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Ozan is a new digital platform that enables users to send and receive money online, exchange currencies, or pay for goods or services using a computer or mobile device. What sets Ozan apart from modern e-wallets and other payment providers is the option to store all your financial details in one place — an easy-to-access application.
In short, you’ll be able to monitor your funds at all times and move them around as you please in a completely safe and hassle-free way using only your mobile phone number. Due to all these features, it is no surprise that Ozan is a promising payment provider with a constantly increasing fan base worldwide.
Speed and Safety of Ozan
Once you start using Ozan, you can forget about transactions that take days to complete. You’ll have to set aside a few minutes to create an account and attach it to your preferred payment method. After you finish with all that and verify your account, you will be able to complete payments almost instantly.
With this app, you can send and receive money in just a few steps, and the best part is that you won’t have to provide your financial information every time you want to use Ozan.
Aside from helping you complete financial transactions much faster than before, Ozan will also make sure that they are entirely safe at all times. To make this happen, you’ll first have to verify your personal and financial details by uploading certain documents.
The Financial Conduct Authority and PCI-DSS Level 1 compliant systems are your guarantees that Ozan follows the latest standards regarding the safety and security of customers and their financial details.
How Does Ozan Work?
Ozan is a modern payment method that operates on the principle of a digital wallet. In other words, it behaves like an intermediary between your card or bank account and any third party. At the moment, there are two options you can use to top up your Ozan account, but the provider plans on adding more in the future.
You can use Ozan to send and receive money, pay for goods and services, and even exchange your currencies. Whatever transaction you want to complete with Ozan, you’ll be able to do it in 32 countries in Europe. You can use the service on your desktop computer or laptop, as well as on your mobile phone via standalone iOS or Android apps.
How to Open an Ozan Account?
Setting up your Ozan account is like a walk in the park. You should visit the Ozan homepage and hit the green Sign Up button or download the Ozan mobile app from your respective app store.
At the start of the sign-up process, you need to create and confirm your desired Ozan password and provide answers to two security questions. Then, you’ll have to produce some personal information, including your mobile number. All the data must be valid and accurate, as Ozan will verify it before you can use the payment service.
After you finish the registration and log into your account, find the Wallet areaand click the +Add button that will immediately open a drop-down menu. There you’ll find the options to add a bank account or a card and see the Load button in the upper right corner of the screen.
Clicking this button will let you enter your desired amount. Choose the source, enter your CVC code, and transfer money to your Ozan account. The moment you connect your preferred payment method with Ozan, you’ll be able to use the services of this payment provider.
Ozan Security Systems
Ozan Limited, better known as Ozan, is a company from England authorised by the Financial Conduct Authority in the UK under the Electronic Money Regulations 2011 (FRN 900482) for the issuance of electronic money.
In terms of security, all your Ozan transactions are protected by the latest encryption systems that keep your information away from prying eyes. No matter what you’re paying for, Ozan won’t share any of your personal information with merchants or people you send money to.
On top of that, the company constantly monitors your account’s activity to spot and take care of fraud. Ozan’s systems are PCI-DSS Level 1 compliant, meaning that this payment provider meets the highest security standards and leaves nothing to chance.
What Data Does Ozan Collect?
To open an Ozan account, each user must provide personal information, including their
full name, date of birth, email address, phone number, address details, password, and answers to your chosen security questions. In addition, if the provider asks for it, you’ll have to provide a photo as well.
To start making payments with Ozan, you’ll have to give the company some financial details such as:
- a card number, expiry date and CVC of each credit or debit card attached to your Ozan account;
- your bank account number, sort code, Swift code, or IBAN.
Ozan will also collect any information you voluntarily provide by participating in surveys, competitions, or promotions, together with the information you share with the provider through any means of communication. Finally, Ozan will collect technical details such as your IP address, location, operating system and other technicalities.
Doing Business With Ozan
Ozan may not be as popular as other similar payment providers. However, considering its modern characteristics, Ozan will most likely find its way to many users worldwide.
For a start, Ozan is available on any device such as PCs, laptops, and mobile devices. The best part is that the provider already has a native mobile app to help you complete transactions much faster without visiting the Ozan homepage and entering your details every time.
Moreover, apart from sending and receiving money, you’ll also be able to purchase goods and services online, have your funds stored in different currencies, and even convert them on the spot. Transactions are almost instant and fee-free, making Ozan even more suitable for any business transactions you may need to complete.