Payz (ecoPayz) Casinos – Europe, 2023

Are you feeling confused while searching for online casinos that accept ecoPayz? You’re not alone. The brand, originally known as EcoCard, then ecoPayz, has recently undergone another transformative rebranding to ‘Payz’. So, rest assured, the new name ‘Payz’ is simply an evolution of the trusted ecoPayz payment method you’re familiar with.

Top-Rated EU Online Casinos for Payz Users

In Short About Payz

Initially launched in 2000 as ecoCard, this digital payment platform has undergone a significant transformation. It rebranded in May 2023 to become Payz – a prominent figure in the global online transaction landscape, comparable to industry giants such as PayPal and Skrill. Payz’s transition has been smooth, with its reputation as a reliable online e-wallet remaining intact and strengthening.

Here is a detailed timeline and explanation:

• EcoCard (2000-2013)

  The original platform was created in 2000. As one of the world’s earliest e-wallets, it provided innovative payment solutions for customers and businesses worldwide. The system allowed safe, instant, and convenient payment services, a significant innovation for the time.

• ecoPayz (~2013-2023)

  As the company’s product suite grew and evolved, it found the need for a rebranding to better represent its wide range of services. The new group brand, ecoPayz, was established. EcoPayz enabled the company to differentiate its various solutions and brands, which had garnered a robust reputation over a decade of operation. The new brand name also signaled a shift from a purely card-based solution (EcoCard) to a more diverse set of virtual payment mechanisms.

With the rebranding, two new brands were introduced to the suite: ecoPayz Merchant Account and ecoPayz Business Account. These aimed to cater to different segments of the market, with the Merchant Account offering retailers a global payment receiving/sending platform and the Business Account providing employers a cost-effective solution to pay staff across multiple countries and currencies.

• Payz (2023 onwards)

  The company underwent another rebranding in 2023, choosing the succinct and modern name, ‘Payz’. The goal was to future-proof its business and payment products, making it clear that they offer direct, transparent, and customer-friendly services. The change was also a response to the evolving needs of customers and the dramatic transformations in international payment methods.

Apart from the company name, logo, and website, the operations remain the same. They continue to provide payment services in over 50 currencies and allow the use of Payz Mastercards and virtual cards. Payz also hints at the launch of new products in the future.

The name change has no effect on users’ accounts, which maintain the same login details but are accessed via their new website, payz.com.

Using Payz at Online Casinos

Several of the top-tier online casinos accepting Payz are located across Europe, each offering this trusted payment method. Their preference for Payz is due to its popularity among players, quick transfers and robust security features.

Whether you’re in search of live dealer games such as roulette or blackjack, or you’re keen to play online slots for real money, there’s a strong likelihood you’ll find a European online casino that provides Payz as a payment option.

The use of Payz, just like Skrill or PayPal, ensures a convenient and secure process for depositing and withdrawing funds. However, the first step is to register an account. 

• Create a Payz Account

  To start, visit the Payz website (payz.com) or download the Payz app, available on both the App Store and Google Play, and sign up for an account. It’s free and a straightforward process. It involves entering your personal information, setting an account password using a combination of letters, numbers, or symbols and verifying your email.

• Fund Your Payz Account

  Now that you have an account, it’s time to fill it with funds. Whether it’s a bank transfer, a credit card, a debit card, or a local deposit option, pick what suits you best.

• Pick a Payz Casino

  The next step is the fun part – choosing an online casino to play at! Navigate to this list of top-rated sites for fast payouts, good-quality bonuses, and a great selection of slots and live casino table games (roulette, blackjack, etc).

• Make Your Deposit

  After you’ve logged into your casino account, head over to the ‘Banking’ page. Select Payz as your payment method of choice. Note: some casinos may still list Payz under the name ‘ecoPayz’.

• Enter the Deposit Amount

  Now, decide how much you’d like to deposit. The minimum deposit required to play at online casinos that accept Payz is typically 10, 15, or 20 EUR.

Remember, these steps are a general guide. Specifics may vary based on the online casino and your country.

Withdrawals from Casinos Using Payz

• Locate Payz for Withdrawal

  Find Payz among the list of withdrawal methods. At most online casinos in Europe that accept it, Payz is usually located next to Neosurf or other e-wallet options.

• Specify Withdrawal Amount

  Decide on the amount you wish to withdraw. Typically, the minimum amount is around €10, while the maximum is €4000 per transaction. Once you’ve entered the amount, confirm the transaction to begin the withdrawal process.

• Wait for the Withdrawal to Process

  Withdrawal processing times can vary. While many online casinos process Payz payouts within 12 hours, some exceptional like Winz Casino process all payouts in under an hour. Once the casino processes the withdrawal, your winnings will show up in your Payz account. You can then transfer these funds to your bank account.

Note: We can’t provide specific information about fees at Payz-accepting online casinos not listed on Onlinecasinoinfo.eu. However, we can confirm that all casinos featured on this page do not charge any fees for deposits or withdrawals made with Payz.

Payz Physical and Virtual Cards

Payz physical and virtual cards hold multiple currencies enhancing the convenience of online gaming. These cards are available to Payz account Silver level holders and above in the UK and most EU and EEA member states. With these cards by Payz, you can effortlessly manage up to eight account currencies, which is especially useful for those who frequently engage in international transactions.

This also means, as a casino player, you can easily switch between 8 different currency accounts, depending on the specific requirements of the online casinos you choose to play at.

Besides, Payz offers various account levels, from the Classic account to the limitless VIP account. Each level comes with its unique benefits, with the VIP account offering the most perks, such as lower fees and higher limits.

As you ascend these levels, you gain access to more features and benefits, allowing you to personalize your gaming experience with Payz as your online casino payment method.

Payz ecoVoucher for Secure Online Payments

In addition to its e-wallet and payment card services, Payz also offers ecoVoucher, a prepaid payment solution similar to Paysafecard’s ‘pay online with cash’ voucher. It’s perfect for those who don’t have a bank account or debit card for making online purchases.

You can buy an ecoVoucher from official resellers like Recharge.com or Baxity.com, and then simply enter your 18-digit ecoVoucher PIN to pay online at websites that accept ecoVoucher. It’s also accepted by many online casinos in Europe.

Payz’s Card Fees, Limits and Costs Explained

When diving into the use of Payz at online casinos and more broadly, it would be wise to understand the specifics associated with this payment method. Below, we’ve broken down the various costs, limits and fees when using Payz.

• Account Registration

  All Payz account types (Classic, Silver, Gold, Platinum, and VIP) are free to register. No upfront cost is required to open an account.

• Bank Wire Deposit

  This service covers electronic funds transfers, instant deposits, and both local and international bank deposits. The fee range is 0.00-10.00%. The fee percentage can vary based on your geographic location, banking partnerships, or transaction size.

• Bank Deposit to Virtual IBAN / Account

  From the Silver level onwards, there’s a flat fee of 0.50 EUR for each deposit to a Virtual IBAN or Account. This option is not available for Classic level users.

• Credit Card Deposit

  The fee for this service ranges from 1.69% to 6.00% of the deposit amount, plus an additional flat fee of 0.25 EUR. These fees apply to all account levels, but the exact rate could depend on regional factors and minimums may apply.

• ecoVoucher Deposit

  All account types are charged a 2.90% fee for ecoVoucher deposits. The exact fee might depend on regional factors and minimums.

• zestPay Deposit

  This service ranges from free up to a 2.00% fee, applicable to all account types. Specific fee details may vary based on regional options.

• Bank Transfer

  Fees for bank transfers vary, with additional charges possible from correspondent banks for international transfers. Gold and above levels are subjected to fees ranging from 5.90-10.00 EUR (Gold, Platinum) or 2.90-7.00 EUR (VIP), while Silver level doesn’t offer this service.

• Bank Transfer from Virtual IBAN / Account

  From Silver level and above, there’s a flat fee of 2.50 EUR for each transfer.

• zestPay Transfer

  For Silver to Platinum levels, a fee of 1.00% (with a minimum of 5.90 EUR) is applicable. For VIP level, it remains at 1.00% but with a reduced minimum of 2.90 EUR. Classic level users don’t have this service.

• Inter-accounts Transfer

  These are transfers between your own sub-accounts within Payz. There are no charges for this service starting from the Silver level.

• Transfer to Another Payz Account

  For Silver account holders, the fee is 1.50% (with a minimum of 0.50 EUR) per transfer. From the Gold level upwards, this service is free.

• Currency Conversion

  Currency conversions require a fee: 2.99% for Silver and Gold levels, 1.49% for Platinum, and 1.25% for VIP. This fee is added automatically whenever a currency conversion is needed to complete a transaction.

• Inactivity Fee

  If your account remains inactive, you’ll be charged 1.50 EUR per month regardless of your account type.

Payz’s Robust Security Measures

Payz goes the extra mile in ensuring its users can conduct transactions with absolute confidence. This commitment to security is evident in the platform’s multiple robust safety measures (see details below).

PCI and DSS Compliance

Payz’s commitment to securing your transactions is highlighted by its compliance with the Payment Card Industry (PCI) and Data Security Standards (DSS). These standards are designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment.

UK FCA Regulation

Furthermore, Payz is regulated under the UK Financial Conduct Authority (FCA) as an Authorised Electronic Money Institution (FRN: 900011) and is passported throughout the EU. This accreditation guarantees that Payz adheres to strict regulations with full transparency, providing users with peace of mind when conducting money transactions.

Advanced Security Features

Payz’s platform is equipped with the latest security and fraud solutions, offering users a safe environment for online transactions. Among these measures are the use of Secure Sockets Layer (SSL) protocol, which ensures the security of data transmitted over the internet, and Two-factor Authentication (2FA), which provides an extra layer of security to protect your account from unauthorized access.

Now, let’s wrap up with some final thoughts.

Conclusion and Final Thoughts

As we have covered throughout this guide, Payz has proven to be an innovative global payment solution, not only for online casino enthusiasts. Its journey from ecoPayz to the rebranded ‘Payz’ has been marked by significant advancements, including the introduction of user-friendly features and a dedication to robust security measures.

For online casino players, Payz offers an easy-to-use and flexible payment solution for managing your casino deposits and withdrawals. It supports 50 currencies and enables instant transfers at online casinos that accept Payz as one of their payment methods.

By choosing Payz, you are opting for seamless casino deposits and withdrawals, as well as peace of mind, thanks to the platform’s commitment to security and compliance with relevant industry standards.