Payz (ecoPayz)

Payz (formerly ecoPayz) is a global e-wallet that lets you deposit and withdraw at online casinos and sportsbooks without sharing your bank or card details directly with the operator. You fund a central Payz account, then move money to and from the gambling site, so the operator only sees your Payz wallet as the payment source. It has been operating since 2000 and rebranded from ecoPayz to Payz in 2023. The wallet supports a wide range of currencies and is available in many regions where card and bank payments are restricted or slow, which is why it is popular with international players. Deposits are typically instant, and withdrawals back to the wallet are usually faster than card or bank-transfer payouts because they bypass the pending and banking stages that add days. Payz uses a tiered account system (Classic, Silver, Gold, Platinum, VIP) where higher tiers unlock lower fees and higher limits. Worked example: you deposit 200 EUR from your Payz wallet to a casino, and it credits instantly. After playing, you request a 500 EUR withdrawal. Once the operator approves it, funds typically reach your Payz wallet within 24 hours, versus 3-5 days for a bank transfer. Note that a currency-conversion fee (often around 2.99 percent) may apply if the casino settles in a currency different from your wallet balance. Practical context: because Payz is an e-wallet, some casinos exclude e-wallet deposits from welcome-bonus eligibility, so check the terms before funding. Compare with Skrill, Neteller and the broader e-wallet category.