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Payza Names Nizameddine as Executive Vice President

Payments Industry Veteran to Innovate Product and Technology Development Strategies

MONTREAL, QC and LONDON, UNITED KINGDOM--(Marketwired - Sep 4, 2013) - Payza, a leading online payment platform, promoted Ali Nizameddine to executive vice president of the company. In his new role, Nizameddine will be responsible for the design and delivery of all Payza core offerings, including online payments, mobile applications, e-commerce and fraud prevention technologies.

"As chief technology officer, Ali's foresight enabled him to evaluate and innovate technologies that have propelled our platform into the global marketplace," explained Payza's Chief Executive Officer, Alastair Graham. "This innovation and prudence are what will drive our company's product development strategy to the next level of worldwide accessibility and universal excellence."

Previously, Nizameddine was responsible for all technology initiatives as CTO. As executive vice president of product and technology, he will continue in his role as CTO and assume responsibility of the lifecycle of the company's products, from inception to deployment, thereby providing Payza with a more holistic vision for its platform.

"Payza is committed to building great products," explained Nizameddine. "My focus is to align Payza's business strategy with its technical innovations to make it easy for users to interact with our platform. We are actively working to enhance our user experience in the next few months from remodeling some of core features to rejuvenating our sign-up and profile experiences."

About Payza
Payza is one of the world's leading online payment platforms specializing in e-commerce processing, corporate disbursements and remittances. Payza's highly secure e-wallet platform provides businesses and consumers with convenient and flexible solutions for sending and receiving payments worldwide. The company offers access to payment services in both traditional and emerging markets, as well as a host of tools and services including: fraud screening, dispute resolution, currency exchange, global payouts and disbursement services. With 10 million members, Payza offers its services around the world in 21 currencies, and is proud to provide its merchants around the globe with a complete solution for accepting payments and managing their businesses. More information is available about Payza on its website, www.payza.com, Facebook, Twitter and on the company's blog.