How To Withdraw Money From Payza Account?

How to Receive & Withdraw Money

Payza is a Montreal-based company that was founded way back in 2014 and while it failed to gain as much popularity as other online payment services like PayPal, it has become a relatively popular method of sending remittance payments. Payza is similar to other online payment services and provides an option for a mobile application. It enables its users to deposit and withdraw funds using wire transfers, bank transfers, credit and prepaid cards, and bitcoin. To withdraw money from your Payza account, you have to add your bank details first before you can withdraw the money held in your e-wallet to any bank in any country.

First, you have to add your bank details to your Payza account before you can withdraw money from it. Click on the “Wallet” option on the left side of your screen. Select the “Bank Account” option and then click on the “Add a Bank Account” button. The following page will prompt you to add your bank details. Payza provides two options in the choice of currency. Either you can select your local currency or withdraw the amount in EUR or GBP. Choose local currency and then enter in the details as asked, your First and Last name, Account name, and the IFSC code. Click on “Next” and then verify the details that you have entered. Click on the “Add Bank Account” button and you will receive a message for having successfully added a bank account.

Adding the bank account will allow you to withdraw the balance that you have in your Payza account to your local bank account. For that, click on the “Withdraw Funds” button on the top of your screen. The next page will show various options for withdrawing your funds. Choose the option for bank transfer. That will show you the bank accounts that you have added to your Payza account. Select the one that you want your funds to be transferred in and fill in the rest of the details. Click on “Next”, verify the details, and confirm. The transaction takes about 3 to 4 working days to complete.