Everything you need to know about Payz online casinos in Australia 2024.
From this article, you will learn how the system works, why Payz (ecoPayz) casinos can or cannot be selected, how safe it all is and what alternatives exist. The answers to the questions that users ask most frequently can also be found there - just scroll down. Read, weigh and decide on the payment method that you consider to be the most convenient and the safest.
Payz (EcoPayz) is a British online payment system, one of the oldest, most widespread and recognizable worldwide, and Australia is no exception. It was founded in London in 2000 and works with most marketplaces, exchanges and gaming platforms in over 150 countries, which is why 45 currencies are accepted. Simply receiving a fee or paying for goods and services is also possible with Payz. As for the best online casinos in Australia, not all of them work with this system, perhaps because it does not require bank account details at the first level, while a casino can request this information. But if your chosen game library supports Payz, it is worth considering this option because it has several advantages.
One of the specialties of this system is its diversity. You can have several wallets at the same time that use different currencies. What’s more, you can order a card to always be able to pay, even if Payz is not accepted as a wallet. Once you create an account, it is accessible from any device, and its capabilities expand as you increase its status. For smartphones and tablets, Payz offers an app that is regularly renovated so that its design and functionality meet the needs of modern users.
Payz casinos are particularly convenient because they eliminate conversions by using multiple currencies. This means you can, e.g. E.g., pay directly in US dollars without having to convert AU first. The most important thing is to have the required amount in the account. But make sure that this system works with the casino and is there in your country if you are not in Australia. Also, be prepared to send scans of documents and then wait for them to be verified, which can take quite a long time. You may also need documents to increase your account status, which is essential if you plan to use Payz regularly.
Starting to play at Payz casinos involves a few simple steps, ensuring a seamless transition into online gaming. Here’s how to get started:
If you have chosen this payment system, note that to use it to its maximum productive potential, you need at least a Silver account. Payouts, e.g. basic users whose accounts are called Classic are not allowed to do this. To do this, you have to have your account verified so that your status is raised to a new level. This allows you to achieve more functions, including not only withdrawals but also transfers between accounts, unlimited transactions and the like. To make bets at Payz Casinos from time to time, a basic account is enough. A description of how to do this can be found below.
As already mentioned, Payz registration does not require any bank account details, which makes this system particularly secure from the aspect of anonymity. But this only works when it comes to deposits.
To enable withdrawals, you must have your bank account verified, as it should contain the address to which the money will be transferred. To do this, a user should send scans of documents, the list of which can be found on the payment system page. The verification usually takes around 2 working days, after which the account becomes Classic Silver, which means you can now withdraw money from it. That is very easy:
If you don’t have any withdrawal options, check out Payz alternatives.
Deposits made through Payz are typically processed instantly. Once you complete the transaction, the funds should appear in your online casino account within minutes, allowing you to start playing right away.
Withdrawal times for Payz can vary more significantly and depend on the casino’s processing policies. Once a withdrawal request is approved by the casino, which can take anywhere from a few hours to several business days, the funds are usually transferred to your Payz account relatively quickly. Most Payz withdrawals are completed within 24 hours after approval, but it’s always a good idea to check the specific processing times provided by the online casino.
Payz casinos offer various bonuses to players who make deposits using this payment system. These are usually welcome bonuses, which can amount to up to 100% of the first deposit amount or an online casino deposit bonus. Sometimes there are even more, namely 200-300% or 3-4 deposits, depending on the casino’s policy and how much and how often you deposit.
In addition to money, you often get free spins and bonus games, some of which can be particularly lucrative. On some platforms, free spins, usually 20-30, are achievable even without deposits, signing up is enough.
Please note that if you play for bonus money, you will not be able to withdraw your winnings immediately. You have to offset it, which means continuing to bet until the casino allows withdrawals. More details about bonuses can be found on the page of the selected game library because specific amounts and other nuances can be very unequal.
We’ve curated a list to help you identify the online casinos that offer the best payouts for players using Payz. This selection is based on the Return to Player (RTP) percentage, a crucial figure that indicates the proportion of total wagered money a casino pays back to its players. Naturally, casinos with higher RTP percentages are more attractive as they potentially offer better chances of winning. Our list of Payz casinos with the best payouts is designed to guide you toward the platforms where your chances of success are maximized.
For newcomers to the online gambling scene, finding a Payz casino that allows for minimal initial deposits is key. Many beginners prefer not to start their gaming journey with large bets, minimizing the risk of significant losses. Understanding this, we’ve compiled a list of online casinos that support Payz payments and offer low minimum deposit thresholds, including options for as little as A$1. This list is particularly valuable for players looking to explore online casinos without committing a substantial amount of money upfront, ensuring a more accessible and less intimidating entry into the world of online gaming.
It doesn’t matter whether you visit a casino using a computer or a mobile device. In the second case, there are two options: starting games directly in the browser or downloading the app. The last ones have the most online platforms today, so their users can play on the go with maximum comfort. Those who work withPayz allow deposits and withdrawals to be made without any problems if the status of the player’s account is sufficient. The existence and size of fees depend on the policy of the specific casino. Please note that navigation on the website and in the app may be different, so it may not be so easy to find the list of payment methods and the required button. After you have done this and entered the amount, confirm the transfer, which should then happen immediately.
One of the big advantages of Payz is the freedom from fees. Getting a transfer is always free, and can be done from Gold level onwards. You can also pay the sellers who work with Payz without any fees. But this does not concern casinos, because in this case, everything depends on their policy, not on the specialties of the payment system. Some casino sites charge commissions, which players should pay attention to when making deposits. These usually amount to 1.5-4.9% of the amount of the deposit or withdrawal.
First of all, it is important to understand that an electronic wallet is not a bank and therefore cannot dispose of funds itself. Payz may not use your money as a deposit, e.g. grant credit to other users. It is stored separately, making it inaccessible to third parties, and even the servers where personal data is stored are located in a special room. Even if the system ceases to exist, users will get their money back. So be sure that the amount in your account is out of danger.
Payz casinos, sellers and other companies working with this exchange also take care of protecting your finances. All transactions are automatically encrypted so that no personal data is publicly accessible. When you deposit with a casino, no personal information such as name is shown. To register, both in the payment system and in most casinos, you need a scan of your ID card to ensure that your identity is real and wait a few days for the document to be verified. Often you should also send a selfie, which provides even more security. However, it is important to adhere to security measures because no electronic protection, even the best, can be 100%. These are the following:
Although Payz is quite convenient, not all platforms work with it, and there are not that many Payz casinos. What’s more, the function of Payz can be very unequal in different countries. You can’t have cards everywhere. In addition, some people are demotivated by the large number of documents that must be collected to create an account and access all the benefits. Therefore, online casino players should also be aware of the possible alternatives, some of which are below.
The main reasons why it is worth using this system as a payment method at online casinos are as follows:
Payz is one of the fastest, most convenient and secure electronic payment systems in the world that some online casinos use. It supports 45 currencies, giving users the option to omit conversion. Additionally, Payz casinos offer big bonuses that increase your chances of winning.
Payz customers’ personal information is protected using encryption so that no third parties can reach it and is stored separately from the rest of the data. In addition, using a Payz account may require a lot of documents, which allows for extra protection, but can also be demotivating.
Another negative point is that not all online casinos support this system. But if everything is in order, active users who have elevated the status of their accounts can make deposits and withdrawals without any problems. The first ones usually happen quickly, while the last ones have to wait a few days. More details can be found on the website of the selected casino.
Yes, you have to log in. Afterward, you get a basic account, which is also called Classic and whose functions are very limited. If you increase your status, you get more options, such as withdrawals and free transfers.
Because Payz casinos are not so numerous, the players also use other payment methods. The most popular in Germany are electronic wallets such as Skrill or Paysafecard and credit cards. On this page, you will find a large list of casinos that support them and helpful information about them.
Internal transfers are free to get from the start and to make from the Golden level onwards. Casinos can still charge fees for deposits and withdrawals, which should be checked carefully. The size of the fee depends on the casino but usually amounts to 1.5 – 4.9% of the transfer amount.
This is another parameter that is determined by the policy of a specific casino, but overall transactions are hardly limitless. Both minimum and maximum amounts can be very unequal and can usually be found on the game library website. By and large, you can often play in a casino with A$10.
To start using Payz, you'll need to sign up on their website to create a basic (Classic) account, which has limited functionality. Upgrading your account status unlocks additional features, such as the ability to make withdrawals and enjoy free transfers. Upgrading typically involves verifying your identity and possibly providing additional information.
In regions where Payz casinos are less common, players often turn to other payment methods. Popular alternatives include e-wallets like Skrill and Paysafecard, as well as credit cards. Our site offers an extensive list of casinos that accept these alternatives, along with useful information about each payment option.
While internal transfers with Payz start off as free and become free to make from the Golden level, casinos themselves may impose fees on deposits and withdrawals made via Payz. It's important to review the casino's policy as fees can range from 1.5% to 4.9% of the transaction amount. Always check the specific terms at the casino you're playing at.
Deposit and withdrawal limits when using Payz are set by individual casinos and can vary widely. Generally, transactions are not limitless, with both minimum and maximum thresholds. These limits are often stipulated on the casino's website. Commonly, casinos allow play with a minimum deposit of around A$10, but it's best to consult the specific casino's banking section for accurate figures.
