This is rather disappointing. I was a big fan of payza but 1.2 % for sending from payza to payza e-wallets is huge! Coinbase on the other hand offers free internal transactions. Are you planning to remove this in future? I moved to bitcoin from payza only because of transactions fee and you have disappointed me yet again.
The 1.2% fee is for sending Bitcoin to other Payza members, however, you can send Bitcoin from Payza to external Bitcoin Wallets for 0.001 BTC, with the miner fee taken from this amount. This is a flat fee, so when you send over .1 BTC this way, the fee is 1% or less.
That's what i said, services like coinbase and xapo allow their users to transfer freely with each other. That's why i am complaining. So if i wanted to send 0.1 btc from my payza ewallet to another payza member. I will be paying a fee for this, while i can transfer for free in coinbase to coinbase, plus they are insured. Are coins in your wallet insured?