{"id":2265,"date":"2024-10-25T22:17:37","date_gmt":"2024-10-25T13:17:37","guid":{"rendered":"http:\/\/casino-worker.com\/?p=2265"},"modified":"2025-01-13T05:43:20","modified_gmt":"2025-01-13T04:43:20","slug":"payz","status":"publish","type":"post","link":"https:\/\/casino-worker.com\/en\/payz\/","title":{"rendered":"What is Payz (formerly ecoPayz)?"},"content":{"rendered":"\n

Payz<\/strong>, previously known as ecoPayz<\/strong>, is a widely used e-payment service<\/strong> accessible across the internet, especially popular among online casinos<\/strong> and betting sites<\/strong>. Launched in 2000<\/strong>, Payz<\/strong> has over 20 years<\/strong> of history as a safe and reliable payment option.<\/p>\n\n\n\n

Payz<\/strong> supports a variety of deposit<\/strong> and withdrawal methods<\/strong>, including credit cards<\/strong>, bank transfers<\/strong>, and cryptocurrency<\/strong>. This versatility allows individuals to make secure and straightforward transactions. Payz<\/strong> is also renowned for its focus on security<\/strong>, employing two-factor authentication<\/strong> and data encryption<\/strong> to protect users\u2019 transactions and personal information.<\/p>\n\n\n\n

Thanks to its convenience<\/strong> and multifunctionality<\/strong>, Payz<\/strong> enables users worldwide to conduct online payments<\/strong> more easily and securely.<\/p>\n\n\n\n

Basic Information About Payz<\/strong> (formerly ecoPayz<\/strong>)<\/h2>\n\n\n\n

Here\u2019s an overview of Payz\u2019s<\/strong> key information:<\/p>\n\n\n\n

    \n
  • Operating Company<\/strong>: PSI-Pay Ltd.<\/strong>
    PSI-Pay Ltd., headquartered in the UK<\/strong>, holds a licence from the FCA<\/strong> (Financial Conduct Authority), providing users with a fair and trusted service.<\/li>\n\n\n\n
  • Location<\/strong>: Afon House, Worthing Road, Horsham, West Sussex, RH12 1TL, England<\/strong>
    Operating under strict financial regulations in the UK<\/strong>, near London<\/strong>, this company ensures high standards of compliance.<\/li>\n\n\n\n
  • Supported Languages<\/strong>: Japanese, English, Spanish, French, German, Russian, Portuguese<\/strong>, etc.
    With multilingual support<\/strong>, Payz<\/strong> is accessible worldwide, with strong support in Japanese<\/strong> for peace of mind for Japanese users.<\/li>\n\n\n\n
  • Deposit Methods<\/strong>: Bank transfer, cryptocurrency, ecoVoucher<\/strong>
    Payz<\/strong> offers a range of deposit options<\/strong>, including bank transfers<\/strong> and cryptocurrency<\/strong>, meeting the demands of digital-savvy users.<\/li>\n\n\n\n
  • Withdrawal Methods<\/strong>: Bank transfer<\/strong>
    Users can easily withdraw funds<\/strong> from their Payz account<\/strong> through bank transfers<\/strong>.<\/li>\n\n\n\n
  • Customer Support<\/strong>: 24\/7<\/strong> English live chat<\/strong>, email support
    Robust support <\/strong>ensures users can quickly receive assistance whenever needed, making Payz<\/strong> a trustworthy choice.<\/li>\n<\/ul>\n\n\n\n

    How Payz<\/strong> (formerly ecoPayz<\/strong>) Differs from Other Digital Wallets<\/h2>\n\n\n\n

    A significant difference between Payz<\/strong> and widely used digital wallets<\/strong> in Japan, such as PayPay<\/strong> or Rakuten Pay<\/strong>, is the ability to withdraw funds<\/strong> as cash<\/strong>. In Japan, many digital wallets limit use to specified services or designated stores, whereas Payz<\/strong> allows users to cash out funds to their bank accounts<\/strong> via bank transfer<\/strong>.<\/p>\n\n\n\n

    Moreover, Payz<\/strong> enables users to manage multiple currencies<\/strong> simultaneously, ideal for international transactions<\/strong>. For online casino<\/strong> or bookmaker<\/strong> use, Payz<\/strong> is advantageous as there are no currency exchange fees<\/strong> for same-currency deposits and withdrawals<\/strong>, helping users reduce costs.<\/p>\n\n\n\n

    Payz<\/strong> (formerly ecoPayz<\/strong>) Security Measures<\/strong><\/h2>\n\n\n\n

    Payz<\/strong> is highly regarded for its stringent security features<\/strong>, implementing cutting-edge technology to safeguard user data<\/strong> and transactions<\/strong>.<\/p>\n\n\n\n

      \n
    • Data Encryption<\/strong>
      All transaction data<\/strong> is encrypted using SSL\/TLS protocols<\/strong>, ensuring secure transactions by preventing unauthorised access.<\/li>\n\n\n\n
    • Anti-Fraud and Data Protection<\/strong>
      Payz\u2019s systems<\/strong> are constantly monitored to minimise risks, with PCI DSS compliance<\/strong> for handling credit card details<\/strong>, ensuring top-tier security standards<\/strong>.<\/li>\n\n\n\n
    • Funds Protection and Management<\/strong>
      Payz<\/strong> follows a \u201csafeguarding<\/strong>\u201d approach, keeping users\u2019 funds separate from operational funds. This structure ensures users\u2019 funds are secure even in the event of any operational issues. Regular audits<\/strong> by third-party agencies<\/strong> further enhance transparency and trust.<\/li>\n<\/ul>\n\n\n\n

      Features of the Payz<\/strong> Mobile App<\/h2>\n\n\n\n

      Payz<\/strong> provides a dedicated smartphone app<\/strong>, enabling users to manage their accounts<\/strong> anytime, anywhere. Key features of the app include:<\/p>\n\n\n\n

        \n
      • Easy Deposit and Withdrawal Management<\/strong>
        The app presents deposit<\/strong> and withdrawal history<\/strong> clearly, allowing users to easily review their past transactions<\/strong>. Additionally, the app\u2019s ability to manage multiple currencies<\/strong> is especially helpful for users engaging in frequent multi-currency transactions.<\/li>\n\n\n\n
      • Enhanced Security Features<\/strong>
        With fingerprint<\/strong> and facial recognition login<\/strong> options, the app offers robust security<\/strong> to protect accounts from unauthorised access.<\/li>\n\n\n\n
      • Quick Transfers<\/strong>
        The app facilitates swift transfers<\/strong>, enabling users to track funds in real time<\/strong>. For international transfers<\/strong>, Payz<\/strong> reflects transactions within a few business days, making it suitable for business use.<\/li>\n<\/ul>\n\n\n\n

        How to Use Payz<\/strong> (formerly ecoPayz<\/strong>)<\/h2>\n\n\n\n

        Registering a Free Account<\/strong><\/h3>\n\n\n\n

        Creating a free Payz account<\/strong> is straightforward. Follow these steps:<\/p>\n\n\n\n

          \n
        1. Visit the Official Site<\/strong>
          Go to the Payz website<\/strong> and click “Open an Account<\/strong>” at the top-right.<\/li>\n\n\n\n
        2. Enter Account Information<\/strong>
          Input your email address<\/strong>, password<\/strong>, and country<\/strong>. Ensure the password includes uppercase letters and numbers for security<\/strong>.<\/li>\n\n\n\n
        3. Provide Personal Information<\/strong>
          Enter your name, address,<\/strong> and phone number<\/strong> accurately, as errors may cause issues during identity verification<\/strong>.<\/li>\n\n\n\n
        4. Verify Your Email<\/strong>
          A verification email<\/strong> will be sent. Click the link to authenticate your account.<\/li>\n<\/ol>\n\n\n\n

          Identity Verification<\/strong><\/h3>\n\n\n\n

          To withdraw<\/strong> from Payz<\/strong>, identity verification<\/strong> is required. Here\u2019s the procedure:<\/p>\n\n\n\n

            \n
          1. Access Verification Page<\/strong>
            Log in to Payz<\/strong> and navigate to the “Verify Your Identity<\/strong>” page.<\/li>\n\n\n\n
          2. Submit Required Documents<\/strong>
            Submit the following:\n
              \n
            • Proof of identity<\/strong> (e.g., passport, driving licence)<\/li>\n\n\n\n
            • Proof of address<\/strong> (e.g., utility bill, residency certificate)<\/li>\n\n\n\n
            • Selfie<\/strong> (holding the ID)<\/li>\n<\/ul>\n<\/li>\n\n\n\n
            • Account Upgrade to Silver<\/strong>
              Once documents are approved<\/strong>, your account will be upgraded to Silver<\/strong>, allowing withdrawals<\/strong>.<\/li>\n<\/ol>\n\n\n\n

              How to Deposit to Payz<\/strong><\/h2>\n\n\n\n

              Payz<\/strong> supports several deposit methods<\/strong>, including bank transfers<\/strong> and cryptocurrencies<\/strong>. Here\u2019s a quick guide:<\/p>\n\n\n\n

                \n
              • Bank Transfer<\/strong>
                Select domestic bank transfer<\/strong>, enter the desired deposit amount, and transfer funds to Payz\u2019s designated bank account<\/strong>. Funds typically reflect within 1-3 business days<\/strong>.<\/li>\n\n\n\n
              • Cryptocurrency (e.g., Bitcoin)<\/strong>
                Users can deposit via cryptocurrency<\/strong>, a low-fee option with a relatively fast processing time, making it an attractive choice for those holding cryptocurrency.<\/li>\n<\/ul>\n\n\n\n

                How to Withdraw from Payz<\/strong><\/h2>\n\n\n\n

                To withdraw funds<\/strong> from Payz<\/strong>, users generally utilise bank transfers<\/strong>.<\/p>\n\n\n\n

                  \n
                • Bank Account Withdrawal<\/strong>
                  From the Payz dashboard<\/strong>, select “Send Funds<\/strong>,” enter the withdrawal amount<\/strong>, and choose a registered bank account<\/strong>. Processing usually takes 1-3 business days<\/strong>, though this may vary depending on the bank.<\/li>\n<\/ul>\n\n\n\n

                  Payz Fees<\/strong><\/h2>\n\n\n\n

                  Deposit Fees<\/strong><\/h3>\n\n\n\n

                  Deposit fees<\/strong> vary by method. Cryptocurrency deposits<\/strong> are typically free<\/strong>, whereas bank transfers<\/strong> may incur fees of 5%-10%<\/strong>.<\/p>\n\n\n\n

                  Withdrawal Fees<\/strong><\/h3>\n\n\n\n

                  Withdrawal fees<\/strong> depend on account rank<\/strong>. Bank transfers<\/strong> for Silver-level accounts<\/strong> incur fees between \u20ac5.90<\/strong> and \u20ac10.00<\/strong>.<\/p>\n\n\n\n

                  Account Maintenance Fees<\/strong><\/h3>\n\n\n\n

                  If unused for over 12 months<\/strong>, an account maintenance fee<\/strong> of \u20ac1.50 per month<\/strong> applies. It\u2019s best to keep the balance at zero<\/strong> if you won\u2019t be using the account for an extended period.<\/p>\n\n\n\n

                  Payz Account Levels<\/strong><\/h2>\n\n\n\n

                  Payz<\/strong> offers five account levels<\/strong>, each with its benefits:<\/p>\n\n\n\n

                    \n
                  • Classic<\/strong>: Initial level post-registration; currency exchange fee at 2.99%<\/strong>.<\/li>\n\n\n\n
                  • Silver<\/strong>: Upgrade by providing ID documents; currency exchange fee at 2.99%<\/strong>.<\/li>\n\n\n\n
                  • Gold<\/strong>: Attainable with deposits totalling \u20ac5,000+<\/strong>\/transfers totalling \u20ac25,000+<\/strong>; currency exchange fee at 1.49%<\/strong>.<\/li>\n\n\n\n
                  • Platinum<\/strong>: Achieved with transfers totalling \u20ac50,000+<\/strong>; currency exchange fee at 1.49%<\/strong>.<\/li>\n\n\n\n
                  • VIP<\/strong>: Achieved with transfers totalling \u20ac250,000+<\/strong>; currency exchange fee at 1.25%<\/strong>.<\/li>\n<\/ul>\n\n\n\n

                    How to Close a Payz Account<\/strong><\/h2>\n\n\n\n

                    To close your account, log in and contact customer support<\/strong> through the site\u2019s support form<\/strong>. Remember to withdraw all funds<\/strong> before closing.<\/p>\n\n\n\n

                    Payz Pros and Cons<\/strong><\/h2>\n\n\n\n

                    Pros<\/strong><\/h3>\n\n\n\n
                      \n
                    • High Reliability and Security<\/strong>: FCA-licensed<\/strong> and established over two decades<\/strong>, offering peace of mind.<\/li>\n\n\n\n
                    • Widely Accepted by Online Casinos<\/strong>: Supported by most major online casinos<\/strong> and bookmakers<\/strong>.<\/li>\n<\/ul>\n\n\n\n

                      Cons<\/strong><\/h3>\n\n\n\n
                        \n
                      • Restrictions on Credit Card Deposits<\/strong>: Credit card deposits<\/strong> for online casinos<\/strong> are restricted, requiring alternative payment methods.<\/li>\n\n\n\n
                      • Fees May Apply<\/strong>: Small transaction fees and exchange fees may apply, especially for lower-value transactions<\/strong>.<\/li>\n<\/ul>\n\n\n\n

                        Payz Reviews and Feedback<\/strong><\/h2>\n\n\n\n

                        Positive Reviews<\/strong><\/h3>\n\n\n\n

                        \u201cPayz<\/strong> processes withdrawals quickly<\/strong>, and support<\/strong> responds promptly<\/strong>, making it a reliable choice.\u201d
                        \u201cFees<\/strong> are relatively low<\/strong>, and transactions to online casinos<\/strong> are smooth.\u201d<\/p>\n\n\n\n

                        Negative Reviews<\/strong><\/h3>\n\n\n\n

                        \u201cBank deposits<\/strong> can sometimes take a few days<\/strong>, so faster processing would be beneficial.\u201d
                        \u201cHigher fees<\/strong> for lower-ranked accounts<\/strong>, so aiming for Gold<\/strong> or higher is ideal.\u201d<\/p>\n\n\n\n

                        Payz Frequently Asked Questions<\/strong><\/h2>\n\n\n\n
                          \n
                        • Is Payz Safe?<\/strong>
                          Yes, with FCA licensing<\/strong> and advanced security measures<\/strong> in place.<\/li>\n\n\n\n
                        • How Long Do Withdrawals Take?<\/strong>
                          Local withdrawals<\/strong> typically process within 1-3 business days<\/strong>.<\/li>\n<\/ul>\n\n\n\n

                          Important Points When Using Payz<\/strong><\/h2>\n\n\n\n
                            \n
                          • Withdrawals<\/strong> require Silver rank<\/strong> or higher, so ensure identity documents<\/strong> are submitted.<\/li>\n\n\n\n
                          • After 12 months of inactivity<\/strong>, maintenance fees<\/strong> apply; it\u2019s wise to zero your balance<\/strong> if not using it regularly.<\/li>\n\n\n\n
                          • Consider alternative deposit methods<\/strong> as credit card deposits<\/strong> may be restricted.<\/li>\n<\/ul>\n\n\n\n

                            Conclusion<\/h2>\n\n\n\n

                            Payz<\/strong> (formerly ecoPayz<\/strong>) is a trustworthy e-payment service<\/strong>, well-suited for online casino<\/strong> and bookmaker transactions<\/strong>. By managing fees<\/strong> and understanding the account levels<\/strong>, users can enjoy safe<\/strong> and efficient payment solutions<\/strong>.<\/p>\n\n\n\n

                            <\/p>\n","protected":false},"excerpt":{"rendered":"

                            Payz, previously known as ecoPayz, is a widely used e-payment service accessible across the internet, especially popular among online casinos and betting sites. Launched in 2000, Payz has over 20 years of history as a safe and reliable payment option. Payz supports a variety of deposit and withdrawal methods, including credit cards, bank transfers, and…<\/p>\n","protected":false},"author":2,"featured_media":2025,"comment_status":"open","ping_status":"open","sticky":false,"template":"single-full.php","format":"standard","meta":{"_locale":"en_GB","_original_post":"http:\/\/casino-worker.com\/?p=2024","footnotes":""},"categories":[296,197],"tags":[200,320],"class_list":{"0":"post-2265","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-casino","8":"category-payment","9":"tag-en","10":"tag-payment","11":"en-GB","12":"article"},"_links":{"self":[{"href":"https:\/\/casino-worker.com\/wp-json\/wp\/v2\/posts\/2265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-worker.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-worker.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-worker.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-worker.com\/wp-json\/wp\/v2\/comments?post=2265"}],"version-history":[{"count":0,"href":"https:\/\/casino-worker.com\/wp-json\/wp\/v2\/posts\/2265\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/casino-worker.com\/wp-json\/wp\/v2\/media\/2025"}],"wp:attachment":[{"href":"https:\/\/casino-worker.com\/wp-json\/wp\/v2\/media?parent=2265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-worker.com\/wp-json\/wp\/v2\/categories?post=2265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-worker.com\/wp-json\/wp\/v2\/tags?post=2265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}