zashpay zash questionnable business practice. Against privacy act. Asks confidential identification to transmit money. Internet

The original author is right, the terms and conditions are unreasonable IMO. Read their terms and conditions posted on the website. The best solution is to stay away from them...a sample of one of the terms to which you agree when you use the service is below:

 "...As a Sender, you agree that you will not hold CheckFreePay liable for any damages resulting from a Receiver's decision to accept or not to accept a payment made through the ZashPay Services. We will, to the extent permitted by law, make reasonable attempts to return any unclaimed, refused, refunded, prohibited, or denied payment to the Sender's Transaction Account. If this is unsuccessful (for example, the Transaction Account has been closed) we will make reasonable attempts to mail you a paper check. If after sixty (60) days that check has not been cashed, we will stop payment on it and transfer funds to an "unclaimed funds" account, and .will subsequently handle the unclaimed funds as required or otherwise permitted by applicable law. "

Vote with your wallet. The best way to show a company you are not satisfied with their terms and conditions is to walk away from it and take your dollars somewhere else. 

 ZashPay is a legitimate payment service powered by CheckFreePay, a wholly owned subsidiary of Fiserv, a company that powers online banking and bill pay for thousands of institutions and millions of consumers nationwide. Fiserv has more than 25 years of experience in handling online payments for most of the country’s top banks, brokerages, and credit unions.

ZashPay.com is verified by GeoTrust for its privacy and security standards and we comply with all regulations in regard to the collection and use of personal information. We leverage industry-leading technology to process payments and protect your information and money against compromise, and we monitor all of our payment systems around the clock and proactively identify potential fraud and suspicious activity.

Based on customer feedback, Fiserv is currently in the process of removing the requirement to input a social security number in order to receive money through ZashPay. However, in complying with applicable federal, state and local laws and regulations, such as the USA PATRIOT act, Fiserv is required to gather specific, personally identifiable information about users of the ZashPay service, and must continue to do so. We assure you that this information is handled with the utmost care.

For more information on the ZashPay service visit www.zashpay.fiserv.com.