Payza will be updating our fee structure as of April 6, 2016, in an effort to deliver the best possible value to our members. Most notably, the fee for Bank Wire Withdrawals has been reduced from $25.00 per transaction to $15.00! Similarly, the fee to Add Funds by Bank Wire has also been significantly reduced, from $20.00 down to just $8.00 per transaction.
The savings reflect countless hours of hard work from our team to secure lower rates from our providers, in order to pass those savings onto our members.
These savings were made possible in part by the recent surge in volume Payza has experienced since the start of 2016. This year has already been an exciting one at Payza, as we’ve seen our daily signups increase by over 400% since the same period last year!
The new lowered fees on one of our most popular deposit and withdrawal method is our way of saying thank you to all of our members, new and old.
Other fee changes include:
- The fee to Add Funds by Bank Transfer in Euro currency will be reduced from 2.75€ to 2.50€
- The fee to Withdraw by Bank Transfer in Euro currency will be reduced from 3.00€ to 2.50€
- The fee to receive funds and e-wallet payments will increase from 2.50% + $0.25 to 2.90% + $0.30
- The base fee to receive direct credit card payments will also increase from 6.49% + $0.25 to 6.99% + $0.59
To see all of Payza’s updated fees when these updates are put in place, visit our Fees Page here: www.payza.com/fees