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Geoff D.

Contributor Level

Total Points
84

1 Review by Geoff

  • Payza

5/26/17

Recently, I deposited funds using my credit card into my Payza wallet, only to discover additional hidden fees from an un-announced merchant processor they are now using, which they failed to disclose prior to the transaction. Payza is now using a merchant processing outfit out of China called XTDSafeservice, and what they fail to disclose is that if you are NOT based on out of China, expect your credit card company to convert to their currency, and then convert back to your country's currency, and YOU absorb the extra fees.

Not only are you paying Payza's standard fees, but you will end up with a very shocking surprise when you find out that your credit card used in the loading(of your wallet) transaction just skyrocketed.

So I contacted Payza about this and they told me that it was my credit card company's doing, not theirs. Well, that is WRONG! It is their doing because they chose this merchant processor, who happens to be out of China, instead of choosing a local merchant processor in the country where I live. I am not given any choice in this matter, and why would I pay Payza an already $25 fee, and then another $48 fee due to currency conversions, which all could have been avoided.

Besides, the transaction receipt from Payza showed one amount, but my credit card statement showed a much higher one.

WATCH OUT FOR PAYZA! They do not respect your or your money. They're only in it to make money, NO MATTER what it costs you. BUYER BEWARE!

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