MONTREAL | Payza launches two new features for their PayZa eWallet: Credit Card Top Ups and Credit Card Withdrawal. Payza's Credit Card Top Up feature allows its wallet users to set up an "auto-load source", automatically adding funds as needed when sending money or completing payment on an online transaction.
PayZa's Top Up Feature
The Top Up feature is designed to help merchants improve conversion rates by allowing customers to fund their transactions instantly as long as their credit card is in good standing and under its maximum limit. Payza members will have the option to load their account directly on the checkout screen using a preselected credit card of their choice, providing greater convenience and the assurance that transaction payments will go through.
Credit Card Withdrawal feature
Payza also announced a Credit Card Withdrawal feature, allowing users to instantly withdraw their ewallet funds directly onto their credit card. This method is much less expensive and much faster than traditional withdrawal methods, which can take up to six business days and run as high as $25 US for a traditional bank wire. The new withdrawal method is expected to be available in select markets as early as next week.
Convenience, Speed, Lower Cost
"These two new features provide greater convenience and speed at lower cost, three things our users have learned to expect from us," said Ali Nizameddine, Executive Vice President of Product and Technology. "Improving the payment process for both merchants and consumers is at the core of all our product developments. Our goal is to make the payments service as smooth as possible."
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. Click here to see Payza's profile in our Knowledge-Base section.
Sourced from Payza, June 13rd, 2014