Payza international money transfers review November 2018 |

Review: Payza international money transfers

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Free transfers to more than 190 countries when you send money from your Payza account

Payza supports 25 currencies, including the US dollar, British pound, the Euro and a host of exotic currencies, and you can initiate quick, convenient transfers online. Payza offers fee-free transfers and a 2.5% spread on top of the mid-market rate. It also provides multiple transfer payment options and can be used to send funds to loved ones overseas, pay bills and even shop online.

Product NamePayza
Max. Transfer AmountNo limit
Transfer Methods
Transfer Options
One off payments
Transfer Speed
Minimum transfer time
Within an hour
Customer Service
Chat, Email

Watch out for hidden fees

Payza touts its fee-free transfers, but it is only free to send money to another Payza account. You’ll pay a fee to receive funds, as well as a fee to withdraw those funds. Adding funds to your Payza e-wallet also incurs a fee.

Compare safe money transfer services

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I want to send


Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
$0 3 - 5 days USD 0.00 0.876 EUR 4,380 Transfer up to $500,000 with no minimums and no fees. Go to site Show details
USD 1,000 1 day USD 0.00 0.876 EUR 4,378 No maximum limit, no fees and competitive exchange rates for 100+ currencies. Go to site Show details
USD 1 Within an hour USD 3.99 0.876 EUR 4,375 Use promo code FINDER to send your first transfer with no fee.
Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.
Go to site Show details
USD 1 3 - 5 days USD 50.00 0.884 EUR
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
GBP 5,000 1 - 2 days USD 0.00 0.875 EUR 4,374 Get live quotes on exchange rates and take advantage of no transaction fees with no limits on transfers. Go to site Show details

Compare up to 4 providers

How much does it cost to transfer money with Payza?

Sending funds online is free. However, you’ll pay the following to receive, add or withdraw funds:

Send or Receive Funds
Receive funds in BTC1.2 % free

1.2 %

Receive funds2.90 % + $0.30 USD

2.90 % + $0.30 USD

Add Funds
Bank wire$8 USD

$8 USD

Credit card3.50 %

3.50 %


Exchange rate: 6823.7988 USD

Exchange rate: 6823.7988 USD
Bank Transfer
Less than $200 USD
Rate per transaction: $2 USD
$200 USD to $5,000 USD
Rate per transaction: free
Less than $200.00 USD
Rate per transaction: $2 USD
$200 USD to $5,000 USD
Rate per transaction: free
Withdraw Funds
Bitcoin – from Fiat currencyMiner fees: 0.00045

Exchange rate: 7398.28 USD
Miner fees: 0.00045

Exchange rate: 7398.28 USD
Bitcoin – from BTCMiner fees: 0.00045

Miner fees: 0.00045

eGift cardFree


Bank transfer$0.50 USD

$0.50 USD

What types of transfers can I send with Payza?

Payza offers fast one-off transfers to more than 190 countries around the world.

You can pay for your transaction by:

  • Credit card
  • Bank transfer
  • Bitcoin

While you’re able to send transfers to both Payza members and nonmembers, if your recipients do not have a Payza account, they’ll need to sign up to access their funds.

Depending on where they live, your recipient can access money by:

  • Bank transfer
  • Bank wire
  • Credit card
  • Over-the-counter direct transfer
  • Bitcoin

What are the pros and cons of using Payza?


  • It’s easy. Payza’s simple transfer process allows you to send money quickly and easily online.
  • Worldwide access. With support for 25 currencies and the ability to transfer to 197 countries, Payza provides a range of transfer options.


  • Membership required. Your recipient will need to sign up for a Payza account to access the funds you send.
  • Limited customer support. You’ll need to fill out an online form to get help with a transaction.

How do I send money overseas with Payza?

To send money overseas:

  1. Click the Send Funds tab and enter your recipient’s email address, how much you want to send and the currency you’re sending.
  2. Select how you’re paying for the transfer: credit card, debit card or from your Payza e-wallet. You can top up your e-wallet by linking your bank account or credit card.
  3. Review the details of your transfer, enter your transaction PIN and send your funds. If a Payza member, your recipient will receive an email when the funds arrive; nonmembers must sign up for a Payza account to access their funds.

To retrieve the funds, your recipient must log in to their Payza account and click the Withdraw Funds tab.

Payment can be received by:

  • Bank transfer
  • Bank wire
  • Credit card
  • Over-the-counter direct transfer
  • Bitcoin

Bottom line

When you need a fast and affordable way to send money overseas, Payza’s international payment solutions are worth considering. However, customer support is limited and there are plenty of negative online reviews.

Make sure to compare the service that Payza has to offer with the features and benefits of other international money transfer providers — doing so can save you time and money.

Frequently asked questions

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18 Responses

  1. Default Gravatar
    KhantOctober 5, 2018

    Can payza be used in myanmar? If so what bank accounts are available?

    • finder Customer Care
      nikkiangcoOctober 8, 2018Staff

      Hi Khant,

      Thanks for your message and for contacting finder.

      Yes, Payza can be used in Myanmar, Burma however we don’t have the list of bank accounts. You may check this out directly from Payza’s page.

      Hope this clarifies! For any clarifications, feel free to message us again.


  2. Default Gravatar
    AlexSeptember 22, 2018

    can I make account from Macedonia and order a physical card to deliver in my address in Macedonia?
    Thank You

    • finder Customer Care
      JoshuaSeptember 24, 2018Staff

      Hi Alex,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      Payza has already been discontinued. For this reason, you won’t be able to make an account from Macedonia and order a physical card. If you want to learn how to send money to Macedonia, please go to this page.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!


  3. Default Gravatar
    AnonymousSeptember 8, 2018

    Why is Payza not available in India?

    • finder Customer Care
      JhezelynSeptember 11, 2018Staff


      Thank you for your comment.

      Payza may not be available in some countries due to various restrictions and regulations. Upon checking, Payza is available in India. You may check Payza India website.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.


  4. Default Gravatar
    ESSJuly 16, 2018

    Hi, I am from Nigeria, and I work for several websites, I want to know if payza works in Nigeria, and if I can withdraw money directly to my local bank account here in Nigeria from payza.

    Secondly, I want to ask what documents I might need for the account to be verified in Nigeria. ?

    • finder Customer Care
      nikkiangcoJuly 19, 2018Staff

      Hi Ess!

      Thanks for contacting finder.

      Yes, Payza works in Nigeria. As it works like Paypal, you have to transfer funds from Paypal to your bank account to withdraw the funds.

      The following documents are needed to open an account:

      1. ID with Proof of Billing such as a Utility Bill (Electricity Bill, Telephone Bill, Bank Statement)
      2. Business Registration

      For Sole Proprietorships :
      • Photo ID
      • Proof of address
      • Proof of ownership (Registered Sole Props) / Attestation of Sole Proprietorship (Unregistered Sole Props)

      Note: Name & Address of the proof must match Payza Account business Information.

      For Partnership:

      • Partnership agreement
      • Document confirming the business registered name
      • POI for each Partner who directly or indirectly owns 25% or more
      • Copy of business bank account statement (dated within 6 months)
      • If the partnership agreement is dated over 2 years, a document to confirm the current active status of the partnership will be required
      • Certified document authorizing the account holder to manage the Payza account on behalf of the entity

      Corporations :

      • Certificate of Incorporation
      • Articles of Incorporation/memorandum of association (depending on where the company is registered)
      • Certified copy of the Shareholder’s Agreement
      • Certified document confirming the names of all Directors
      • POI/POA for all beneficial owners who own 25% or more
      • Copy of business bank account statement (dated within 6 months)
      • Certified document authorizing the account holder to manage the Payza account on behalf of the entity

      Hope this helps!


  5. Default Gravatar
    CJuly 7, 2018

    Having problems with getting my money out of Payza

    • finder Customer Care
      joelmarceloJuly 7, 2018Staff

      Hi there,

      Thanks for leaving a question on finder.

      Please note Payza’s server has been taken offline amid allegations of money laundering brought by the US Department of Justice. According to the indictment, some of its customers were involved in Ponzi schemes, pyramid schemes, and other illegal activities. For more info about this, please click HERE. I hope this gets resolved soon and I’m sorry to hear about what happened to you.


  6. Default Gravatar
    EnowApril 17, 2018

    Am in Turkey I wish to open a payza account and withdraw money is it possible?

    • finder Customer Care
      JoshuaApril 18, 2018Staff

      Hi Enow,

      Thanks for getting in touch with finder.

      Yes, you can open a Payza account and withdraw money in Turkey. Normally, you need to just go to their website to start using Payza. However, please note that at the time of this writing, Payza’s server has been taken offline amid allegations of money laundering brought by the Department of Justice. For the meantime, you might want to click here to compare a safe money transfer provider.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!


  7. Default Gravatar
    MaricelApril 13, 2018

    Is Payza available in the United Arab Emirates? Is there a fee for signing up on Payza acct?

    • finder Customer Care
      JhezelynApril 13, 2018Staff

      Hello Maricel,

      Thank you for your comment.

      There are no monthly or yearly fees to have a Payza account and it’s completely free to set up. There are also no fees to submit verification documents or to connect a bank account or credit card to your Payza account.

      In most cases, the only time fees would be applied to your account is when you conduct a transaction or when you receive funds from other Payza members.

      Additionally, Payza is not available in UAE.


  8. Default Gravatar
    JamikeApril 12, 2018

    How do I sign up for a payza account? And when will it be brought back online?

    • finder Customer Care
      JhezelynApril 12, 2018Staff

      Hello Jamike,

      Thank you for your comment.

      To sign up for a Payza account, just simply visit their official website and click Sign Up. However, currently, you’re unable to even visit the website because the page has been taken offline. Check more details about this above. So therefore, you’re not able to sign up for an account yet.

      In addition to that, there’s no update yet on when Payza’s website will be up again.


  9. Default Gravatar
    DikshaApril 22, 2017

    Do payza automatically transfer the fund in my bank account or I have to do any proceedings to get my paynent in bank

    • finder Customer Care
      AnndyJune 29, 2017Staff

      Hi Diksha,

      Thanks for your question.

      Payza will not automatically transfer the money to your bank account. To withdraw money and have it deposited to your bank account, you can follow the following procedure:

      1. Log in to your Payza account.
      2. Click the Withdraw Funds and select Bank Transfer.
      3. Choose your Payza balance and Bank Account then enter the amount you want to withdraw.
      4. Follow the prompts.

      I hope this helps.


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