Payza

 

Payza Logo

 

Payza was founded by Firoz and Ferhan Patel in August 2004 and started off with 6 employees in Montreal, Quebec. It was known as AlertPay then and it was only renamed as Payza after it has been acquired by MH Pillars Ltd. of London, United Kingdom in May 2012. It has over 70 employees and over 4,000,000 members in 190+ countries. Payza supports 23 currencies and offers localized banking in 46 countries.

Although Payza has slightly higher fees than Paypal, it is much more favoured by business owners as it has less restrictions on the types of online business. Limitation of accounts are also usually rare in Payza.