Archive for July 16th, 2012

EDITORIAL: Is AlertPay (Payza) FINALLY Doing The Right Thing? Scam-Friendly Payment Processor That Is Darling Of Global Wink-Nod Fraudsters And Ponzi Forums Says It Is Banning Programs That Offer A Return — But Questions Remain

EDITORIAL: Is AlertPay (Payza) FINALLY Doing The Right Thing? Scam-Friendly Payment Processor That Is Darling Of Global Wink-Nod Fraudsters And Ponzi Forums Says It Is Banning Programs That Offer A Return -- But Questions Remain

EDITOR’S NOTE: Payza seems to have taken an important step Friday in the battle against online fraud. The payment-processing company perhaps deserves an accolade for that. But it’s too soon to heap praise on Payza. We are particularly concerned about the phrasing of a specific line in Payza’s altered User Agreement. More on that below […]