e-commerce, e-traders, PTC sites users or any other online money making users can use their Payza email address to receive payments in an easy and effective way.
All you need to do is fill your Payza email address in the account settings of the website if you are using a PTC site or a Survey site. When you have reached the cashout threshold depending on which site you are using, just click on the “cashout” option.
The payments will be processed and sent to your Payza account.
How To Withdraw Funds From Payza To Your Bank Account?
You must first add your bank account details to the Payza account. To do this:
- Click on the Wallet on the left sidebar
- Click Bank Account
- Click “Add a Bank Account”
Now enter the bank details as asked.
- Choose the type of currency you wish to receive your payments in. Local Currency is usually the best option to choose here.
- Click Next
Verify the information and if all looks fine, click on the Add bank account button. A message will display saying that you have successfully added your bank account.
Now to actually withdraw funds, click on Withdraw Funds option.
From the options, choose bank transfer. Select the bank in which you want the payment to send in.
Type the Amount you wish to withdraw and click Next.
The amount will be transferred to your bank account within 3-4 working days.
Payza account is predominantly used for those who are making money through online medium. That is almost everyone in present time. It makes sending and receiving payments online easy and effortless. And it is cost-effective!
I hope you enjoyed this post and know there are alternatives out there if PayPal is not available in your country or if you`re a member of a program that does not use PayPal like this program here.
What`s your favorite online wallet? would like to know why you prefer one over the other, leave me a message below.
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Did you know Payza pays you cash to invite friends? for every person you invite and joins Payza, Payza will pay you $5.