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Compare licensed and regulated money transfer services
Our table lets you compare the services you can use to send money abroad. Compare services on transfer speeds and fees, then click Go to site when you're ready to send.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Payza supported 25 currencies, including the US dollar, British pound, the Euro and a host of exotic currencies, and you could initiate quick, convenient transfers online. Payza offered fee-free transfers and a 2.5% spread on top of the mid-market rate. It also provided multiple transfer payment options and could be used to send funds to loved ones overseas, pay bills and even shop online.
Sending funds online through Payza was free. However, you’d pay the following to receive, add or withdraw funds:
Personal
Business
Send or Receive Funds
Receive funds in BTC
1.2 % free
1.2 %
Receive funds
2.90 % + $0.30 USD
2.90 % + $0.30 USD
Add Funds
Bank wire
$8 USD
$8 USD
Credit card
3.50 %
3.50 %
Bitcoin
Free
Exchange rate: 6823.7988 USD
Free
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 currency
Miner fees: 0.00045
Exchange rate: 7398.28 USD
Miner fees: 0.00045
Exchange rate: 7398.28 USD
Bitcoin – from BTC
Miner fees: 0.00045
Miner fees: 0.00045
eGift card
Free
Free
Bank transfer
$0.50 USD
$0.50 USD
Payza offered fast one-off transfers to more than 190 countries around the world.
You could pay for your transaction using:
Credit card
Bank transfer
Bitcoin
While you were able to send transfers to both Payza members and nonmembers, if your recipients did not have a Payza account, they’d need to sign up to access their funds.
Depending on where they live, your recipient could access money by:
Bank transfer
Bank wire
Credit card
Over-the-counter direct transfer
Bitcoin
Pros
It was easy. Payza’s simple transfer process allowed you to send money quickly and easily online.
Worldwide access. With support for 25 currencies and the ability to transfer to 197 countries, Payza provided a range of transfer options.
Cons
Membership required. Your recipient would need to sign up for a Payza account to access the funds you send.
Limited customer support. You’d need to fill out an online form to get help with a transaction.
To send money overseas:
Click the Send Funds tab and enter your recipient’s email address, how much you wanted to send and the currency you were sending.
Select how you’d be paying for the transfer: credit card, debit card or from your Payza e-wallet. You could top up your e-wallet by linking your bank account or credit card.
Review the details of your transfer, enter your transaction PIN and send your funds. If a Payza member, your recipient would receive an email when the funds arrived; nonmembers would have to sign up for a Payza account to access their funds.
To retrieve the funds, your recipient would log in to their Payza account and click the Withdraw Funds tab.
Payment could be received by:
Bank transfer
Bank wire
Credit card
Over-the-counter direct transfer
Bitcoin
Bottom line
When you needed a fast and affordable way to send money overseas, Payza’s international payment solutions were worth considering. However, because the company has since shut down, consider using a payment alternative like Payoneer instead.
Frequently asked questions
Is Payza safe?
No. Payza was shut down because it did not have the proper licenses to operate in the United States. Explore regulated and licensed business payment solutions to find a Payza alternative.
How can I withdraw money from Payza?
When Payza was operating, US customers could withdraw funds from their Payza account by bank transfer, credit card and Bitcoin. Payza shut down in 2018, so any questions or concerns about your former Payza account should be directed to the US Department of Justice.
