Payza Launches ACH Deposits and Withdrawals in U.S.

Payza now supports automated clearing house deposits and withdrawals for users with U.S. bank accounts.

The London-based payment processor's new services are currently the lowest-cost deposit and withdrawal methods available to its members, Payza said in a Dec. 19 press release.

Payza has launched several products this year, including a 15-minute account opening process for businesses, an eGift product for customers in the U.S., and new features to its eWallet for credit cards and top-up payments.  

"This has been a tremendous year of growth for Payza," Ali Nizameddine, executive vice president of product and technology at Payza, said in the release. "We are listening to members that use our platform for both personal use and for business, and then developing the features and products that make their online experience the best in the industry."

During a promotional period, Payza will waive fees for all bank transfer deposits over $200, the company said in the release.