Payza is an e-commerce business that allows payments to be made through the internet between users who have registered for the service (Payza members). For personal users, it is method for transferring money internationally and a platform for the purchase of goods and services online. For merchants, Payza is an online business management tool which they can use to process payments, issue invoices and make payouts.
Payza is a U.S. licensed money transmitter agent with offices in London, New York City, Montreal, Mumbai, Dhaka, Moscow, and Solna.
In May 2012, MH Pillars Ltd, a UK-based advanced payments consultancy, acquired the strategic assets of AlertPay (Alert Services Inc., CANADA) and launched the Payza.com platform. In July 2012, the company announced that Alastair Graham would become the new Chief Executive Officer for Payza, a new position for the company.