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Payza's SCAM practices

Discussion in 'Payment Processing' started by ruseneca90, Feb 6, 2014.

  1. #1
    Hello!

    I would like to inform DP members for Payza's unprofessional manner of doing business and low security which they provide.

    Here's my story which you might consider as a fiction. I can assure you that it is a true!!!

    On 9 December 2013, I sent a transaction wort $18.44 to another Payza account holder who were not verified. I sent him the transaction and waited for him to send me the sum in PayPal. He cheated me and never did that. Within 15 minutes, I opened a case in the resolution department with the transaction number. One hour later, I received a message with the following credentials:
    In the resolution center, the "specialist" was posted that the transaction could not be restored because it is "out of Payza's platform".

    Therefore, we could conclude that within 15 minuties, unverified Payza user has successfully withdrawn the transaction from his/her unverified Payza account or has sent the transaction to another Payza account and withdrawn the sum via Payza's Prepaid card. It's a complete money laundering!

    Later, I contacted Payza again. They explained to me that the transaction could not be restored and Resolutions Department had the final word. I wrote to them that if the case is not resolved, I will file a dispute with the local Prosecution and I will inform them for a money laundering which Payza have tolerated. From that moment, my Payza account was restricted because I have sent threats for legal cases which is agaisnt Payza's Terms and Conditions, although I just sent them an email where I explained what I am going to do in case they don't resolve a problem which I classified as a crime!

    Last week, I contacted them again in order to restore the access to my account and close it completely, which will mean that they will not be allowed to store my verification documents such as ID, International passport and invoices which I have uploaded to receive a status of "Verified". They refused to restore the access with the arguement that I have sent a thread for legal actions against Payza and my access has been limited according to T&Cs. An account with limited access cannot be closed. In other words, they didn't honour my request to close my account which is my right - the right to choose to be their client or not!

    With the following thread, I would like to send a red alert to everyone who is currently using Payza. STOP right now, withdraw everything in case this is possible! By using Payza, you risk your funds. Payza is just a fake company which protects money laundering schemes and claim in their T&Cs that they are not responsible for anything. If they are not responsible, then you should not pay them commissions for every transaction. It is pure logic!

    Best Regards!
     
    ruseneca90, Feb 6, 2014 IP
  2. DamienO

    DamienO Peon

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    #2
    It sounds like you were scammed by the person you sent the money to, not by Payza. You're lucky it was such a small amount.
     
    DamienO, Feb 6, 2014 IP
  3. ruseneca90

    ruseneca90 Active Member

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    #3
    To be honest, I don't make any difference between the person who scammed me and Payza.
    Just try to do the same and check whether you could that in any other payment processor :) It's impossible, unless the fraud softwares are out of order.
     
    ruseneca90, Feb 6, 2014 IP
  4. iwebsocial

    iwebsocial Well-Known Member

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    #4
    Payza really sucks! I hate Payza:(
     
    iwebsocial, Feb 13, 2014 IP
  5. h4sin

    h4sin Active Member

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    #5
    I stopped doing business with Payza.

    They reversed over $3000 from my account, because the buyers who bough stuff from my website a month before the reverse had some issues with their account.

    Good job Payza, I'm not going and never will feed them again.
     
    h4sin, Feb 13, 2014 IP
  6. Nick02

    Nick02 Active Member

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    #6
    I didnt hear any good things about Payza. Lesson learned!
     
    Nick02, Feb 13, 2014 IP
  7. ruseneca90

    ruseneca90 Active Member

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    #7
    WoW! That's a huge amount and for the first time, I read somewhere that a payment processor has reversed a transaction because the buyer has had an issue with the account :) What a jokers are Payza! I hope that they won't scam anyone in the future. I haven't even checked the company. I suspect that they could be registered as a company outside UK.
     
    ruseneca90, Feb 13, 2014 IP
  8. dscurlock

    dscurlock Prominent Member

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    #8
    sounds too me like the op is doing the money laundering. You sent him payza funds, then
    expected him to send back to you via paypal? for what purpose? not only that, you claimed
    to have sent the funds to an account that was not verified to begin with.

    You basically cheated yourself....

    unless I am just completely missing the picture here....
     
    dscurlock, Feb 14, 2014 IP
  9. ruseneca90

    ruseneca90 Active Member

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    #9
    My accounts, where I have such, are completely verified since 2009. It is impossible to launder money with a verified account. I just had a small amount of money in Payza and I decided to transfer them to PayPal instead of paying $3.5 for transfer to my bank account. There are many exchangers who provide such services, some of them are "Payza verified". It's strange when you claim that money exchanges are not allowed BUT you verify exchangers....something is very smelly there.
     
    ruseneca90, Feb 14, 2014 IP
  10. INDIAN123

    INDIAN123 Active Member

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    #10
    on 2011july I was open a dispute for 473$
    and dec 2012 i got my funds back but not 473$ they back me 544$
    don't know why but its true .....complete idiot company .. haha
     
    INDIAN123, Feb 15, 2014 IP
  11. ruseneca90

    ruseneca90 Active Member

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    #11
    It is strange, this might be some default but still, they must have informed you. :)
     
    ruseneca90, Feb 26, 2015 IP