Bangladesh is a country with over 150 million residents but more than that, it is the most densely populated country on the planet, with more people per square mile than any other country. The population is on the verge of an economic breakout, especially in the e-commerce sector, and now the European Union is looking to create strong ties with Bangladesh.
If you want to connect a bank account to your Payza account from Canada or Bangladesh, you may have noticed there’s a special validation procedure you’ll need to complete before you can start using that account for deposits and withdrawals.
Last week the web was rocked with the news of the Heartbleed bug, which affected servers by exploiting a vulnerability in OpenSSL encrypted data (Payza’s servers were secure – you can learn more in this post). The vulnerability had particularly severe implications for ecommerce businesses, as it gave hackers access to a server’s memory, where sensitive data like usernames, password information, and credit card numbers are stored. Ecommerce businesses can take this opportunity to take another look at their web server security.
Payza, a leading online payment processor and remittance platform, announced the launch of Bank Transfer (ACH) deposits and withdrawals for all Payza members with U.S. bank accounts. The new services are currently the lowest cost deposit and withdrawal methods available to members.