Payza - Account Verification
By aeiou78
@aeiou78 (3445)
Malaysia
September 27, 2012 10:54pm CST
I was requested for verifying my Payza account in order for me to continue using this facility.
As such, I deposited $1.06 USD into my Payza account by my credit card.
Later, I found out that I was charged for the amount of $3.30 on top of $1.06 as the cash advance fixed fee by my local credit card company. Since I had utilized the cash advance facility, my credit card company requested me to pay for $0.04 as the daily interest too.
Because of this Payza account verification purposes, I totally had to pay for the amount of $4.00 USD and I just got the credit of $1.06 in my Payza account.
As what I can recall, I verified my Paypal account by depositing $10.00 USD to my Paypal account without considering as utilizing my cash advance facility of my credit card account. Of course, there wasn't any cash advance fee and interest charged.
May I know about your comments by comparing to these two online payment processors ?
3 responses
@deadblue12 (51)
• United States
28 Sep 12
I never tried payza but paypal is really doing great for me.
@aeiou78 (3445)
• Malaysia
28 Sep 12
It can not be denied that this Paypal will be our prime selection whenever we have an option to withdraw our fund from any of our online earning sites.
However, I do need to have a secondary payment processor as Payza when my prime payment processor, Paypal is no longer available.
@aeiou78 (3445)
• Malaysia
29 Sep 12
Hello ! Ahsanawan
If you read through the charging fees, definitely the Paypal will be our precise selection.
For Paypal, I just have to pay around $1.35 USD if the amount of money I withdraw is below $135.00 USD . If my withdrawal amount from my Paypal account is more than $135.00 USD, then there ISN'T any charging fee at all.
For Payza, I have to pay the fee of $15.00 per transaction to withdraw my funds through the only method, Bank Wire for my country, Malaysia.
After such bad experience with this Payza when I verified my Payza account, I shall definitely place this Paypal as my prime online payment processor.
@aman1981 (793)
• India
28 Sep 12
Well where i know payza charges the fee $1.06 and when ur credit bill comes they charges service tax and some other charges means u have to pay almost $1.25, and all of above they return the charges amount after verification complete in your payza account, so i didn't understand why u have pay so much higher amount..
on the other hand paypal had verified account with no charges, as after link the bank account they just send a small amount in your bank and than u have to verify in paypal site and your account is verified..
both of above i always like paypal approved site to join the site.
@aeiou78 (3445)
• Malaysia
29 Sep 12
I had to be charged so much by my credit card company because it was considered activating my cash advance facility of my credit card account.
When I verified my Paypal account, my transaction was treated as one of the payments that I made to the Paypal and my cash advance facility was not activated.
Because of these charges, I am very unhappy to the arrangement of this Payza.
@yoniarnon (1079)
• Israel
28 Sep 12
I agree with deadblue12
I am using Paypal for more than 2 years, and i think it is the best!
I don't think you need to try other thing like alert pay that changed to payza..
@aeiou78 (3445)
• Malaysia
28 Sep 12
Yes, both of you are right.
In my past experience, certain sites removed the Paypal payment processor when I was about to reach my cash out threshold or the minimum cash out, then I had to use the alternative payment processor as Payza to cash out my money.
This Payza wanted me to verify my account before I could continue using it.
I thought it was the same as the Paypal whereby the deposited money would be considered as one of the purchasing transactions.
I was disappointed when there incurred so much charges or fees for such account verification.
