TagPayza

DOJ Slaps Crypto-Friendly Money Firm Payza with Money Laundering Suit

The US Department of Justice (DOJ) has slapped cryptocurrency-friendly money transfer service Payza with a lawsuit for allegedly laundering more than $250 million connected to illicit activities including Ponzi schemes, pyramid schemes, and child pornography rings. The lawsuit, which was filed on Nov. 3, 2016, but not released until this week, also accuses Payza and its co-founders -- Canadian...

Bitcoin Friendly Payza and Obopay Facing Federal Criminal Investigation

Payza was an early mover among "legitimate" money transfer services with regard to integrating Bitcoin payments, and as CCN reported about a year ago, one of the first to allow it both ways. You could deposit Bitcoin for sending payments and then receive payments in Bitcoin as well. The service appears to still be operational, but there's trouble in the waters for the London-based company. The DC...

You Can Now Deposit Bitcoin to Payza: Now a Two-Way Bitcoin Service

The online payment wallet Payza, formerly known as Alertpay, recently integrated a new feature that enable its users to deposit funds using Bitcoin. The payment platform, which directly competes with PayPal and Skrill, is definitely looking after bitcoin and the possibilities the new currency offers. A company representative declared on reddit: We expect Bitcoin to be an important part of the...

Payza Helps Bring Bitcoin to Developing Nations

Payza Helps Bring Bitcoin to Developing Nations

Founded in 2012, London-based Payza is a relatively new online payments platform that competes with services like PayPal. Payza's personal accounts let users transfer money internationally and purchase various goods online. Business accounts are used by merchants to process payments, issue invoices, and manage other aspects of running a company. However, unlike some of its competitors like...