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. To confirm the account is valid and belongs to you, Payza sends two small amounts (micro-deposits), between 1.00-2.00 in your local currency, which you will then confirm within your Payza account. The full procedure is explained in this Payza FAQ: How do I confirm the micro deposits I received in my bank account?
So, how does the micro deposit validation work? When you log in to your Payza account, click on the “Wallet” menu on the left side, then select “Bank Accounts”. If you haven’t yet added your bank account, you’ll be able to do so here. To add your account complete the form to add your account, review the information and confirm the details.
Once you have connected your bank account, if it is from Canada or Bangladesh, Payza will send you two micro-deposits in two separate transactions. With the help of your bank or online banking tools, locate these two deposits. If you do not have access to an online bank statement, we suggest visiting your branch to get this information directly from your bank.
Once you have located the two micro-deposit amounts, you can enter them into your Payza account on the “Manage Bank Accounts” page, which you can get to by again clicking “Wallet” and then “Bank Accounts” in your Payza account.
On the “Manage Bank Accounts” page, find the bank account you wish to validate. Under the “Status” column you will either see a message “Pending Micro-Deposits”, which means your micro-deposits have not yet arrived, or “Confirm Micro-Deposits” with a link to the confirmation page.
When you click the “Confirm Micro-Deposits” link, the next page will have a place to enter the two amounts. Copy the amounts exactly as they appear on your bank statement and then click “Submit”.
If you entered the micro-deposit amounts correctly, your account will be immediately validated and you can start using it to make deposits and withdrawals.