#payza fraud

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There Is No Free Money!

I recently came across a money adder software that promised to give me some free money. Being familiar with the IT world I instantly sensed a scam. I wonder how many such software are out there trying to make unsuspecting internet users provide their personal or banking information. And how well are payment processing platforms geared up to deal with these scams? So I decided to poke around one such processor - Payza.

How Payza Works

Payza is an online payment platform that allows registered users to transfer money across international borders. Payza works on the concept of e-wallets and allows multiple ways in which users can transfer funds to and from their e-wallets. A quick search through their support site and i did find warnings about Payza money adder scams.

Hacks That Don’t Work!

Apparently hacks such as Payza Money adder are common across all online payment platforms. These scams offer to transfer free money into your online accounts.  Sometimes they claim to have found a loophole or special computer code which adds money to your online account. Very tempting indeed for the uninitiated. Payza warns its users that whatever names these scams may go by Payza Money Adder or otherwise, it does not support any of them and goes on to warn its users to avoid falling for these traps.

Some of these money adders work on mobile phones and are sophisticated with stylish design and branding to tempt users. They will at some point ask you for your personal information and online account details. Once these are provided, it is very easy for scammers to compromise your accounts. And if you use same passwords for multiple accounts then you might end up compromising your other accounts as well.

Payza has a fraud and security department that works on identifying various websites and social media pages claiming to provide Payza Money Adder. Users are advised against entering information on such sites. I think these kind of proactive warnings can go a long way in educating users and preventing accounts from being hacked.

Stay Safe

Following a few simple rules can help keep your online payment accounts secure. Always while logging in make sure to check the website url - it should be a https url. Avoid clicking on links in suspicious emails and be very careful while providing personal information. Also check the privacy policy of the website when you are posting personal details as part of the registration process.

[digitalbeanbasket-blog]

Payza’s Prepaid Cards Are a Boon for Frequent Travellers

According to one statistic, the number of online users who have been victims of credit card fraud could top as much as 30%. This is an alarming figure, especially as more and more economic transactions, happen over the web today! So is there a better method to make payments online without compromising your private information or your finances?

Enter Prepaid Cards

Payza, an online payment platform that facilitates quick transfer of funds across international borders recently introduced a prepaid card feature. This is a highly secure prepaid Mastercard program offered internationally to all its members worldwide. You can use this feature to use funds from your Payza account online, at ATMs or even in person at stores in a convenient, affordable and easy way.

Fraud Prevention

Due to common online frauds which come under review by homeland security Payza prepaid card is a safer option. It is a viable alternative to cash as well as credit cards. Users can safely transact online using this prepaid card without the threat of their information being exposed to cyber criminals. Prepaid cards have finite funds and in case your card is stolen or misplaced you can report to Payza and block further transactions on the card. Payza’s security and fraud prevention matrix ensure that any suspicious online activity is acted upon before user information is compromised.

Prepaid Card Features

The cost of the card starts from $19.95 USD and it comes with a chip-and-Pin technology. Payza provides an online account management feature to protect the cardholder’s funds and information. It allows members to transfer funds to and fro from their Payza wallets, monitor for and report suspicious activity, report a lost or stolen card and change their card’s security PIN. The prepaid card can be used at any global location that accepts Mastercard. This makes the card a very attractive option, given the huge customer base that Mastercard enjoys worldwide.

Payza’s security and fraud prevention allow you to secure your payments through tokenization. As is the norm with all online transmission of sensitive information today, your payment information is encrypted before being sent over the wire to keep potential hackers at bay.

As an avid traveler, I have often worried about providing my credit card information at local shops. The prepaid card is a big boon for travelers like me as this means we no longer have to worry about the loss of sensitive information every time we make a purchase.

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Having an e-commerce processor for your online business is very crucial to be able to allow your customers to make payments through your website. However, with all the fraudsters in the cyber world ready to attack when you least expect it, you want to make sure that your payment processor is doing whatever it can to protect your business. In this article, the author explains a couple of ways that Payza, one of the world’s leading online payment processors, protects its merchants from Payza fraud, such as enforcing a strict “Know Your Customer” policy. To learn more about how Payza prevents Payza fraud, read this article.

[payza]

Fraud is a serious threat in the internet world. That is why you need to know how fraud is being prevented to help protect you and your personal information. When you use Payza, Payza uses various procedures to protect its members from Payza Fraud. Read this article to find out how Payza prevents potential fraudsters from harming its members.

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In this article, author shares knowledge about Payza Fraud prevention in e-commerce industry and how Payza Fraud prevention team commit to make online payment world safe and secure for consumers and merchants. With top-notch technology, team monitor transactions and evaluate threats and consequences for merchants to manage business with ease.

To solve Payza Problems, author talks about Payza Community where users can ask for help in Frequently Asked Questions that decline cybercriminal and eliminate Payza Scam.

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This story from Payza details how the Payza Fraud Prevention Team has been collaborating with international law enforcement official to find and dismantle all the fraud rings in their system. Take a look for the full story about Payza fraud.

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An interesting article about how the e-commerce and online finance industries are working together to track down fraudsters. Read the article to find out about the Payza fraud prevention team and how they’ve collaborated with law enforcement.

[wordinvest-blog]

New Post has been published on WORDINVEST

New Post has been published on http://wordinvest.net/payza-compliance-officer-faisal-islam-to-co-lead-emerging-payments-systems-conference-master-class-and-bank-wire-service-now-available-to-more-members/

Payza - Compliance Officer Faisal Islam to Co-Lead Emerging Payments Systems Conference Master Class and Bank Wire Service Now Available to More Members

Hello Everyone! The official blog of Payza just published two new posts, regarding to co-lead emerging payments systems conference master class which is open on March 21-22, 2013 at San Francisco’s Omni San Francisco Hotel. The class will focus on understanding the underlying technology of emerging payments systems.

MARKETWIRE via COMTEX – Payza, among the world’s fastest-growing payment platforms for e-commerce,corporate disbursements and remittances, announced today that Compliance and AML Officer Faisal Islam will co-lead a Pre-conference Master Class with Carol van Cleef, a partner at law firm Patton Boggs, and a well-known Certified Anti-Money Laundering Specialist (CAMS).  The Master Class will take place at the American Conference Institute’s Emerging Payment Systems Conference, March 21-22, 2013 at San Francisco’s Omni San Francisco Hotel.

The Pre-conference Master Class, titled, “Understanding the Technology Underlying Emerging Payment Systems: Practical, Legal, and Regulatory Considerations for Attorneys and Compliance Professionals,” will take place Thursday, March 21, 8:00 a.m. – 10:00 a.m.

Islam notes the class will provide essential information on the technologies used in a wide range of innovative payment systems and how the underlying technology impacts legal and compliance considerations.  It will explore details such as how funds are transferred, the role of radio frequency identification (RFID) and near field communication (NFC), and how new products and product enhancements can be structured to make them more intuitive and easy for customers to use.

About Faisal Islam

An expert in compliance and fraud prevention, Islam is a frequent speaker on payment systems and digital money transfers.  In November, Islam spoke at ACI’s International and Cross-Border Payments Conference.  He is a well-known expert in areas related to payments including money service business compliance, FINTRAC/FINCEN, prepaid access, emerging payments, online money transfers, and operational risk and compliance.

Islam is a member of Association of Certified Anti-money Laundering Specialists (ACAMS), the Canadian Anti-Money Laundering Institute (CAMLI) and the Association of Certified Fraud Examiners (ACFE).

About Payza

Payza is one of the world’s leading global online payment platforms specializing in e-commerce processing, corporate disbursements and remittances. Payza’s highly secure e-wallet platform provides businesses and consumers with convenient and flexible solutions for sending and receiving payments worldwide. The company offers access to payment services in both traditional and emerging markets, as well as a host of tools and services including: fraud screening, dispute resolution, currency exchange, global payouts and disbursement services. With over 9 million members, Payza offers its services around the world in 21 currencies, and is proud to provide its merchants around the globe with a complete solution for accepting payments and managing their businesses. More information is available about Payza on its website, Facebook, Twitter and on the company’s blog.

Another great news from Payza for all their clients is Payza are extending their Bank Wire service, Bank wire deposits and withdrawals are now available to Payza members in most countries. In this post, Payza also announced the full lists of countries which which is supported Bank Wire service.

Payza’s bank wire services have been expanded to include more countries!

Not a Payza member? Sign up for a free account now!

Bank wire deposits and withdrawals are now available to Payza members in most countries. Our members can deposit and withdraw money to and from their e-wallets using the Add Funds by Bank Wire and Withdraw Funds by Bank Wirefeatures.

Please check the full lists below to see if your country is included:

Full list of countries with the Add Funds by Bank Wire feature

Full list of countries with the Withdraw Funds by Bank Wire feature

How to Add Funds to your E-Wallet by Bank Wire or Bank Transfer