LONDON | Last month Payza announced the launch of their Payza Merchant Gateway service in the U.S., followed by the announcement of an additional strategic European partnership that will launch in a few months. Now Payza expands to the Canadian ecommerce market.
Merchants to accept Credit Cards and INTERAC
Payza's platform will enable businesses to accept major credit cards and INTERAC Online, Canadian's domestic online payment method. INTERAC, basically an online bank transfer, is utilised by Canada's large network of financial institutions. "We're excited to be supporting INTERAC," said Ali Nizameddine, Executive VP of Product & Technology at Payza. "The INTERAC network is almost universally adopted in Canada and is supported by every major bank. Canadians are already very familiar and comfortable with this service, and will now be able to take advantage of the convenience of using INTERAC(R) from the Payza gateway."
Payza's expansion of merchant gateway service
"This partnership is significant in the international expansion of our merchant gateway service not only because we can provide more options to our Canadian merchants, but also because it will allow us to roll out this service into Australia and Brazil in the very near future," explains Firoz Patel, Payza's Global Executive Vice President.
Recurring billing service
Payza's online payment platform also offers a recurring billing service for subscription based billing cycles, at no additional charge. The recurring billing feature has a variety of intervals and billing terms, and is created at a product level which allows for additional products to be added to the basic subscription. Unlike other payment processors and merchant accounts that charge monthly, gateway and other service fees on top of transaction fees, the Payza Merchant Gateway only charges for the processed transactions. Furthermore, the platform includes numerous developer tools including integration code, advanced button generation, and instant payment notifications.
75,000 merchants use Payza's Payment Platform
Payza as a Platform is currently being used in nearly every country around the world by over 75,000 merchants. The service offers highly competitive pricing, a wide range of supported payment methods, built-in security and fraud protection, strong merchant support, and a host of tools, features, and reporting options.
Payza is a leading online payments technology platform used by licensed entities around the world. Payza's highly secure platform provides businesses and consumers with convenient and flexible solutions for sending and receiving payments worldwide. The company offers access to payment services in both traditional and emerging markets, as well as a host of tools and services including: fraud screening, dispute resolution, currency exchange, global payouts and disbursement services. With millions of members, Payza offers its services around the world in 21 currencies, and is proud to provide its merchants around the globe with a complete solution for accepting payments and managing their businesses. More information is available about Payza on its website, www.payza.com ,Facebook, Twitter and the company's blog.
Sourced from Payza, March 20th, 2014