Payza Has Been Shut Down By The US Government

Relatively, Payza has processed more than $250 million of proceeds

The email I received from one of my sites this morning saying that Payza is already gone had made me bewildered. Although it’s been a while since I used the site to receive payment,  I am still greatly affected by the issue. It is because I know that many of our friends here are using this payment processor.

I immediately proceed to the site to check the status and saddened when I discovered that I could no longer access the site.

Payza is down
Payza is down for everyone

Alleged Reason for Payza Shut Down

Based on the news posted on US Immigration and Customs Enforcement (ICE) dated March 20, 2018, it was stated that Payza and 2 Canadian Brothers were accused of operating unlicensed money service business and money laundering. Allegedly, Payza has processed more than $250 million of proceeds from Ponzi schemes, child pornography rings, and other criminal enterprises.

The United States Department of Justice likewise released a news regarding this issue.  MH Pillars, Ltd., doing business as Payza, has been indicted by a federal grand jury in the District of Columbia. The charges alleging they operated an Internet-based unlicensed money service business that processed more than $250 million in transactions. Read the full text HERE.

What does it imply?

I am aware that many friends from several sites would be affected by this issue. Although we may not be directly affected since we are using PayPal as a payment processor, it would be a great deterrent factor for our brothers and sisters who are from countries which are not allowed for PayPal transactions.

Payza is one of the payment processors that most of my online friends are using. The reason for this was because their country is not covered by PayPal.

What Can We do?

The only thing that we can probably do is to look for an alternative like Payoneer, Solid Trust Pay, Perfect MoneyBitcoin and other payment processors which could be used in place of Payza.

Update: Bitlanders, a US company where I am a member, already suspended sending payment to Payza. All those members with current Payza request have been canceled and the funds were returned to their accounts. The site will be opening new payment method, cryptocurrency in the coming days.

A Temporary Solution?

With an aim to find a solution to this current issue, I continuously searched online and found a new link. I am not sure if this would be a permanent solution but when I tried to log in with my current login details, I was able to log in. although, I am not sure if I can transact on the site.

Here is the new link:  https://secure.payza.eu/

I will continuously update this post for new and relevant findings. Thank you for dropping by.

Here is a video explaining the details fo the lawsuit filed against Payza.

Video Credits: Lances Desk via YouTube

 

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Sharon Lopez

Hello everyone! I am glad that you were able to visit my site. I am Sharon S Lopez, a freelance writer, a blogger and a certified a call auditor. I hope that the contents of my site could provide you with the necessary information as you go about your online journey.

2 Replies to “Payza Has Been Shut Down By The US Government

  1. Hi Sharon,
    Thanks for your excellent post – well written and offers some type of solution to access payza.
    The other merchant accounts you list may be more reliable. Years ago, I had an account (think it was called alertpay before payza. It, too, was shut down. I lost my funds in my account. I hope you have not, as well as the other legitimate customers. The saga continues.

    1. Hi! Thank you for dropping by. I may not be affected that much because I only have a few amounts left on my balance with Payza and since I am from the Philippines, we often use PayPal to receive our monthly earnings. However, some of my friends from my current site, Bitlanders, are using Payza because they are not allowed to use PayPal for some reasons. As of now, the site already implemented a new payment option which is Bitcoin.

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