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  1. #1
    Join Date
    Mar 2004
    Location
    Seattle, WA
    Posts
    2,561

    Payza discontinued in the US

    Didn't see any threads about this, so here it is. When I logged into our Payza account, I get this message:

    Payza Announcement to Customers

    Due to circumstances beyond our control, Payza’s account platform is no longer accessible to members in the United States. Therefore, you cannot add, send or receive funds to or from your account.

    Unfortunately, the third party relationship that enabled U.S. members to access their stored value account services was terminated. It is with great regret that we have had to withdraw from the U.S. market.

    All withdrawal requests will remain pending until further notice. We are working diligently on resolving this matter and will update you immediately with any developments.
    Didn't receive any e-mails on this or anything. Typical.
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  2. #2
    Join Date
    Dec 2011
    Location
    Surrey, BC
    Posts
    445
    That sucks, I've used Payza when they were still known as AlertPay. I liked their service a lot more back then. They seem to have their services focused towards targeting South Asia regions.

  3. #3
    Bad news. Thanks for telling us this. So now I need to change all my payment options. Sucks.

  4. #4
    Join Date
    Oct 2009
    Location
    United States
    Posts
    2,612
    They are holding a large sum of our funds and won't release them. We have filed a report with the Department of Justice, as our Attorney recommended. So let's wait and see what happens next.
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  5. #5
    Join Date
    Sep 2010
    Location
    /usr/bin/fail
    Posts
    858
    Yep they have this posted up when you login.

    Important Announcements

    Regarding your funds

    We are unable to complete any requests to withdraw or transfer these funds at this time, as they are currently being withheld by Ultralight Financial Services, formerly known as Obopay Inc., a licensed U.S. money transmitter of which Payza was an agent.
    Please contact Ultralight FS to request access to your funds. Additionally, you may wish to contact your state regulator, the details of which are listed below:

  6. #6
    Join Date
    Sep 2010
    Location
    /usr/bin/fail
    Posts
    858
    And the plot thickens.... If you go to Ultralight FS this is whats on their site.

    FOR PAYZA CUSTOMERS:


    The notification provided on Payza's website concerning funds you have on deposit with Payza is false and misleading. Ultralight FS (formerly known as Obopay) does not have any funds belonging to Payza or Payza's customers. Any claims for funds should be directed to Payza where your account was established and administered.


  7. #7
    Join Date
    May 2010
    Location
    Planet Earth
    Posts
    1,588
    Felling the same thing that happened to liberty reserve. We have funds with them and I am afraid that the will shut down immediately.
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  8. #8
    Join Date
    Dec 2011
    Location
    Surrey, BC
    Posts
    445
    Quote Originally Posted by ModelWebHost View Post
    Felling the same thing that happened to liberty reserve. We have funds with them and I am afraid that the will shut down immediately.
    But LR was shut down by the government for money laundering, no? From the looks of it, it seems like Payza is trying to run away with people's money. Has there been any further development or information regarding this? Are any other users in other regions affected?

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