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Any other providers accept Payza?
Ever since it switched from AlertPay to Payza, we've been having our funds get put on hold, sometimes for DAYS.
Any other providers experiencing this?
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I have blocked AP/Payza payments for months now... I was planning on starting to accept it again, however I heard that they limit accounts randomly, put on hold for days, even weeks, problems with witdrawing funds and etc. I see you have problems with them as well, which tends to removing it as payment option completly on my side..
Same here. A minimum 16 days hold is utter crap. I am going to ditch em if they don't fix their act in 2 mo.
And the 21 days with paypal is much better?
I can remember once selling a mobile phone on ebay for around £160ish ($250) and they wanted me to send the phone and wait for 21 days to receive the cash. No protection for seller at all..
@DanielM: The difference between Paypal and Payza is that Paypal at least "approves" the funds and then lets our payment process continue. Payza stagnates on "On Hold" for weeks, which prevents people from getting their services set up automatically.
@DanielM
Once you verify your account and build up reputation, it is less the 7business day.
Wut? No such thing in Europe.
We usualy pay out PayPal all 2 days and it always takes only 1 day to be paid out - no matter when the payments arrived.
Well. Am based in UK as you know and ive had this specific account for some time. SO maybe just me/ but googling this topic shows its a frequent thing.
I must be the odd man out, I have never had trouble with Payza/AlertPay, and I just request a check each month around the 15th, in my hands before the end of the month. I did verify my business years ago, and never seen a hold on funds for over 7 days when the end user pays by credit card, if they pay from balance, no hold.
Hmm, we were verified with Alertpay, but not sure if that status got cancelled in the transition to Payza for some reason. I'll have to look into it
We stopped accepting it some time ago (hidden in from the payment options). I consider alertpay/payza pretty much dead at this time. If they ever come back to life we might start accepting their payments again, but until then...
I don't get much through Payza, But through liberty reserve which I do when I hit the $200 mark, hopefully they will not hold the money from the exchanger for 16 Days, I think it is only for payments via API.
Payza holds all our transactions.... been using them for years as a business verified.
Really starting to do my head in now.
We've turned off Payza payments for the moment. They have been placing holds on our funds for seemingly no reason. I opened a ticket to ask why, and they still have not responded (opened the ticket on July 3).
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Oops! Payza going down as RIM.
We finally got our check from payments we received in June. Very disappointing that it took so long.
If your chargeback rate on Payza is low or none you can ask them to review your account and the frozen time will be removed / decreased.
What chargeback rate? Does payza work with credit cards now?
I'm not sure why I need to ask them to stop treating us like criminals when we have yet to prove that we've done anything wrong. So away they went.
I recently re-enabled it and so far no problems with held transactions.
@rds100 Yes, you can add money to your Payza account using credit card with 0% fee so add $100 and you get $100. I presume it's a way to regain it's lost customers
Now what will they do to regain their lost merchants? It's quickly becoming as useful as American Express, nobody will accept either.
@miTgiB no idea either way they are still making grands with there high fees and people who invest in "HYIP" sites Payza is a primary source of revenue
@miTgiB I pay invoices via AP so the 0% fee is good for merchants aswell, I don't mind the 21 day holding time.
but is payza better than 2co?
@Jack what do you expect to happen when a chargeback occurs? The only downside of 2co is the high fees.
Well, I have used 2co for over 8 months and had 3 chargebacks in total. I desided to be a dick and fought one of it and actually won it. It is not 2co's fault, I am absolutely sure. If a credit card reverse is issued, they have nothing to do.
Are you speeding in reverse? From .net to .co, from paypal to 2co? This is like a cook book for how not to do things.
@Zen 2CO can accept paypal?..... does 2CO take the prepaid visa cards?
I hated 2CO, they terminated our account with $400 in it because of too many chargebacks.
@Zen is that a chargeback lost % vs chargeback won % ?
What are the advantages of using 2CO to accept paypal rather than using straight up paypal? Doesn't paypal charge a lower fee?