Is PayZa Going Scam?
PayZa Behavior Lately!
Almost a year ago, I predicted how Alertpay when Becoming PayZa would behave. They changed names, modified their TOS and started to remove some of their clients by not allowing them to use PayZa anymore.
PayZa was mainly targeting sellers and not buyers but lately the buyers are the target/victims.
Hundreds if not thousands of PayZa customers are now getting their accounts restricted. Some people really cheat the system and deserve to get their account restricted but many, if not most of them are getting their accounts restricted for no valid reason and on top of that for a very long time. I also noticed bank wire withdrawals taking way longer than usual.
One of the most common reason PayZa is restricting accounts, is due to an “Automated Security Check“.
On a different news, PayZa won’t be working with the UK anymore effective immediately, the reason for this still unknown. Below is the update about it :
We regret to inform you that as of Thursday, October 18, 2012, Payza will suspend money transfers into all UK-based Payza accounts. This is necessary in order to implement a number of changes to our system.
Your money is still available; however, you will not be able to:
Add funds to your Payza e-wallet
Receive funds or accept payments to your Payza e-wallet
Request funds or send an invoice
Send funds, make payments or issue corporate disbursements to other UK-based Payza accounts
The moment that any and all services will be restored, we will inform you immediately via email and in a notification within your Payza account. Please be sure to check your Payza account and your email on a regular basis for the latest updates to our services.
We sincerely apologize for the inconvenience this interruption of service will cause you. We would like to emphasize that it is our intention, as a consequence of the changes we are putting in place at Payza, to be able provide the UK market with a robust online payment platform enhanced by a wider range of services.
Thank you for your understanding,
The Payza Team
I want to ask You!
What is your opinion about this?
Do you have any information to share about these issues?
Has your PayZa account been restricted?
Do you think PayZa is going Scam (About to close doors)?
I am left with way more questions than answer.
My PayZa account was restricted due to an “Automated security check”. This happened almost 30 days ago and still I haven’t had any luck in getting my account back or more importantly my funds.
I will post in the comment section when my account is unlocked if they ever do that and if I am able to gain access to my funds.
I highly suggest that if you are using only PayZa to do business online that you add an additional payment processor to your list.
A good recommendation is SolidTrustPay which I use the most now with twice as low fees as PayZa and fast withdrawals.
To avoid getting your account locked, just don’t leave lots of money in it because if you do you are more likely going to become one of the thousands of members with their accounts frozen.
In case your account gets restricted, contact support immediately and be ready with your documents (Identification Proof and Address Proof) as they will ask for it in their first message to you.
Share your thoughts!