Ranking of the Best eSports Bookmakers with Payz

Payz is an online payment solution with a global clientele. Currently, the services are available in more than 170 different countries and support over 46 foreign currencies. The services are all prepaid, meaning that users need to deposit funds into their Payz accounts before making any payments using the service. That includes transferring money into an online betting account.

In addition to online payments, users can also get an Payz Mastercard. Payz's Mastercard can be used to make purchases in physical locations or make withdrawals from ATMs anywhere in the world. The card has advanced security features, some of which users can manage from their accounts.

Ranking of the Best eSports Bookmakers with Payz
About PayzHow to deposit with PayzHow to make a withdrawal with PayzPayz prosPayz consPayz account opening processPayz customer support options
Ethan Lim
Written byEthan LimWriter
Fact checked byTomas NovakFact Checker

About Payz

Payz is a popular online payment provider with hundreds of thousands of active users spread across the globe. A majority of online businesses also offer it as a payment method option to capitalize on its popularity.

History of Payz

Payz was founded back in 2000 under the name EcoCard. Then company was renamed to Payz. Over the years, Payz continued to provide and improve its services. In 2009, PSI-Pay, the UK-based company that owns Payz, became a principal member of Mastercard Company and began issuing cards. The same year also saw the release of their iPhone app.

In 2013, after the company rebranded to Payz, it launched the site's mobile version. In 2016, it introduced extra security features to the website, including the 2-step verification process. All those came with a new ecoAccount design.

Payment options

Users need to deposit funds into their Payz accounts before they can make any transactions from the account. There are several ways of making deposits. The most popular options involve using credit cards, debit cards, direct bank transfers, and local deposit options.

Users can then make payments from their accounts directly to the recipients' accounts, including online businesses. The payments can also be initiated by the business, prompting the users only to do confirmations. That is usually the case with online bookies, where the punter's betting account initiates the transactions. Another way of paying is using the Payz Mastercard. For that, users need to find outlets that accept the card.

How to deposit with Payz

A player must have an Payz account before making any deposit to an online casino. Registering for an account is relatively easy and free of charge. All that users need to do is input their information and email address. They also need to answer security questions and choose a password for security reasons. After confirmation of the email address, the account will be ready for use.

Users can then deposit funds into the Payz accounts using preferable methods, such as credit cards or local payment options. Users can also connect their Payz to their bank accounts. That will enable them to make transfers from their bank accounts directly to their online casino accounts. That helps ensure the deposits are completed faster, as direct bank deposits usually take longer to complete.

Deposit limits

Typically, different betting providers have different limits set for the minimum and maximum amounts that players can deposit in a day. Players can also deposit several times within a day, allowing them to bypass the maximum transaction limits. Players only need to have enough funds in their Payz accounts.

A limiting factor is that Payz has limits regarding the amount that users can hold in their accounts at any time. The amount is usually based on the account level. For example, the Silver account allows a maximum balance of 15,000 euros. The VIP account level has no limits for the account balance. The minimum single transaction amount is usually 10 euros for all account levels.

How to make a withdrawal with Payz

Withdrawing funds using from an online casino using Payz is also relatively easy. The players need to log into their casino accounts and confirm that they have enough funds to withdraw, for starters. The next step should be confirming whether the online casino offers Payz as a withdrawal option.

Players can then navigate to the banking page of their betting accounts and locate the Payz withdrawal options. The next step is to fill in the amount withdrawal amount and the account to which the casino should send the funds. For first-time use, the casino payment page will redirect the users to their Payz accounts, where they only need to confirm linking the account to the casino.

Withdrawal processing times

Withdrawal processing times vary among different online casinos. In most casinos, withdrawals usually take between one and three business days. The funds can be used or transferred to a different account as soon as they appear on Payz. Withdrawing on mobile is also possible, provided that players can access the online casino via mobile.

Payz pros

Making deposits and withdrawals via Payz is fast and easy. There is no significant learning curve involved in using the payment method.

  • Payz users can get a prepaid debit card. The Payz Mastercard can come in handy whenever users cannot access their online accounts.
  • It supports 47 different currencies, which makes making payments internationally quite easy.
  • Transactions are quite fast. There are no lengthy approval processes for transaction processing.
  • Offers top security features to ensure users enjoy peace of mind when transacting.

Payz cons

  • Their services are not available in some countries
  • It charges fees for internal transfers
  • Accounts have several limitations based on levels.

Payz account opening process

To register for an Payz account, users must first visit the Payz official website and click on the Sign-Up button. Users will then need to input various details such as email address and country of residence. The user must also choose a username, preferred currency, and preferred language, then create a password. To minimize the chances of errors, users have to input the created password twice.

The next step involves entering personal details. Such include full name, date of birth, and mobile phone number. Users must also enter a validation code and then read and agree to the terms and conditions. The account will be ready for use immediately after clicking the Create Account button. However, users still need to click on a link sent to their email address for verification purposes.


There are a few requirements that users must meet to open an Payz account. The first one is that users must be residents of countries in which Payz is permitted. The other main requirement is that a user must be above the age of 18 years.

Linking to a bank account

It is possible to link Payz to a bank account. Doing so makes it quite easy to transfer funds between the bank account and the Payz account.

Payz customer support options

Payz users can access customer service in two main ways. These include:

  • Live chat To access the live chat, users must visit Payz's help page. A user must input the full name, email address, and query to initiate the live chat.
  • Email: Customers can also reach out to the support via email, which is sent via a contact form on Payz's help page.

Payz's customer service team is generally friendly and professional. A majority of users usually get a satisfactory response from them. However, at times it takes several days to get a response. That can be quite challenging for cases where the queries are urgent.

About the author
Ethan Lim
Ethan Lim

Ethan Lim, a native of the Lion City, is Singapore’s rising star in the domain of online casino guide localization. He masterfully blends his intimate knowledge of local culture with international gaming standards to produce content that resonates deeply with Singaporeans.

Send mail
More posts by Ethan Lim