Payza AlertPayDamaras Limited, reg. 8029472MH Pillars Ltd. reg. 6243643MCCUDDEN-HUGHES LIMITEDPAYZA.COM LIMITED 08822957 Continuously requests more documentation after verifying in order to withhold access to funds Nationwide
Do not deal with this company, or any other company that Mr Patel (and family) opens. His true address is in Montreal Quebec however him and his co-horts use forwarding addresses in London, Russia, and USA (that I am aware of).
I have had an account since 2012, which went through their painful "verification" process, which they request an enormous amount of documentation. The reason for submitting the documentation is that I could deposit money into the account, but I could not use it in spite of their claims https://web.archive.org/web/20150402061944/https://www.payza.com/legal (Archived current revision April 2, 2015), which still states that an Unverified business may use up to $100 of their funds.
After further inspection using https://www.companiesintheuk.co.uk/ltd/payzacom-1 , it shows Mr Patel has recently incorporated yet again, and has the enormous capitol of $2 USD. The parent company MH Pillars Inc https://www.companiesintheuk.co.uk/ltd/mh-pillars , has the amazing high-roller of approximately £11,000 in assets.
Following is a list of several companies under which Mr Patel (and family) are Directors (whether dissolved or not):
The above list is by no means comprehensive, however it shows a pattern of instability and an attempt to separate himself from the fiduciary responsibilities that come with running an online system to accept, and most important to the members, dispurse the funds as the owners of those funds wish (bank accounts, or other online purchases).
This company under ANY name has done nothing but use dodgy tactics to skip the part of letting the owners of the money transacted use their funds.
In a recent conversation (logged), when asking about why account verification was required to use funds when it clearly stated in the user agreement that my business account - even if unverified - could use up to $100, i was met with a VERY lengthy pause, and then a response "we didn't update the legal document" (paraphrased), which the legal document has apparently never been updated, nor has any notice ever been sent out regarding any such changes that impact users accounts significantly.
In addition to this, my previously verified business account, somehow lost it's verified status and the support staff were incessantly requesting resubmission.
This business is a really crooked and fraudulent operation with a single intention to have consumers deposit money, never to be seen again. ( http://www.worldlawdirect.com/forum/money-frauds-scams/71014-alertpay-payza-scam-fraud.html )
Do not give them any information, and just as important, do not deposit any money. Mr Patel and family do not have the funds to cover everyones account, which shows suspect of a very large money laundering scheme.