Payza Is Restructuring

Payza Is Restructuring

This is a message to inform you about the restructuring that Payza is undergoing.

Our previous domain is no longer accessible, however Payza’s services are fully operational and available at our new domain www.payza.eu, to everyone except for residents of the United States. Our new domain defines Payza as being a European service.

Note that Payza is no longer offered as a service to US residents. This means that no transactions are allowed for US members at this time and Payza will no longer be servicing businesses registered in the US, neither providing US payout services or US based withdrawals.

Please be aware that Payza’s services are still available to businesses registered outside of the United States. However, with our recent change of domain to www.payza.eu, it is important that merchants switch their API to https://api.payza.eu and update their payment buttons to direct to https://secure.payza.eu from now on to ensure uninterrupted services.

We hope that you will stand with us while we are dealing with these changes. For all our loyal and dedicated members, Payza is still fully operational and we will continue to serve you in the best way we can!

Thank you for your patience and understanding,

The Payza Team

Payza Partners with BlockCypher to Launch Dash Cryptocurrency Payments

Payza Press Release

Payza members in over 190 countries can now buy, sell, send and receive Dash using their Payza e-wallets

LONDONMarch 19, 2018 – Payza, an award-winning online payment processor, is proud to announce that Dash is now the second cryptocurrency members can hold in their Payza e-wallet, alongside Bitcoin and a wide range of traditional currencies. This new feature allows members in over 190 countries to hold Dash in their Payza e-wallet, send and receive Dash to and from other Payza members, and exchange Dash into fiat currency or Bitcoin.

To celebrate the launch, Payza is offering a limited-time promotion: Payza members who exchange fiat or Bitcoin into Dash will receive an extra 10% of the altcoin when they buy up to 1 Dash, and an extra 5% for each Dash purchased above that amount (up to 5 Dash purchased).

“There are several reasons that we chose Dash to be the second cryptocurrency integrated into our platform, after Bitcoin. Dash boasts low network fees and fast transactions, two features that users look for in a cryptocurrency,” said Payza CEO, Firoz Patel. “Dash also has a vibrant and active community, especially in the developing world, which appeals to us as a company that also focuses on empowering underbanked populations. Finally, Dash is user-friendly and has a roadmap in place to further improve usability.”

The new Dash services and promotion is made possible by Payza’s partnership with BlockCypher, which specializes in blockchain solutions and features blockchain agnostic products. BlockCypher’s approach makes it easier for users to interact with several cryptocurrencies through one solution. “We are excited to see Payza integrate Dash so quickly using our web services and infrastructure,” said Karen Hsu, Head of Growth at BlockCypher. “Payza leads the digital payments market in providing customers with the choice to use Dash and digital currencies, which have become the fastest and most economical way of making cross-border payments for people around the world.”

“BlockCypher has a fantastic enterprise level solution for integrating Altcoins,” said Payza CTO, Ali Nizameddine. “With BlockCypher’s support, Payza looks forward to launching several exciting cryptocurrency products this year.”

Thanks to BlockCypher’s blockchain solutions, Payza is also preparing to launch similar services for Ethereum and Litecoin, among other cryptocurrency integrations.

For more information about Dash payments with Payza, visit https://blog.payza.eu/payza-updates/announcements/payza-introduces-full-dash-cryptocurrency-support/

About Payza

Payza is an award-winning online payment processor. The highly secure platform provides businesses around the world practical solutions for processing online payments and disbursing payouts and remittances, both in traditional currencies and Bitcoin. Payza supports 26 currencies and serves over 16 million members in more than 190 countries.

More information is available about Payza on its website (http://www.payza.eu), FacebookTwitterLinkedIn, and the company’s blog.

Payza Introduces Full Dash Cryptocurrency Support

Payza - Full Dash Support

Payza was the first e-wallet provider to allow members to use Bitcoin just like any other currency. Today, Payza is unveiling the ability to hold Dash right in your Payza account.

We’ve been overwhelmed by the positive response we received from our members about the new cryptocurrency features that we launched in 2017, so Payza’s team of developers has been hard at work preparing new and exciting features for 2018.

The popularity of cryptocurrencies is growing and Dash was a standout cryptocurrency in 2017, rising over 5000% in value over the course of the year. Its community is vibrant and active, making it an ideal choice for Payza to integrate into our online payment platform.

Payza adds full e-wallet support for Dash

Payza is proud to announce that Dash is now the second cryptocurrency that members can hold right in their Payza e-wallet, alongside Bitcoin and the 25 traditional currencies that Payza also supports. This means that you no longer need your own cryptocurrency wallet to hold your Dash coins.

With this latest update, Payza members can hold Dash in their accounts, send Dash to other members instantly, and exchange Dash for other currencies (including Bitcoin) entirely within their Payza account. When exchanging Dash for other currencies, the funds stay in your Payza e-wallet so there is no extra time for processing.

The Dash support also comes with very low fees: there are no fees when depositing Dash in your Payza account, the withdrawal fee is only 0.000005 Dash (miner’s fee), and the fee to receive Dash is a low 1.2% per transaction, which is lower than the standard Payza receiving fee of 2.9% + $0.30.

“There are several reasons that we chose Dash to be the second cryptocurrency integrated into our platform, after Bitcoin. Dash boasts low network fees and fast transactions, two features that users look for in a cryptocurrency,” said Firoz Patel, CEO. “Dash also has a vibrant and active community, especially in the developing world, which appeals to us as a company that also focuses on empowering underbanked populations. Finally, Dash is user-friendly and has a roadmap in place to further improve usability.”

To celebrate the launch, we are holding a promotion for a limited time: users who exchange fiat or Bitcoin into Dash will get an extra 10% of the altcoin when they buy up to 1 Dash, and an extra 5% for each Dash purchased above that amount (up to 5 Dash purchased).

New partner

The new Dash services and promotion is made possible thanks to our new partner BlockCypher. BlockCypher specializes in blockchain solutions and features blockchain agnostic products. BlockCypher’s approach makes it easier for users to interact with several cryptocurrencies through one solution.

“BlockCypher has a fantastic enterprise level solution for integrating Altcoins,” said Ali Nizameddine, Executive VP of Product and Technology. “With BlockCypher’s support, Payza looks forward to launching several exciting cryptocurrency products this year.”

More Payza cryptocurrency features to come

Stay tuned for even more cryptocurrency features to come! Thanks to BlockCypher’s blockchain solutions, we are already preparing to launch full support for Ethereum and Litecoin in the coming weeks, and we are exploring other cryptocurrency integrations as well.


To get all the latest cryptocurrency news and updates from Payza, be sure to subscribe to our blog and follow us on Twitter and Facebook.

 

New Deposit Option for Canada! Introducing Add Funds by Canada Post, Powered by Loadhub

Add funds by Canada Post & Loadhub

Payza has added another instant deposit option for our members in Canada: you can now add funds to your Payza account by Canada Post using the in-person payments system Loadhub. With a Loadhub code, you can go to any Canada Post outlet and instantly fund your Payza account using cash or Interac.

This new feature provides another instant deposit option for our Canadian members and offers a simple way to fund Payza accounts in person, using either cash or Interac. It is great for loading your Payza account to send money to friends and loved ones abroad, to make an online purchase, or to buy cryptocurrency.

How to Add Funds by Canada Post powered by Loadhub

Adding funds to your Payza e-wallet using Canada Post and Loadhub is easy. Simply print or email yourself a Loadhub code generated by Payza, then go to any Canada Post outlet to complete the deposit using either cash or Interac (credit cards are not accepted for this deposit option). You must also bring a valid ID with you when you visit the Canada Post outlet.

Here are the steps to follow:

  1. In your Payza account, click “Add Funds” in the top menu.
  2. Select “Canada Post powered by Loadhub.”
  3. A QR Code will be generated. Print out the code or email it to yourself.
  4. Take the QR code, a valid ID, and the deposit instructions to a Canada Post outlet to complete the deposit.

The Loadhub codes can be used repeatedly. You only need to print or save the code once, then you can use it over and over. You can choose the amount of funds to add to your Payza account once you complete the deposit at the Canada Post outlet.

This deposit option carries a $5 fee, with a minimum deposit limit of $10 and a maximum deposit limit of $500.

The Canada Post powered by Loadhub Deposit Option is the fourth specialty instant funding option available for Canadian Payza members, the other ones being:

For more information on our services in Canada, and for all other Payza news and updates, be sure to subscribe to the Payza blog and follow us on Facebook and Twitter as well.

Going Cashless – Countries Becoming Cashless Societies

Cashless Societies

Cashless payments are the future, at least according to many experts. More and more societies are moving towards becoming cashless, some embracing a cashless culture more than others. Since cash can be lost and because it’s annoying to carry large amounts, fewer people hold cash today or use it for day-to-day payments. Citizens of the world’s most cashless countries prefer other types of payment methods, such as cards or even mobile payments.

While some countries, such as Canada and Sweden, are already close to being fully cashless societies, others are still struggling with or are opposed to becoming cashless. This can be due to many factors, including low credit card usage, low internet penetration, low merchant adoption, or simply the convenience factor that cash provides. However, new financial technologies are becoming more ubiquitous, so the question is how long will cash survive?

In this post, we look at the top cashless societies in the world right now, as well as a developed country that still loves physical cash:

Top 3 Cashless Countries

Canada

Studies suggest that Canada is becoming a cashless society faster than any other country. The vast majority of payments in Canada are made by cashless methods, with contactless payments being widely accepted by Canadian merchants.

Canadians love credit cards and Canada shows a usage of over 2 credit cards per person. Visa states that more than 70% of personal purchases in Canada are made by credit card, giving Canada one of the highest card-based payments ratio in the world.

A survey conducted by the Bank of Canada in 2013 found that 44% of all transactions were done using cash, and that number decreased by 10% from 2009 to 2013. Moneris predicts that by 2030, only 10% of Canadian transactions will be made in cash.

Sweden

Sweden is the most cashless country in Europe with a steadily decreasing rate of cash transactions. Cash payments in stores totaled 40% in 2010 and went down to just 15% in 2016! According to a study by the Riksbank, Sweden’s central bank, two-thirds of Swedes feel that they can live without physical cash entirely.

A report from Roubini Thoughtlab quantified the benefits of moving from cash to digital payment methods in 100 cities all over the world. The study showed Stockholm as a “digital leader” – a city leading adoption of digital payments. Stockholm boasts highly developed banking and digital payment systems, high usage and high readiness of mobile devices and networks, as well as a population that is nearly fully banked.

The mobile payments system Swish is now highly popular in Sweden and in Stockholm, cash is no longer accepted as a payment method for public transportation. Many other businesses in Stockholm have also stopped accepting cash, such as the ABBA museum. The Riksbank is also investigating the possibility of issuing e-kronas, a digital complement to cash. This could help solve problems that might arise in the future as the use of cash is declining fast.

Interestingly, in 1661, Sweden became the first European country to print banknotes, and now it may become the first European country to rid themselves of physical cash altogether.

UK

The UK is another country leading the way in becoming a cashless society. A survey conducted by MoneySupermarket shows that UK citizens now make 20% more payments by card than by cash and the usage of alternative payment methods such as e-wallets is also growing. The latest research shows that 55% of all transactions are now made by cashless methods and 75% of those surveyed say they withdraw cash less often today than they did a year ago. 53% claim they would be happy if the UK became increasingly cashless and 36% use contactless or traditional card payments whenever possible.

New research from global law firm Paul Hastings shows that the value of non-cash payments in the UK will reach £1.44 trillion by 2026, a 26% increase from 2016. The study also forecasts that by 2026, 82% of all transactions in the UK will be cashless, an increase from 55% in 2016.

Research by GalaCasino.com has predicted that 2043 is the year when the UK may become completely cashless. Cash usage in the UK dropped from 71% in 2004 to 53% in 2014, and the research claims that the number of cash transactions in the UK could be at 0% by 2043.

Honorable Mention: India

Official statistics indicate an 80% increase in the value of digital transactions in 2017-18 in India. This very much has to do with the demonetisation that took place in India at the end of 2016. In India, cash is disappearing but card usage is still low, which means that merchants must offer other payment methods. This is where alternative payment methods come in, especially digital transactions. Digital payment companies have seen an increase in business since the government decided to promote cashless transactions after the demonetisation.

However, the move towards becoming a cashless society is slow. Even though the Indian government has worked hard to push digital payment methods, cash is still very popular among Indian citizens. But things can change quickly in India, as they did in China previously: five years ago cash was king in China, but today mobile payments are dominating. It is believed that India will experience a similar trend in the not too distant future.

According to the Global Payments Report published in November 2017, India is the fastest growing m-commerce market in the world. At the end of 2017, a study from Kantar TNS also revealed that mobile payments are on the rise in India. 35% of connected Indian consumers are using mobile payments and 33% would prefer to use their mobile phones as their only method of payment in the future. 23% also state that they now use mobile payments at least once a week.

Least Cashless Country: Germany

In Germany, cash still remains king. Germans tend to keep an average of €103 in physical cash on their person and many businesses in Germany, especially restaurants, still only accept cash. The German population are rather “old fashioned” when it comes to their payment preferences, although no one can seem to pinpoint why this is the case. According to research done by PYMNTS, Germany has a cash share of 20% as of 2016, which is higher than that of its neighbors.

History might be one of the reasons for the popularity of cash in Germany. The country faced repeated economic meltdowns in the 20th century, making its citizens wary of carrying debt. This could explain the low credit card usage in Germany and why cash is still the preferred payment method. In 2015, the level of card payments was at just 12% and is actually expected to fall to 8% by 2019! Also, only 25% of German shoppers use credit cards when they make an online purchase.

However, the younger population is opening up to the usage of alternative payment methods. Cash usage is still high but declined slightly from 2007 to 2016. By 2019, alternative payments are expected to dominate with a 92% transaction share.


With cash disappearing all around the world, other types of payment methods are filling the void. One alternative to using cash is using an e-wallet such as Payza. With an e-wallet, you can store your funds safely for payments and money transfers.

For more articles on the current state of payments, be sure to subscribe to the Payza blog and follow us on Facebook and Twitter for all the latest news from Payza.

Payza Wins E-commerce International Payment Processor Award from Stars of the Industry

Payza Press Release

Payza continues to gain international recognition, earning its third major award of 2017.

Mumbai, Maharashtra, India, December 4, 2017 – Payza was recognized as the best international payment processor at the 2017 Super Achievers Awards in Mumbai, India. The award is a third major win for Payza this year at international events, along with wins at the MPE Awards in Berlin, Germany, and the CNP Awards in Orlando, USA.

Payza is the first online payment platform in India capable of Inward, Outward, Domestic payments and Remittances with full support of exchanges. Payza members in India can instantly send and receive money, to and from over 190 countries worldwide. Members can use their desktops or mobile app to send & receive money using Payza’s easy and secure services.

Payza’s win at the 2017 Super Achievers Awards comes the same month as the company was nominated for Startup of the Year at the India FinTech Awards. The company was represented at both events by Payza India Director, Vineet Tewari.

“It is because of the contributions of every Payza India employee that we achieved this level of recognition. I am very proud of our team for all that we have accomplished,” said Vineet Tewari.

“Payza has many more exciting plans for India and the world, we hope to keep building on our success this year,” added Tewari. “Stay tuned for another brand-new product release: Outward Remittances. Absolutely hassle-free, seamless and completely online, a send money option across the Globe, available at one single click, one single platform, at the comfort of your home.”

 E-commerce - International Payment Processor Award

About Payza

Payza is an award-winning online payment processor. The highly secure platform provides businesses around the world practical solutions for processing online payments and disbursing payouts and remittances, both in traditional currencies and Bitcoin. Payza supports 26 currencies and serves over 14 million Business and Personal members in more than 190 countries.

Payza offers a wide range of built-in tools including: Online payment processing, online global money transfers, fraud screening, subscription billing, transaction dispute resolution, cryptocurrency exchange services, global payouts, and much more. Payza accounts can be managed through the desktop website or using the Payza App for Android and iOS.

More information is available about Payza on its website (http://www.payza.com), FacebookTwitterLinkedIn, and the company’s blog.

Payza Members Can Now Buy Altcoins Within Their Accounts

Payza Press Release

Verified Payza members can purchase over 30 altcoins using the money or Bitcoin in their Payza accounts.

LONDONDec. 4, 2017 – Payza, an award-winning payment processor, today announces the launch of its latest cryptocurrency service: Buy Altcoins. This new feature enables verified members to buy the most popular cryptocurrency alternatives to Bitcoin using funds in their Payza account, either fiat or Bitcoin.

The initiative follows the company’s June release of the Sell Altcoins feature that allows members to sell altcoins to Payza, such as Ethereum, Ripple, Litecoin, Dash, Monero and Zcash. Currently, Bitcoin and over 30 altcoins can now be bought or sold directly through Payza’s online platform.

The Buy Altcoins and Sell Altcoins services both feature simple interfaces and instructions to make the experience as comfortable as possible for cryptocurrency neophytes.

“We’re excited about the potential of this new technology and want to share our excitement with as many people in as many places as possible by providing a service that’s easy to use even for those just getting started with cryptocurrencies,” said Firoz Patel, Payza’s CEO. “That doesn’t mean our services are just for beginners, I think that dedicated cryptocurrency enthusiasts will also appreciate our range of services, unique model, and competitive pricing.”

While verified Payza members are presently able to hold Bitcoin in their e-wallets, they will need their own external wallet to hold any altcoins bought through Payza. The company is already developing the next cryptocurrency feature that will enable members to hold altcoins (the first of which will be Dash) within their Payza e-wallets as well.

To learn more about Payza’s Buy Altcoins service, including steps, fees and processing times, visit: https://blog.payza.com/payza-updates/announcements/buy-altcoins-payza-introducing-altcoin-withdrawals/

To learn more about Payza’s other cryptocurrency services available to verified members, visit:

Exchange Ethereum, Ripple, Litecoin and More: Sell Altcoins to Payza
How to Use Payza’s New Bitcoin Features
Payza Now Lets You Accept Payments with Bitcoin

About Payza

Payza is an award-winning online payment processor. The highly secure platform provides businesses around the world practical solutions for processing online payments and disbursing payouts and remittances, both in traditional currencies and Bitcoin. Payza supports 26 currencies and serves over 14 million Business and Personal members in more than 190 countries.

Payza offers a wide range of built-in tools including: Online payment processing, online global money transfers, fraud screening, subscription billing, transaction dispute resolution, cryptocurrency exchange services, global payouts, and much more. Payza accounts can be managed through the desktop website or using the Payza App for Android and iOS.

More information is available about Payza on its website (http://www.payza.com), FacebookTwitterLinkedIn, and the company’s blog.

Buy Altcoins with Payza: Introducing Altcoin Withdrawals

Altcoin Withdrawals with Payza

Payza and cryptocurrencies have had an exciting ride together. Earlier this year, we unveiled new Bitcoin options including full Bitcoin e-wallet support, allowing you to send, receive and hold Bitcoins with Payza. We also introduced our first altcoin feature that allowed you to sell altcoins to Payza. Today we are excited to announce the next step on our journey by introducing our newest feature: Altcoin Withdrawals.

In June, we announced that members in most countries can sell dozens of altcoins to Payza, such as Ethereum, Ripple, Litecoin, Dash, Zcash, and many more. Now we are taking this one step further – you can now also buy altcoins with Payza, which completes the altcoin exchange. Dozens of different altcoins can be exchanged with Payza. Find the full list under the altcoin deposit option within your Payza Account.

This new option lets you use your Payza account as an intermediary when you want to exchange one altcoin for another. In this first release, you will still need to convert to USD when selling altcoins, but our team is already working on options that will allow you to convert directly from one cryptocurrency to another!

While Payza members are already able to hold Bitcoin in their e-wallet, you will need your own external wallet to hold your altcoins purchased through Payza. However, we are developing products to allow you to hold altcoins within your account. Our team of developers is already working on an option that will allow Payza members to hold the popular altcoin Dash within their Payza e-wallets.

Payza’s goal is to provide our members with a simple and affordable way to interact with cryptocurrencies. We’re excited about the potential of this new technology and want to share our excitement with as many people in as many places as possible, by providing a service that’s easy to use for people who are just getting started with cryptocurrencies. That doesn’t that mean our services are just for beginners though, experienced cryptocurrency enthusiasts will also appreciate our range of services and competitive pricing.

If you’re ready to buy altcoins with Payza, here are the instructions to help you get started:

Using Payza to Buy Altcoins

First of all, you must have a verified account to buy altcoins using Payza. If your account is not yet verified, this Reference Center article can help: Personal Verification.

How to buy altcoins with Payza

  1. In your Payza account, click “Withdraw Funds” in the top menu.
  2. Select “Altcoin”.
  3. Select the currency balance to withdraw from, and select the altcoin you’d like to buy.
  4. Enter the amount to withdraw and the Altcoin Wallet address in the appropriate fields.
  5. Click “Next”.
  6. Enter your Transaction PIN, review the transaction details, and click “Withdraw”.

Note: Because of the irreversible nature of cryptocurrency transactions, it is very important to ensure that you have entered the correct wallet address. It may not be possible to recover altcoins sent to an incorrect wallet address.

If you enter an invalid address, our system will detect it and an error message will appear.

There is no extra fee to make an altcoin withdrawal. The exchange rate we show is an estimate and the final price will be settled once the withdrawal is completed. These withdrawals may take up to 3 business days to process, but in many cases, they will be completed in less than an hour.

Note that you cannot buy altcoins with funds added directly to your Payza account by credit card, as this would equal a cash advance which is against Payza’s User Agreement.

Here is the current list of altcoins available to buy and sell using Payza:

*This list has been updated on February 20, 2018.

Altcoins Available for Payza Exchange

Bitcoin Cash Ethereum Ripple
Dash Litecoin Zcash
Bitcoin Gold Gulden Stratis
Bytecoin Lisk Synereo
DigiByte NAVCoin Syscoin
Dogecoin Nxt Tether USD (NEW)
Ethereum Classic PotCoin Verge
Expanse (NEW) Steem (NEW) Viberate (NEW)
GameCredits Stellar (XLM) Waves


As the popularity of cryptocurrencies grows, so are Payza’s cryptocurrency features and services. At Payza, we are committed to giving our members a complete online payments solution, which means incorporating Bitcoin and other popular cryptocurrencies into our platform.

By providing our members with a way to not only sell but also buy altcoins with Payza, we’ve taken one more step in the direction of complete Bitcoin and altcoin support within the Payza platform.

Here are the other cryptocurrency services and features already offered by Payza:

For all the latest Payza news and updates, be sure to subscribe to the Payza blog and follow us on Facebook and Twitter as well.

The Crypt’ o’ Currencies – Dead and (Potentially) Dying Altcoins

Dead Cryptocurrencies

The cryptocurrency universe (often dubbed the “cryptosphere”) is a fascinating new ecosystem that holds many promises for investors, tech enthusiasts, entrepreneurs and many others. Since the inception of Bitcoin, it has slowly gained attention from the media, gathered early adopters, and attracted significant capital from all over the world.

Today, new projects are gathering the attention of banks, governments, and venture capitalists. While this extraordinary growth has some communities very excited for the development of decentralized currencies, smart contracts and even an upgraded web experience, others see the cryptosphere as bloated and they think that the bubble will burst eventually.

Looking back, since the beginning of Bitcoin alternatives (or altcoins) many have already failed or are at risk of failure in the near future. Vitalik Buterin, Ethereum’s founder and chief scientist, predicts that 90% of token startups will fail, a number that isn’t very far from the rate at which firms tend to fail in other industries. This grim message comes after a string of negative remarks on Bitcoin by people all over the world, including Jamie Dimon, Warren Buffett and Jordan Belfort. Bitcoin’s price has kept increasing steadily, but these dire warnings have prompted the creation of satirical Bitcoin Obituaries.

Even with a growing cryptocurrency market cap, list of projects, and number communities forming around digital currencies, the cryptosphere have already seen its fair share of victims. For Halloween, we’re taking a look at prominent coins that have either already been discontinued or are expected to by experts and members of the crypto community. Each coin is assigned a score from 1 to 5 (in spooky pumpkins), based on their potential to separate you from your funds. These are our picks for 2017’s dead coins:

Feathercoin (FTC)

A currency based on NeoScrypt, Feathercoin soared over $1 in late 2013, but is now hovering around the $0.05 mark. Without any news hinting at adoption, significant use cases or clear value proposition, the coin has been stagnating. With a few bumps in price since its surge and subsequent price, a very small community and little coverage, FTC is rated 3/5 spooky pumpkins.

Bitconnect (BCC)

Widely suspected within the cryptocurrency community to be a pyramid scheme, Bitconnect’s model relies on users ‘lending’ Bitcoin on the Bitconnect platform, which are then used by a trading bot. The proceeds from these trades are then redistributed to the community. On top of too-good-to-be-true guaranteed returns, the site offers a generous referral program that encourages a growing user-base and relies on influencers heavily promoting the business through platforms like YouTube. Bitconnect is a top-10 cryptocoin in terms of market capitalization, but because of the project’s lack of transparency, the unknown identity of founders, shady business model and inflated trading volume (95% of all Bitconnect trades are completed on Bitconnect’s own exchange), BCC is rated a full 5/5 spooky pumpkins!

Nyancoin

One of the first coins, along with Dogecoin and other meme-based altcoins, Nyancoin was not meant to solve any current problems or even be considered a serious token. This coin was based on the Nyan Cat meme, the animated cat stuck in a pop-tart riding through space that seduced the internet in 2011. It has since then been discontinued and, while some users may still hold the coin on their own machine, it is a relic. Because of its harmless nature, we rate Nyancoin 1/5 spooky pumpkins.

Monaco (MCO)

A coin that gained some fame based on rumors of a deal with Visa that never happened, and it has been on the decline ever since. With competitors like TenX, Metal and Bitpay, Monaco’s time has already passed as far as many crypto enthusiasts are concerned. In addition to this resistance, users who backed the project by ordering a Monaco card are still wondering when it will be sent. Monaco is rated at 4/5 spooky pumpkins.

Blockshares

Not to be confused with Bitshares, Blockshares was a first attempt by the developers of the B&C exchange to create a coin. It has since been discontinued and spawned NuBits, a cryptocurrency with a market cap under 1 million USD. While the team of developers and community is still active, the original coin, Blockshares, is very much dead. This is a different approach than the more popular practice of re-branding current technology to better reflect its value. We rate Blockshares, as it has already been discontinued, at 1/5 spooky pumpkins.

1/5 Spooky Pumpkins


As with any investment, it is important to be critical and conduct extensive research before investing in any project, cryptocurrency or not. This article is not intended as investment advice, but we believe that they may be of interest to you if you are passionate (just like we are) about the ‘Cryptosphere.’

For the latest updates and industry insights about Bitcoin and cryptocurrencies, be sure to subscribe to our blog and follow us on Facebook and Twitter.

Payza Launches Global ISO Reward Program for Online Businesses

Payza Press Release

Independent sales representatives and organizations in over 190 countries can now earn lucrative commissions by promoting Payza’s services to online businesses.

LONDONOct. 19, 2017 – Payza, an award-winning payments technology company, is proud to announce the launch of its Global ISO Program to allow independent sales representatives and organizations in over 190 countries earn lucrative commissions by promoting Payza’s services to online businesses.

With this new program, Independent Sales Organizations can generate funds and promote Payza’s add-on services to a merchant’s existing payment options. The company is one of the few online payment options available for businesses and freelancers in regions such as BangladeshIndiaPakistanNepal, and many other developing and emerging markets.

“We have so much more to offer than just credit card processing, Payza is a great all-in-one online payment solution or a fantastic add-on to a merchant’s existing payment options,” said Firoz Patel, Payza’s CEO. “This program will mutually benefit Payza ISOs who will work towards getting more merchants that accept Payza e-wallet payments, giving members more options with their Payza funds.”

Last year, Payza saw impressive year-over-year growth in many markets around the world. New merchant signups in 2016 grew by over 300% in Turkey compared to 2015, by over 150% in Brazil, over 125% in the UK, over 100% in Nigeria, and over 75% in both Bangladesh and South Africa. In total, new merchant signups in 2016 grew by approximately 50% compared with 2015.

“Our foundational partnerships around the globe have opened up opportunities for brick-and-mortar merchants to springboard into modern day global e-commerce,” said Patel. “In India, for instance, the option to make online transactions in Rupees and foreign currencies through Payza has had a great impact on online businesses. We designed this ISO program to help build global awareness about our unique merchant services.”

Becoming a Payza ISO is simple. For details on how to get started, contact Payza’s Business Development Team by sending an email to [email protected]. All interested candidates must complete an NDA (non-disclosure agreement) and an ISO Agreement.

About Payza

Payza is an award-winning payments technology company. The highly secure platform provides businesses and consumers around the world with practical solutions for processing online payments. Payza supports 26 currencies and serves over 14 million members in more than 190 countries.

Payza serves traditional and emerging markets, providing a wide range of built-in tools including: Online payment processing, online global money transfers, fraud screening, subscription billing, transaction dispute resolution, cryptocurrency exchange services, and global payouts.

More information is available about Payza on its website (http://www.payza.com), FacebookTwitterLinkedIn, and the company’s blog.