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FasaPay basically acts as a payment intermediary between banks and online merchants, particularly popular in Indonesia. It is an electronic payment system, which allows you to pay over the internet with high transaction speed and high degree of safety – all information about the transfers is encrypted, all account data is protected by the Hardware RAID technology and all personal information is stored on separate hard drives.
Transfer fees are fixed at 0,5% and there are no deposit fees.
With FasaPay you can transfer funds with other FasaPay members of between 0.1 USD and 1 million USD, depending on whether your account is just “Active” or it is “Verified”. If your account is just “Active”, you can transfer only up to 5000 USD.
You can also make a deposit at FasaPay of between 1000 USD and 5000 USD with a bank transfer, but the only currencies that are supported are the US dollar and the Indonesian Rupee.
A withdraw to bank accounts is limited to 75 000 USD.
FasaPay was founded in 2011 in Indonesia and is owned and operated by the Singapore based Fasa Centra Solutions Ltd. It is available through out 209 countries.
FasaPay has also an affiliation program, which will give you a percent on referrals’ transactions.
Forex broker Weltrade said on Monday it has started accepting deposits and making withdrawal payments in IDR via FasaPay e-payment system. Exchange