News from the Wire

Payza unveils checkout option for non-members

Wednesday, August 20, 2014 — 10:26:44 (EDT)

Montreal, New York, and London, August 20, 2014 - Payza, a global leader in online payment processing, has released a new checkout feature that gives its merchants a streamlined option to receive payments from non-members.

As with most online wallet and online payment processing services, Payza merchants were previously only able to accept payments from current Payza members. With the new checkout option, non-members can now sign up and pay by credit card without ever leaving the merchant website.

"With this new checkout option enabled, Payza merchants can instantly accept payments from anyone with a Visa credit or debit card in the more than 190 countries that Payza serves," said Ali Nizameddine, EVP Product and Technology. "One of our main focuses this year has been finding ways to refine Payza's checkout process to make it faster and easier to complete, with the ultimate goal of increasing conversions for our merchants. This new checkout option for non-members is another step in that direction."

Nizameddine noted that Payza first redesigned its checkout page in August of last year. The project opened up a larger conversation within the company as to how Payza could improve the checkout flow to help merchants convert more customers. "We had improved the look and feel of the checkout process last year, but that was just the beginning of our journey."

Recently, Payza unveiled other checkout features to further improve the experience for customers. "We released a Balance Top-Up option in June to give customers a way to load their accounts and complete their purchases in one simple step. In July, we launched In-Page Checkout, which opens the Payza checkout module inside a merchant's website. At the same time we incorporated responsive design to the checkout page for better usability on tablets and smartphones," Nizameddine added. "With today's release, we're giving non-members access to the Payza network of merchants and we're giving our merchants a way to instantly process payments from almost anyone around the world."

The new checkout option is available immediately for all merchants that use Payza to process online payments.

About Payza Payza is a leading online payments technology platform used by licensed entities around the world. Payza's highly secure platform provides businesses and consumers with convenient and flexible solutions for sending and receiving payments worldwide. The company offers access to payment services in both traditional and emerging markets, as well as a host of tools and services including: fraud screening, dispute resolution, currency exchange, global payouts and disbursement services. With millions of members, Payza offers its services around the world in 21 currencies, and is proud to provide its merchants around the globe with a complete solution for accepting payments and managing their businesses. More information is available about Payza on its website, www.payza.com , Facebook, Twitter and the company's blog.

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Source: Company press release.