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John Aiken
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John Aiken   My Press Releases

" Warning Danger" Whats In Your Payment Processors ?

Published on 6/30/2018
For additional information  Click Here

9-27-2018 Important update, Thanks to a comment by  one of our Members about payza.eu  I decided to visit this site . Low and behold they are up and running yet again. My credentials worked,a check of that new/or other Payza site on scamadviser.com has only 3 comments and all 3 are bad ,very bad . Some of you had left money with Payza as did I, try your credentials you should be able to log in getting your funds may take some work and patience based on the reviews of this site .

Danger"   Whats In Your Payment Processors ? 

Article by John Aiken

 

Maybe it's just me ,I have never really given much thought to this situation /circumstance or whatever you may want to call it . 

Nevertheless it is an unfortunate turn of events affecting many people.

For years we have all been using payment processors , such as Payza, skrill,paylution,paypal,Dwolla,and a slew of others. 

Infact here is a website of the 15 most popular ones according to this article

at Entrepenuer.com ( https://www.entrepreneur.com/article/286006 )  

Now I, like im sure some of if not a lot of you have funds (balances) in more than one payment processor account.

It may only be a few dollars or it could be many depending how often you use a certain processor to buy or pay for things,or add money to other accounts for programs you may be involved in. 

Today I happened to see an ad that caught my attention and it was accepting payments from PAYZA, this is a processor that I'm sure many,many of us have used over the years. It is one that I did not use frequently because I was not crazy about the transfer fee rates they charged.

However some programs required payment through PAYZA, I always felt that it was a safe option as it had been around before I started working online and it was at the time I started my Payza account a very highly recomended payment solution. 

Well I had not used it in a very long time, so long infact that I had not checked my account since sometime in the winter of 2016.

To my surprise this is what I found when I went to Payza to login to see what funds I had available.

This is just a paragraph (source US. Department of Justice)

Obopay/Payza

     MH Pillars, Ltd., doing business as Payza, has been indicted by a federal grand jury in the District of Columbia on charges alleging they operated an Internet-based unlicensed money service business that processed more than $250 million in transactions.    (The letter says it was updated March 2018)

That was not what I expected to see for mor info just go to http://Payza.com  and follow the link for the whole story . 

 

In conclusion I guess it is not safe to leave funds available in any online payment processor ,Im curious  Please leave a comment with whatever safe solutions you use .

Again I ask  whats in your payment processor? 

Make sure it's still there ........

 

 

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