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Review: Payza international money transfers

Payza, which has gone out of business, offered free transfers to more than 190 countries.

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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.
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer) Learn More
OFX
24 hours
$0

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OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
CurrencyTransfer
24 hours
$0
SPECIAL OFFER ✓ Minimum transfer of $1,000 for Finder readers (normally £5,000)

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Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
Dunbridge Financial
Dunbridge Financial
24 hours
$10

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Dunbridge Financial offers diverse transfer options to more than 120 countries.
XE
Within minutes
$3

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XE has fast transfers with low fees and a range of foreign currency tools.
Wise (TransferWise)
Within an hour
From $2.26

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Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
Remitly
Within minutes
From $0
SPECIAL OFFER ✓ Free transfers and better exchange rates available for new customers

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Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
WorldRemit
Within an hour
From $1.99

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WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Western Union
Within an hour
From $0

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Western Union sends money online to friends and family in 200+ countries around the world.
MoneyGram
Within an hour
From $0

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MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.
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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.

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.

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