payZ EU New Online Payment Processor Also Accepts Gaming
payZ EU provides a fast and secure way of transferring money online. I consider payZ EU to be an online ewallet because account holders only share their personal details when opening or loading the account. Transactions with other account holders or merchants will not expose your personal information to any other party. The idea with this type of account is to keep your credit cards, bank account and personal information safe. This account is similar to a PayPal however, payZ EU ALLOWS online gaming, network marketing, online pharmacies and more.
Use your existing bank account to fund your payZ EU wallet from these countries Canada, UK, France, Italy, Sweden or Spain. The fees for using payZ EU seem a bit high. Sending money online is free but receiving funds will cost you $1 per transaction on personal accounts. Business/Merchant accounts have a hefty set up fee of $749 and to receive a merchant transaction will cost you $1 +3.75% of the transaction. payZ EU merchants can accept credit card payments directly from buyers without requiring user registration.
Account holders in Canada can deposit funds using E-Cheque and Interac. Europeans can use E-Cheque and Ukash (fee is $1 +6% on Ukash). Fund withdrawals via ACH/EFT in the US, plus FedEx check or plain bank wire transfer.
Using Billpay/Interac verified members can fund their ewallet same day. That’s pretty convenient and it appears this type of transaction will only cost you between $1.00 and $1.49 per deposit.
Options include:
- Plug-In Shopping Cart
- Software Downloads
- Subscriptions/Auto-Billing
- Pay Now Buttons
- Auction Payment
- Easy Button Creator
- Form Encryption
Advanced tools include:
- Secure Digital downloads
- Free Plug-In Buy Now Button Creator/Wizard
- Subscription payments
- Auction tools
Using payZ EU’s button creation engine, you can sell digital goods, single items or services on your website, accept auction payments, sell subscription based services and accept donations. payZ EU is also integrated with cPanel and WHM.
payZ EU will even re-bill your buyer at an interval you choose such as monthly, quarterly, semi-annual or annually. That is pretty handy indeed.
This company offers a lot more for merchants than I have mentioned here. Please check out their web for additional info and feedback is welcome.
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POSTED IN: International, Online Payments
3 opinions for payZ EU New Online Payment Processor Also Accepts Gaming
payZ EU New Online Payment Processor Also Accepts Gaming » digital money news
May 9, 2007 at 2:36 pm
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Mark
May 11, 2007 at 4:27 am
They are targeting gambling payments. That’s seems why their entry fee for merchants is so high.
This from another article.
PayZ EU was launched owned by the Gibraltar-based Datisi Limited. The internet payment processor offers users a way to securely send and receive payments for online services, including online gambling payments and withdrawals.
Online casino players in these countries (Canada, UK, France, Italy, Sweden or Spain.) can directly link their bank accounts with the PayZ EU system to facilitate easy payments and withdrawals. Datisi Limited owns, operates, markets and distributes a range of products in the payment solution and stored value industries for global markets. Some of their other products include international prepaid debit cards and merchant accounts accepting Visa and Mastercard. Datisi has been developing the PayZ EU system since 2003.
Mark
PS. It is strange to find the web offline.
steve
May 11, 2007 at 11:41 pm
Mark,
I’ve been trying to see this Payz.eu site for days and it has been “under maintenance” for the longest time. It does not look good for them right now IMHO.
By the way, any reviews regarding Payment Processor “AlertPay”? I signed-up with them and got verified too but have not used them.
Steve
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