At Payza, we’re always looking for new and innovative ways to serve you better. Whether that means offering you more protection with Payza’s unique personalized avatars, access to an easy way to buy and sell bitcoins, making it faster for businesses to start accepting online payments, and so much more, Payza is constantly innovating and improving our services to make sure you get the best experience possible.
Today, Payza is introducing a simpler way to validate your credit card, and while we’re at it, we’re also raising the maximum transaction limits on credit card for qualified members. If your account is verified and your credit card is validated, you can be entitled to a $3000.00 USD limit on credit card transactions, a significant increase from the previous maximum of $1000.00 USD.
To validate your credit card under the new system, you simply need to provide an image of the front and back of your card, with sensitive information blocked out, as well as a recent credit card statement. Our team will review your documents within five business days. To qualify for the new maximum limit, please note your Payza account will also need to be verified.
Here’s how to complete the new credit card validation:
Inside your Payza account, select “Credit Cards” under the “Wallet” drop down menu on the left hand side. Then select the card you would like to validate:
Next, upload a recent credit card statement for the card you wish to validate and a photo or scan of the front and back of the card. You should block out the numbers on the front of your card except for the last four digits and the expiration date. You should block out any numbers on the back of your card but you must clearly show your signature:
That’s it. Review the documents on the next page and then submit them to our team. We’ll review your documents and advise you if any need to be resubmitted.
Update: Note that the validation procedure has changed – you now only need to submit a photo or scan of the front of your card in order to validate your credit card. However, it is still important to block out the numbers on the front of your card except for the last four digits and the expiration date.