Payza App Update Incorporates Bitcoin Services and More!

The Payza developers have once again improved the Payza experience for our members – our Payza app just got even better! If you already have the Payza app, make sure you download the latest update to take advantage of the new features.

Take Payza with you wherever you go with the Payza app. You get all of Payza’s features in the palm of your hand and the app lets you stay on top of your Payza account: send money, add or withdraw funds, and review your account’s transaction history.

We have now improved the Payza app with a couple of new features, with a focus on facilitating Bitcoin usage and enhancing the user interface. These new features make what is available on the Payza desktop also available on the app. This in turn makes the user experience of the app easier, faster and more convenient for our Payza members.

The Payza App’s New Features at a Glance

Add Funds by Bitcoin

The latest Payza App updates gives you an easy way to exchange Bitcoin from outside Bitcoin Wallets into fiat currency in your Payza account. With this update, when you Add Funds by Bitcoin in the app, they will automatically be converted into US Dollars. Future updates will also give you the option to keep those funds in your Payza Bitcoin balance.

Here’s how the new feature works:

  1. In your Payza app, click “Add/Withdraw Funds” in the menu in the upper left-hand corner, then select “Add Funds by Bitcoin”.
  2. For the destination balance only US Dollars is currently available.
  3. Enter the deposit amount (in Bitcoin).
  4. Review the details and confirm your transaction by typing your Transaction PIN.
  5. Payza will provide you with a unique Bitcoin address for you to send your bitcoins and a set of instructions for completing your transaction.

Note that your account must be verified in order to do conversions from Bitcoin.

This gallery shows you exactly how the process works:

 

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If you want to add Bitcoin to your Bitcoin balance, you will still need to use the Payza desktop site for now. Our developers are hard at work on the next Payza app update and expect to have this new release ready before the end of the year.

Load Your Payza Card with Bitcoin

If you have Bitcoin in your Payza e-wallet, you can easily load your Payza Card from your Bitcoin balance in the app. Just follow these steps:

  1. In your Payza app, click “Wallet” in the menu in the upper left-hand corner, select “Prepaid Cards” and click “Load Prepaid Card”.
    Or use the new shortcut: In the menu, click “Add/Withdraw Funds” and select “Load Prepaid Card”.
  2. Select the card you want to add funds to.
  3. Select Bitcoin as the currency balance and enter the amount.
  4. Review the details and confirm your transaction by typing your Transaction PIN.

This gallery shows you exactly how the process works:

 

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In most cases loading your Payza Card with Bitcoin will be instant, however there are some exceptions. All Payza withdrawals can potentially trigger a withdrawal review which can take up to 3 business days.

User Interface Enhancement

By adding the “Add/Withdraw Funds” options directly in the app menu we have created an easier way for Payza members to find the deposit and withdrawal options they have for their account through an easy access menu.

Simply select “Add/Withdraw Funds” in the menu in the upper left-hand corner of the app. The funding methods available specifically for you will appear. Depending on your account, you will have the option to add funds by Credit Card, Bitcoin and/or the Payza Card, and to withdraw funds to your Payza Card. If you do not have a Payza Card, there is currently no other withdrawal option available through the Payza app, but our developers are working to add other withdrawal options as well.

We are always working on updates for the Payza app, so stay tuned for more exciting features to be available in the future!

The Payza mobile app is free and is available for Apple iOS and for Android. Download it from iTunes or Google Play for use on your iPhone, iPad, or Android devices.

Use Prepaid Cards to Simplify Your Payroll

Slowly but surely, digital payment technologies have transformed how businesses are run. The digital economy has brought countless innovative improvements to organizations of all sizes, from devices such as Square that turn your smart device into a card processor and make it easier to sell your products, to cloud-based technologies that render your office space obsolete in favor of distributed teams.

Despite this trend, there are areas where companies still typically opt for the old “business-as-usual” way of doing things. One of these areas is Payroll.

While electronic payments in the form of direct deposits are now the norm, the few business owners out there who have taken the time to consider the alternatives have found a better option. Payroll cards are reloadable prepaid cards onto which an employer loads a worker’s earnings at the end of each pay cycle, which can then be used anywhere credit cards are accepted, including ATMs and cash-back transactions.

Both direct deposits and prepaid cards offer some clear advantages when compared to old fashioned paper checks. They are both faster than checks, providing your employees with instant access to their funds and simplifying the bookkeeping on your end by delivering all your payments at the same time. Electronic payments are also more secure than checks, which can be easily lost of tampered with, which can cost your company in the form of canceled check fees and penalties.

But payroll cards offer some additional advantages over direct deposits which can have significant short and long-term effects on the success of your business.

Advantages of Payroll Cards vs. Direct Deposits

  • Lower Cost

The prepaid card industry has come a long way and now payroll cards are the preferred alternative to direct deposits, beating out paper checks in 2015. Before then, prepaid cards were often associated with high fees, but today the costs of prepaid cards have come down dramatically to compete with traditional bank cards. Payroll cards can now save both employers and employees a great deal of cost.

  • Higher Morale

Not only do payroll cards have lower usage fees and more transparency than traditional bank cards, but they also offer a great deal of usability, earning an A-rating for core features in the 2017 Payroll Industry Scorecard from CFSI. They have the same functionality as credit cards, but they help employees stay out of debt by being preloaded and lacking an overdraft limit. On top of that, they are often linked to superior online and mobile banking platforms. For all these reasons, payroll can help increase employee satisfaction in a cashless and debt-averse world.

  • Larger Potential Workforce

In addition to the advantages payroll cards pose for employees who have a bank account, this form of payment can be a life-changer for the unbanked. Workers without bank accounts are forced to pay fees to get their checks cashed, so offering payroll cards can make you a more attractive employer to a wider segment of the global workforce.

Payroll cards can open the door to hiring remote workers from all around the world. It can be challenging and expensive to navigate direct deposits across national borders and integrate with local banks in multiple countries – payroll cards allow you to skip the hassle and pay anyone, anywhere.

  • Less Payroll Workload

Whether or not you’re employing a distributed international workforce, prepaid cards can save your company a great deal of cost and labor in the payroll department. Since you are issuing the cards to your employees and reloading them at the end of each work cycle, payroll cards eliminate the need to collect personal banking information from each employee, the need to keep that information safely stored and updated, and the need to fix potential problems with delivering payments. Instead, you retain control of the entire payroll process in-house and on a single payment system.

You can begin to improve the outlook of your business immediately by using prepaid cards to consolidate payments, whether to employees, contractors or affiliates, locally or abroad. With the power to simplify the workload for your business, improve morale for your employees, and keep costs down for both parties, payroll cards are the superior (and often-overlooked) alternative for modern businesses.


With the Payza Card, our global proprietary prepaid card, you can rest easy knowing you’re in the hands of the most reliable and affordable payout provider you can find. With no monthly fee and pay-as-you-go transaction fees, our prepaid card is an affordable alternative for your employees. A Payza Business account makes it easy to complete your payouts with just one click and keep track of your payments with Payza’s detailed Transaction History. Just upload your payroll spreadsheet and send money instantly to anything from a few people up to a few hundred! For more information about the Payza Card, be sure to subscribe to our blog.

Instant Bitcoin to Payza Card Loads Now Available

We think that Bitcoin and the Payza Card are a perfect match, so we decided to make them even better together. Payza is therefore proud to present another new feature related by Bitcoin, a feature that combines Bitcoin and the Payza Card – Bitcoin to Payza Card Loads.

This new feature lets you convert the Bitcoin that’s already in your Payza account into US Dollars and add those funds onto your Payza Card in seconds. This feature applies to the Bitcoin being held in your Payza account already, if you have another Bitcoin wallet, you can transfer those Bitcoin into your Payza account and then instantly load your Payza Card.

It is very easy to load funds onto your Payza Card – simply create a Withdraw Funds transaction in your Payza account and select the Payza Card as your withdrawal method. With our new feature Bitcoin to Payza Card Loads you can even load your Payza Card with Bitcoin. To do this you must simply create a withdraw funds transaction in your Payza account and select the Payza Card as your withdrawal method. Then when selecting the balance, choose “Bitcoin”. This will automatically exchange your Bitcoin to US Dollars and load your Payza Card with the exchanged amount.

Loading Funds From a Bitcoin Balance to Your Payza Card

  1. In your Payza account, click “Withdraw Funds” in the top menu, then select “Payza Prepaid Card”.
  2. Select Bitcoin as the currency balance and enter the amount.
  3. Review the details and click “Withdraw” to confirm your transaction.

In most cases, loading your Payza Card with Bitcoin will be instant, however, there will be some exceptions. All Payza withdrawals can potentially trigger a general delay which can take up to 3 business days, but, in the majority of cases, loading your Payza Card using your Bitcoin balance will be instant.

The Payza Card is $19.95 US to order, including shipping and handling. Currently, this charge must be paid from your Payza balance, but our team is working to provide an option to pay for the card using Bitcoin or Credit Card as well.

With a Payza Card, you can make purchases almost anywhere traditional credit cards are accepted, including online, in-store and at most ATMs. Shipping takes 1-3 weeks to members in North America, or 4-8 weeks worldwide. Order the Payza Card directly in your account. Under the “Wallet” tab, look for “Prepaid Cards” to order your own card. Please note that your Payza account must be verified before you can order your Payza Card. Check out our full guide about the Payza Card here.

For more information and to stay up to date with the latest Payza news, be sure to subscribe to the Payza Blog and follow us on Facebook and Twitter.

From Cryptocurrency to Cash: Exchanging Is Easier Than You Think

Crypto to cash payza

Going from cryptocurrencies, especially altcoins, to cash can be difficult. So we’ve compared the best solutions on the market for exchanging Bitcoin and altcoins to make your life a little easier.

Over the past week, Bitcoin and altcoin values have dropped dramatically. A month ago, the price of Bitcoin climbed above $3,000 USD for the first time, but on Sunday it dropped as low as $1,863.22 and remains below June’s lowest value at the time of writing. Ethereum, which reached nearly $400 in June, is now trading at half that value. And just about all other cryptocurrencies experienced a similar decline.

A cursory glance at the news coverage reveals a number of possible causes for this drop – which has seen the total cryptocurrency market capitalization decrease from a mid-June high of $115 billion to as little at $61 billion at its lowest point (so far) – but the most likely culprit is the imminence of SegWit, scheduled for August 1st.

Don’t know what SegWit is? Click here for our take on SegWit and the Future of Bitcoin.

In light of the past week (which some are preemptively calling a crash) we’ve decided to take a look at the best solutions available for cryptocurrency exchanges, and which services you can use to send Bitcoin to your Payza e-wallet or to acquire altcoins that you can later sell to Payza.

Since there are so many to choose from – hundreds of different exchanges which might seem indistinguishable to the casual Bitcoin user – we’ve collected the results from 10 different recent Best-Of lists from leading crypto publications, including Bitcoinist, The Merkle and 99 Bitcoins, to create the ultimate Top 5 list:

  1. Gemini

Unlike most others on this list, Gemini is a fully regulated exchange licensed in the US, meaning that they’re held to a similar set of rules and standards as a bank. Gemini sports a great, minimalist user interface but you can only trade in Bitcoin, Ether and USD and the service is only available in 42 states, Canada, the UK, Hong Kong, Japan, Singapore and South Korea.

PROS: Highly secure, user-friendly design, great analytics tools, no deposit or withdrawal fees.

CONS: Limited to USD, BTC and ETH, available in only a handful of locations.

  1. CEX.IO

Founded in London, England in 2013, CEX.IO trades in most major cryptocurrencies and support USD, EUR, GBP and RUB fiat currencies. The platform is intuitive and user-friendly but also powerful enough for professional traders, and has a good reputation for security.

PROS: Accepts credit cards, mobile-friendly, worldwide availability.

CONS: Long verification process, high deposit fees, limited customer support.

  1. Bitstamp

Making it onto over half of our lists, Bitstamp is the oldest exchange standing, having launched back in 2011. Both EUR and USD are accepted and multiple deposit methods (including credit card) are supported. As the third-largest Bitcoin exchange by volume, Bitstamp is a very reliable option.

PROS: Well-known for reliability, accepts credit cards, fee structure makes it a good choice for large transactions.

CONS: Poor user interface not recommended for beginners, can only trade Bitcoin for fiat currencies.

  1. Coinbase

Founded in 2012, Coinbase is a customer-centric exchange, meaning it’s an excellent place for people new to cryptocurrency. It’s one of the most popular solutions around because of its low transaction fees and ease-of-use, but Coinbase only supports a limited amount of features, currencies and countries.

PROS: User friendly, low fees, stored currency is insured, a variety of deposit and withdrawal methods supported.

CONS: Limited availability, only supports Bitcoin, Ether and Litecoin.

  1. Kraken

Almost as old as Bitstamp, Kraken was founded in 2011 as a Bitcoin exchange, and only recently expanded into altcoins. Unlike most on this list which require you to exchange fiat currencies to and from Bitcoin before trading in other altcoins, Kraken allows Ether, Ripple, ZCash, Monero and several others to be traded for fiat currency.

PROS: Reliable, supports a variety of trading pairs between cryptos and EUR or USD, low withdrawal fees.

CONS: High deposit fees, not the most intuitive design (recommended for experienced traders).

There is no shortage of Bitcoin and altcoin exchanges and opinion is very divided on which ones are superior. No exchanges appeared on more than 8 of the 10 “top exchanges” lists we consulted, so some reviewers found reasons to leave exchanges like Kraken and Coinbase off some lists.

Be careful if you decide to choose an exchange not on this list. Many other popular exchanges, such as Poloniex and Bittrex, do not support any fiat currencies and can only be used to exchange between different cryptos, meaning you won’t be able to sell your coins for cash.

Payza Unveils a Better Solution

If you’re frustrated by the lack of solutions on the market to turn Bitcoin and altcoins into cash, Payza has a great new option for you. The Payza Card and Payza cryptocurrency loading options let you go from cryptocurrency to cash in a matter of minutes. And we’re working on ways to make that process even smoother! Order your own Payza Card today and find out just how fast and simple it can be to turn digital money into cold hard cash.

PROS: Instant exchanges, load cryptocurrencies to the Payza Card instantly, over 50 cryptocurrencies and over 190 countries supported.

CONS: Identity verification is required to use Payza’s cryptocurrency services.

Traveling Money: The Prepaid Card Advantage

Payza travel card

Whoever coined the phrase “cash is king” probably wasn’t talking about international travel. There are so many reasons NOT to carry cash internationally that an entire industry has been built on providing alternatives – with the downside that, once you’ve booked your flight, it can be hard to decide what the best form of travel money for your trip is.

While cash is arguably the easiest option, major credit cards are accepted all over the world, and traditional traveler’s checks were developed for precisely this reason, these days the secret weapon of the savvy traveler is prepaid cards. Prepaid card technology isn’t new (the first prepaid cards became available around 30 years ago) but they’re finally reaching their potential: for the past few years they’ve been the biggest growth story in the payments landscape, topping 10 billion annual purchases as of 2015, and showing impressive 67% growth since 2009.

Let’s compare the most popular options and see how prepaid cards stack up:

Cash

The quickest way to have money on hand when traveling is to take it out of an ATM. But unless you can accurately estimate how much cash you are going to need during your trip, you may find yourself returning to the ATM often and incurring hefty currency exchange fees from your bank as well as foreign withdrawal fees from the machine. Withdrawing a large amount in order to avoid this problem raises issues of its own, you run the risk of having your cash stolen or losing it in your travels.

Traveler’s Checks

Traveler’s checks were designed as an early replacement for cash – simply put, these are checks that can be used in the same way as cash, but which requires you to provide proof of identity and signature verification in order to use it. Traveler’s checks let you carry a high value of “cash” without the same risks. But there are still other drawbacks; it can be hard to accurately estimate how much you are going to need for your trip and, depending on your bank, this method may come with high transaction fees of its own.

The biggest drawback for traveler’s checks though is that they are rapidly becoming obsolete. The seasoned traveler will find that traveler’s checks are not as universal as they used to be; just like a regular paper check, fewer and fewer businesses are accepting this form of payment in the age of more modern payment schemes.

Credit Cards

The classic solution, as exemplified by the fact that most major hotels will require it as a form of payment, is credit cards. A major advantage of credit cards is that, because you pay them back later, you don’t have to worry about budgeting ahead of time or running out of money. Credit card providers are also highly competitive when it comes to the travel money segment, so many cards will offer a combination of travel insurance, travel discounts and loyalty points as incentives.

But even credit cards come with drawbacks: there is no protection from debt, as you can easily spend well above your intended budget; there are usually high foreign transaction fees when using a credit card away from home; and if you lose your card, there’s a chance that almost anybody can use your it to buy whatever they want, giving you a headache to sort out with your credit card company.

Prepaid Cards

That brings us to prepaid cards – the increasingly widespread, highly effective solution to your travel money concerns. As “closed loop” cards limited to a defined group of retailers fall out of fashion, general purpose re-loadable (GPR) cards, are growing rapidly in popularity. These cards can be used almost anywhere credit cards are accepted, making them just as convenient for travelers. Young adults are using these cards strictly to limit their budgets and in the post-recession world, many people of all ages are finding them to be an ideal solution for making card payments without accumulating credit card debt.

Specifics vary depending on the issuer, but prepaid cards are generally purchased, activated and then loaded with the amount of funds you’re going to need. Typically, you can reload them remotely via online banking or e-wallet and they offer the same liability protections as traditional credit cards.

Prepaid cards provide all the same advantages as other travel money options while eliminating the downsides. It’s still recommended to carry a small amount of cash for cash-only transactions such as coffee and cab fare, and to have a credit card for hotels and others places that may only accept credit, but for everything else, prepaid cards are the solution to all your travel money needs.

The rapid growth of prepaid card adoption shows the appeal of this product. For your next trip, consider using the Payza Card to help you budget for your expenses, keep your money secure, and keep your transaction fees to a minimum. For instructions on how to order your Payza Card, visit the Payza Reference Center.

The Payza Card puts your money in your hands. With no monthly fee and pay-as-you-go transaction fees, our prepaid MasterCard-branded card is an affordable alternative to a traditional checking account. Payza is committed to supporting local payment options for our users all around the world and the Payza Card allows us to provide versatility for our members who want to use their Payza funds online, in-store, or simply withdraw it from an ATM. For more information about the Payza Card, be sure to subscribe to our blog.

The Payza Card: A Complete How-to Guide

Payza how to

The Payza Card is one of our most popular products. It gives our members in over 190 countries a simple way to access the money in their Payza accounts and use those funds to shop online or in-person. The Payza Card can also be used at most ATMs, putting cash right in your hand.

Our customer support team gets asked more questions about the Payza Card than about any other feature. To help answer these questions we recently put together this handy guide to using your Payza Card. You can also visit the Payza Card section of the Payza Personal Manual for more details on how to order and use the Payza Card.

Ordering Your Payza Card

To order a Payza Card, first make sure your Payza account is verified. Only members with verified accounts will be able to order the card.

Once your account is verified, just follow these steps to order your own Payza Card:

  1. In your Payza account, click “Wallet” in the left side menu, then select “Prepaid Cards”.
  2. Click “Order your Card”.
  3. Select the type of card you would like to order and personalize it with your name if desired, then click “Next”.
  4. If necessary, upload a Photo ID and Proof of Address document then click “Next”. Your documents must be in .JPG or .PDF format and less than 3 MB in size.
  5. Confirm your shipping address, then click “Next”.
  6. Enter your Payza Transaction PIN then click “Order” to confirm your request.

Activating the Payza Card

Once your card arrives in the mail, the first thing you will need to do is to activate it by following these steps:

  1. In your Payza account, open the “Wallet” menu (on the left side) and select “Prepaid Cards”.
  2. Under the “Status” heading, select “Activate”.
  3. Enter the first 12 digits appearing on your card (the last 4 digits will already be entered).
  4. Create a unique Payza Card PIN and click “Confirm”.
  5. Click “Activate Card” to complete the activation process.

Please note: Your Payza Card PIN is not the same as your Payza Transaction PIN. We recommend choosing a different number to ensure maximum security.

Loading Your Payza Card

Now that your card is activated, it can be used just about anywhere you would use a traditional credit card. Of course, your starting balance on the card will be $0, so first you’ll have to load funds onto it. To load funds, simply create a withdrawal transaction in your Payza account and select Payza Prepaid Card as your withdrawal method. Just follow these three steps to load your card:

  1. In your Payza account, open the “Withdraw Funds” top menu, then select “Payza Prepaid Card”.
  2. Select the currency balance you’d like to withdraw from and the amount of funds to load onto your card.
  3. Review the details and click “Withdraw” to confirm your transaction.

Please note: The Payza Card is currently available in US Dollars only. However, you can load your Payza card from a non-USD currency balance and we will exchange the currency into USD within your account. You can also make Payza Card payments in other currencies and the currency exchange will be conducted by Payza.

It is important to remember that you cannot load the Payza Card using funds added to your Payza account by credit card. This constitutes a cash advance which is not permitted by the Payza User Agreement.

Using Your Payza Card

Once your card has been activated and loaded with funds, you can begin using it immediately almost anywhere you can use a standard credit or debit card: online, in stores, and at most ATMs. Here’s how to use the Payza Card in each of these cases.

Online

Making a payment online with your Payza Card is the same process as using a traditional credit card. You will be required to provide basic information such as your name, the card number and the expiration date in order to make a purchase. You may in some cases also be asked for your billing address: in this case, simply enter your address as it appears in your Payza account.

In-Store

In-store purchases using your Payza Card are no different from using a standard debit or credit card. Depending on the merchant’s POS (Point-Of-Sale) terminal, you will simply need to either swipe your card or insert it into the card reader, confirm the purchase amount, and enter your PIN to complete the transaction instantly.

ATMs

Most ATMs that accept MasterCard will allow you to withdraw funds from your Payza Card. To withdraw from the card, just follow these steps:

  1. Insert your card into any ATM that accepts MasterCard.
  2. When prompted, enter your PIN.
  3. When asked for the account type, select “Checking”.
  4. Complete your withdrawal by following the instructions provided by the ATM.

Solving Transactions Issues

If your Payza Card transaction fails, please ensure the following three things before contacting Payza for further assistance:

  • You have sufficient funds loaded onto your card.
  • You are using the correct Payza Card PIN (which may differ from your Payza Transaction PIN).
  • For online purchases, you are entering the name as it appears in your Payza account, even if it is different from your name as printed on your Payza Card.

If you have ruled these causes out and your transaction has still failed, please contact our Customer Support Team directly for further assistance. If you made an in-store or online purchase with your card and would like a refund or return, you should contact the merchant directly. If they are unwilling or unable to refund your purchase, you can contact our Customer Support Team for further assistance.

As we continue to increase our commitment to local payment options, the Payza Card will be made available to more customers all around the world. For more information about the Payza Card and other Payza products and features, please visit the Payza Reference Center and be sure to subscribe to our blog.

How To: Add Funds and Load Your Payza Card Using Altcoins

Last week, Payza announced that along with Bitcoin members can now sell altcoins such as Ethereum, Ripple, Dash, Litecoin, Monero and dozens more to fund their Payza accounts and load their Payza Cards. In this post, we’ll take a closer look at how this new feature works.

Add Funds by Altcoin

Verified Payza members from most countries can now sell over 50 different altcoins to Payza. Completing an altcoin exchange is simple and takes less than a minute, here’s how to get started:

1) In your Payza account, click “Add Funds” in the top menu, then select “Altcoin”.
2) Select the altcoin to exchange and the deposit amount in altcoin. Click “Next”.
3) Review the details, enter your Transaction PIN, and click “Deposit”.
4) Payza will provide you with a unique altcoin address for you to send your altcoins and a set of instructions for completing your transaction.

While you will be shown an exchange rate for your transaction, please note that this rate will only be finalized once your transaction has been confirmed and your altcoins have been received. The final rate may be higher or lower than the initial exchange rate, depending on whether the market value of the altcoin has changed.

Read more about converting altcoins in the Payza Reference Center: How Do I Add Funds by Altcoin?

Important: You must create a new deposit and generate a new altcoin address for each Add Funds by Altcoin transaction. You will not be able to send future deposits to this altcoin address.

Loading Your Payza Card

If you already have a Payza Card, you can now load it with funds you earned by selling altcoins. As soon as those funds are received by Payza, you can instantly load them to your Payza Card. The same is true for funds you earned by selling or exchanging Bitcoin.

To load your Payza Card, just follow these steps:

1) In your Payza account, click “Withdraw Funds” in the top menu, then select “Payza Prepaid Card”.
2) Select the currency balance and the amount.
3) Review the details and click “Withdraw” to confirm your transaction.

This is the current process, but Payza’s team of developers is hard at work creating a simple, one-step cryptocurrency to Payza Card loading option. This option will give cryptocurrency enthusiasts a safe and easy way to turn coins into spendable cash in a matter of minutes.

Payza Cards can be used almost anywhere credit cards are accepted: online, in-stores, and even at most ATMs.

Exchange Ethereum, Ripple, Litecoin and More: Sell Altcoins to Payza

Payza Altcoin Launch

Payza members can now use altcoins as an e-wallet funding method. Members in most countries can now sell Ethereum, Ripple, Litecoin, Dash, Monero, Zcash and dozens of other cryptocurrencies to Payza.

Recently, Payza announced full Bitcoin support. Now, Payza has added altcoins as a deposit option, letting verified members sell the most popular Bitcoin alternatives. Over 50 different altcoins can now be exchanged with Payza, the full list can be found by accessing the altcoin deposit option within your Payza Account.

Payza members with a Payza Card can use funds added by altcoin to load the prepaid cards, giving them a simple way to turn altcoins into US Dollars that can be spent online, in-stores, or withdrawn from most ATMs.

Payza is committed to giving our members a complete online payments solution, and that means incorporating Bitcoin and other popular cryptocurrencies into our platform. Providing our members with a way to sell altcoins to Payza is one more step in the direction of complete Bitcoin and altcoin support within the Payza platform.

In the future, Payza members will also be able to buy altcoins, similar to how they can currently buy Bitcoin from Payza. Our team is also working on a one-step Payza Card loading option that will allow members with a Payza Card to load it with funds from Bitcoin or altcoin exchanges in just one action. This new feature will bypass the need to first send those funds to a Payza Account, and then load them onto the card.

The list of altcoins that Payza accepts for exchanges will be constantly growing as more cryptocurrencies gain popularity. *For the launch, the following altcoins can be sold to Payza.

*This list has been updated on July 25, 2017.

Altcoins Available for Payza Exchange

Ethereum Ripple Litecoin
Dash Monero Zcash
Ethereum Classic Dogecoin FantomCoin
Synereo Aragon Basic Attention
Bytecoin Bancor Network Civic
Darcrus Decred DigixDAO
Edgeless Expanse GameCredits
Golos Gold Byteball Gnosis
Golem Golos Matchpool (Guppy)
LBRY Credits Lisk Lunyr
MaidSafeCoin Melon NAVCoin
NuBits Gulden Nxt
PIVX PotCoin QuazarCoin
Radium Augur iEx.ec
SinglularDTV Status Network Stellar Lumens (XLM)
Stratis SwarmCity Syscoin
Chronobank WeTrust (Trustcoin) TetherUSD
Waves Wings DAO Xaurum
DigitalNote XEM(NEM)