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- Over 125 providers
- Reload bonus available almost every day
- VIP cashback up to 15%
- Quick withdrawals
Payz, formerly known as ecoPayz, is an e-wallet that allows you to send and receive money in over 50 currencies across 180 countries. An e-wallet can be topped up via multiple options, including credit or debit cards and bank transfers. On this page, we discuss all the strong and weak sides of this payment method and list the top Payz online casinos for you to check out.
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When New Zealand players choose Payz as their payment option, they are required to log into their account and confirm the amount for the transaction. In terms of limits, the usual minimum deposits vary between NZ$10 and NZ$30, with withdrawals starting around the same rate and reaching the maximum single payout cap of NZ$5,000. Since Payz is an e-wallet, withdrawals are usually processed within 24 hours.
Globally popular payment service
Fast 24-hour withdrawals
Allows low deposits starting from NZ$10
Bankroll top-ups are added instantly
Applies a NZ$10 fee after 6 months of inactivity
Can’t use crypto to add funds to your e-wallet
The registration process requires a copy of your ID, a utility bill not older than three months, and your email address. Then, go to the Payz website and follow the instructions. There's even a website section dedicated to beginners if you need help.
Choosing an Payz casino is easy, but beware of fraudulent casinos and make sure you read some customer reviews. Watch out for the casinos that offer the most significant bonuses, as these can be very lucrative. Now you can make a deposit using Payz. Find this payment system option under the Deposit section in the Casino, verify your personal information and provide payment details.
If you've found a casino with all the features you need, congratulations; start by playing their free games; it will give you an idea of what to expect during real-money gameplay.
Withdrawals times depend on the amount you want to withdraw from the Casino using Payz. Expect long waiting times for payment if you withdraw large amounts of money. The payment process is very similar to depositing. The main difference is that both the Casino and Payz might ask for proof of identity before processing a withdrawal.
Indeed, the best online casinos will provide Payz as a banking option. Indeed, Payz has become a household name in providing a fast, secure, reliable, and easy-to-use electronic wallet for online gambling enthusiasts. Moreover, this payment option is available to players in different parts of the world; they can use it for deposits and withdrawals.
Payz started as ecoCards in 2000. PSI-Pay Ltd owns the e-wallet service. In 2009, the organization became MasterCard's principal member. In the same year, Payz launched its first mobile application catered to iPhone users.
In 2013, the company rose in popularity and expanded. As a result, the organization changed its name to Payz because it offered more than digital cards.
In the same year, Payz released mobile applications. Two years later, Payz launched its affiliate programme. Payz managed to obtain some accolades as it expanded. In 2014, they won the best-prepaid card design award and the FStech Awards. In 2019, they got shortlisted again by Global Gaming Awards and Payment Awards.
| 🔎 Type | Private |
| 🏭 Industry | Online payments |
| 📅 Founded | July 2013 |
| 🏠 Headquarters | Horsham, West Sussex, United Kingdom |
| 🗺️ Area served | Worldwide |
| 🤵 Key people (CEO) | Paul Templeman |
| 💳 Products | Online payment services |
| 💰 Revenue | $21 million: 2021 |
| 🧑🤝🧑 Number of employees | ~200 |
| 📌 Website | www.ecopayz.com |
Customers can make payments using any device to make purchases on the go. Of course, MasterCard users enjoy the benefits of quicker transactions since Payz is a member of the card service giant. But, these benefits extend to Visa cardholders as well.
The best part about using this payment method is that it includes many other payment options like ZestPay. Residents from Australia and New Zealand can process payments from POLi to Payz.
Fees locate according to the member's status. In most cases, prices depend on the member's country of residence and available payment options.
Registration is free, and all members' bank wire deposits range from zero to ten percent. Credit card and e-Voucher deposit fees are equal for all members, but the rest of the prices are according to status. VIP members enjoy a lesser commission percentage on a currency conversion, even on withdrawals to bank accounts and other e-wallet service providers.
In typical cases, deposits are instant, and withdrawals may be subject to the Casino's regulations. Usually, cashouts from Payz take up to one day to be processed. If your removal is enormous, you may wait longer than usual, by two more days. Transactions can occur at any time of the day.
Customer support is available on the company's website. There is also a live chat if the matter is urgent. There is also a Frequently-Asked-Questions section if you need assistance with other issues. The help section is easy to navigate through with a well-arranged interface.
The site also has a 'how-to' section for new users. The support staff is available on the clock, and contact details are easy to find on the website.
Payz launched its first mobile app in 2014. iPhone owners were the first to enjoy the benefits of mobile e-wallet services. Since then, the company has released a mobile application for other operating systems. The app is now available for Android and iOS users; it is free to download on Apple App Store or Google Play Store. The app is user-friendly and safe since it uses SSL/TLS protocols for secure encryption.
Payz has managed to gain the trust of many online gambling platforms and clients. It is due to its efficiency in handling transactions around the globe. In addition, the company continues to update its security system and ensure that there is no fraudulent activity taking place under its watch.
The prices are reasonable and worth the money. Moreover, the transactions are faster compared to most online payment methods. Not only that, but the services are also usable in most parts of the globe.
So, if you are looking for an e-wallet service that guarantees ease of use and safety, Payz is the payment method to trust.
Creating an Payz account is very simple. Even more, it is entirely free. Once the account is ready, account holders can send and receive money, including making deposits and withdrawing their winnings from online casinos. This comes at a bit of cost that varies depending on the nature of the transaction. For example, the transaction fee, speed, and limits for a classic account holder vary compared to a VIP. In the end, Payz has a good reputation and is a top choice in many top online casinos.
MiFinity this easy-to-use e-wallet boasts low transaction fees, so customers can play their favourite casino games without worrying about having to resort to expensive methods.
PayPal is an online service that allows both individuals and businesses the ability to purchase and sell goods through a verified and secure online site.
Bitcoin is an innovative payment network and a new kind of money.
Thanks to the advancement of digital banking, more online payment systems are starting to garner some attention.
This is a highly secure payment system as you do not ever need to enter details online. However, you can create an account if you are purchasing online.
Visa casinos are among the most trusted online casinos today. As a payment method, Visa is easy to use for online casino transactions.
Can I link my banking account to Payz?
Yes, it is possible to do so. All you need is to verify your debit or credit card details on Payz; it costs around 2 Euros to do so – and you're welcome to do foreign exchange. Verification will be an automatic process if 3D Secure recognises your card.
Is it possible to reverse transactions with Payz?
It is possible, but you should prepare to pay a reversal fee in doing so. Also, Payz will require all the information about the transaction, i.e., supporting documents. Therefore, expect to wait a little longer if your country of residence or local currency is not within the EEA.
What if I don't have a Mastercard?
You can still use Payz to transfer money. But, first, open an Payz account and produce all necessary details.