Payz

Payz Betting sites

David Kane, Author at Bettingsite.cc

Written by:

David Kane,

Bookmakers reviewer

Last Updated: Dec 04, 2024

Payz, formerly Ecopayz, is one of the more popular e-wallets in the world, and has been for a while now. The company running it has been around since 2000, and the e-wallet it currently features is the product of more than two decades of experience offering payment services. So, it is little wonder that people all over the world have started using it to send money to their friends, shop online, and, of course, bet! And if you are interested in that last use case of the e-wallet we mentioned, online betting, then you might be wondering what the best place to do so with Payz is.

Sadly, there can be no straightforward answer to that question, since there are many different betting sites which let their clients cash in using Payz. Each of them will appeal to a different player, too! So, instead of pointing to one bookie, we'd like to examine several betting sites, allowing you to find the one that is more suitable to your own tastes.

Aside from that, we'd also like to highlight some other aspects of betting with Payz that you should know about, such as what fees there are, which countries it is accepted in and so on. As you can see, there's quite a lot to cover with the payment method, so, let's jump right into it, with a brief overview of the excellent betting sites we mentioned before:

Top 10 Payz Betting sites

SG

4.9/5

Best choice

Welcome bonus

100% up to €100

US Restricted

Advantages

  • EUR 10 Table Tennis Freebet
  • Top-notch casino games
  • Reputable operator

Welcome bonus

100% up to €100

US Restricted

Advantages

  • Horse Racing
  • Sports Betting Welcome Offer
  • 30+ Betting Options

Welcome bonus

100% up to €250

US Restricted

Advantages

  • Loads of different bonuses and promotions
  • Many obscure sports are present

Welcome bonus

100% up to EUR 100

US Restricted

Advantages

  • Two sports betting Welcome offers
  • Over 10 available promotions
  • A huge selection of sports betting options
  • Super secure MGA permit

Welcome bonus

100% match up to €100

US Restricted

Advantages

  • Very reputable owner
  • Great casino section
  • Good diversity of promotions

Welcome bonus

100% up to €100

US Restricted

Advantages

  • Horse Racing
  • Easy Account Creation
  • Plenty Of Sports Promotions

Welcome bonus

10% up to €100 Free Bet

US Restricted

Advantages

  • Free Bet Welcome Bonus
  • Easy-To-Use Interface
  • 45+ Sports Betting Alternatives

Welcome bonus

50% up to 50 EUR + 20 Free Spins

US Restricted

Advantages

  • More than 20 promotions to choose from
  • Huge sportsbook with over 80 sports to bet on
  • Excellent casino game library
  • VIP program for devoted punters and bettors

Welcome bonus

None

US Restricted

Advantages

  • Great selection of obscure sports

Welcome bonus

100% up to EUR 100

US Restricted

Advantages

  • Plenty of sports betting options
  • Amazing sports promotions
  • Many payment methods
  • Great casino games

The seven best Payz Betting Sites, examined

Now, let's dig a bit deeper and give you some more information on every one of these betting sites:

Winsane

Betting site name Winsane
Licensed? Yes, this betting site is licensed in Curacao
Min. deposit for Payz €10
Min. withdrawal for Payz €10
Withdrawal processing times 1-168 hours
Domain Winsane.com

Pros 

  • Freshly launched betting site with a lot to offer .
  • Very low minimum deposit limit for Payz.
  • Great sportsbook with a plethora of events to live bet on.

Cons 

  • We cannot think of any major issue with Winsane

Winsane Sport SectionThe first stop in our journey through the best betting sites which accept Payz is called Winsane. This site is a rather recent addition to the online betting world, as it was launched in 2023, about a year ago at the time of writing. Despite this, we believe that it has what it takes to stand out from its peers with an excellent level of service, and decent payment conditions for Payz.

That is because the bookie is licensed by the Curacao Gaming Control Board, ensuring that players there have access to the protections they need. The most important of these protections have to do with your safety, with the betting site being required to offer its players various tools of self-exclusion. These include being able to set custom deposit limits or even close down your account, provided you need to do so. Of course, the license of the betting site itself is more than enough of a guarantee for the legitimacy and integrity of your bets, too!

That said, if there was not a good Sportsbook, we would never be able to recommend a betting site, no matter its regulation. And that is precisely what Winsane has to offer, with a plethora of opportunities for its players to wager on sport matches from all manner of different sports and from all over the world. For instance, if you are looking to bet on Football, there are well over a thousand games to do so on, with a substantial amount of live betting opportunities, too!

We should also mention that the betting site has placed a strong emphasis on modern betting experiences, too, and you can wager on the outcomes of various eSport competitions, or even take part in a plethora of virtual sport betting events.

Regardless of what you wish to bet on, the payment conditions for using Payz to Winsane are excellent. The betting site has a low minimum deposit limit of just €10 that you can cash in, which is on the low side of the average of €10-20 most bookies set their minimum deposit amounts to. Depositing to and withdrawing from Winsane does not incur any fees by the bookie itself, and the cash out limit from it is also very small. In fact, it has been set to just €10, which is still on the low end of what most gambling houses these days tend to allow.

So, all in all, we can safely say that Winsane definitely knows how to tick all of our boxes and ensure punters have access to a competitive betting experience, especially if they wish to use Payz! To that end, we can recommend checking it out.

QuickWin

Betting site name QuickWin
Licensed? Curacao license
Min. deposit for Payz €10
Min. withdrawal for Payz €10
Withdrawal processing times Up to three days
Domain quickwin.com

Pros 

  • QuickWin allows you to sign up in a simple and straightforward manner.
  • The betting site accepts a low minimum deposit and has a low minimum cash out limit of €10.
  • A unique car collection feature is available.

Cons 

  • The maximum cash out limit of €500 per transaction is a bit limiting, in our view!

Secondly, we'd like to take a look at a betting site called QuickWin, with a racing theme, and a unique race car collection feature! The more you play here, the more parts for different race cars you will be collecting, with each completed model letting you claim a unique prize. As far as we can tell, this feature is completely unique to this betting site!

Quickwin Basketball bettingThat said, if you are interested in playing here, there are quite a lot of reasons to do so besides the fun collection feature. For one, the betting site is licensed in Curacao, allowing you to benefit from the same protections we mentioned previously. However, another standout feature of the betting site is the fact that you can create your account and deposit in minutes, with the simple and straightforward form you need to fill out to be able to do so, and the lack of annoying KYC requirements to deal with!

Additionally, the conditions for using Payz within the bookie are great, with both a very low minimum deposit of just €10 and a low minimum withdrawal of €10, both of which are somewhat rare amounts within the online betting world nowadays! It's also worth mentioning that the betting site does not charge you any fees for the processing of your payments, nor for withdrawing.

That said, if you are interested in betting here, you should know that there is a low maximum cash out limit per day, of €500. This applies to Payz and every other means of withdrawal to the bookie. What's more, it takes up to three days to have your withdrawal cleared, and there is a buffer period of three more days during which QuickWin mentions it will not be processing withdrawals at all. This makes the betting site a bit of an annoying place to wager for high-rollers, but it could also make it harder to cash your winnings out.

Despite this flaw, we can definitely recommend checking the bookie out, because of the advantages we listed so far, but also because of how competitive the sportsbook it offers is! There are plenty of Live betting opportunities, from all manner of various sports. Among them are popular Football, Basketball and Tennis matches, and more. Pre Match betting is also available with QuickWin, and you can wager on a plethora of popular and nice events in the pre match betting section of the sportsbook.

So, checking out QuickWin is a must, as long as you don't mind its rather low maximum cash out limit!

Zotabet

Betting site name Zotabet
Licensed? Curacao Gaming Control Board license
Min. deposit for Payz €20
Min. withdrawal for Payz €20
Withdrawal processing times Up to 72 hours
Domain zotabet.com

Pros 

  • Zotabet is licensed by the Curacao Gaming Control Board and is a legitimate and safe betting site.
  • The minimum deposit and withdrawal limit of Zotabet for Payz are great.
  • We like the fact that the betting site has its own app.

Cons 

  • We cannot think of any major downsides to Zotabet.

Zotabet is another excellent betting site to check out, if you are looking for the best place to bet using Payz. What makes it so special is the fact that it has its own Zotabet betting sectionmobile app, something which is pretty rare among online bookies these days. Usually, they just focus on creating a smooth and user-friendly version of their websites for punters to enjoy, because that is much easier. But the people behind Zotabet have gone through the work of making their own betting app!

This app is actually not as much of a separate application that you need to download, but an add-on for your mobile browser. This makes it convenient to use and compatible with nearly all IOS and Android devices. But what can Zotabet offer aside from this convenient betting app?

Well, the bookie features a set of competitive deposit and withdrawal conditions for Payz. The minimum entry cost requirement for the payment method is no less than €20, which is in line with other houses. What's even better is the fact that the minimum you can cash out from the betting site is the same, and that withdrawals are processed within 1-72 hours without any fees for using Payz!

There is also the license of the betting site, issued by the Curacao Gaming Control Board, a popular regulatory body, which offers punters the protections we mentioned before, such as self-exclusion measures. We touched on them a bit further above, in another one of our reviews, but, just as a reminder, these are the ability to set custom deposit limits, or even to close down your account, should you need to do so.

However, Zotabet also features an exciting sportsbook, too, which makes wagering here even more fun! It features both Live betting and pre match betting, on a plethora of different sports. In particular, we'd like to highlight how many niche sports betting events there are within the sportsbook, such as various races and combat sports, as well as things like Lacrosse and Rink Hockey. We estimate there to be well over 40 different Sports to bet on within the sportsbook, which makes it quite competitive in our view.

The sign-up process to the betting site is also quite fast and straightforward, allowing punters to open their accounts in just a couple of minutes at most. So, given all that, we can easily recommend checking the sportsbook out and enjoying what it has to offer!

1Red

Betting site name 1Red
Licensed? Yes, in Curacao
Min. deposit for Payz €30
Min. withdrawal for Payz €30
Withdrawal processing times Within 48 hours
Domain 1red.com

Pros 

  • 1Red is licensed by the Curacao authorities and has been around since 2022.
  • Fast withdrawals within up to 48 hours are supported for Payz transactions.
  • We like the robust sportsbook of this betting site.

Cons 

  • The €30 minimum deposit/withdrawal limit of 1Red is a bit on the high side!

1Red is another excellent choice for the punter who wishes to wager on their favorite sports betting events and use Payz to cash in or out! The betting site offers you the benefits of being regulated, which we previously mentioned, meaning it is legitimate and safe, with plenty of responsible gambling tools for punters who need them. Furthermore, there are few betting sites with sportsbooks as competitive as this one!

1red sports sectionThe thing which makes the sportsbook of 1Red stand out above all else is how fast it is to load. It is crucial for fans of Live betting to have access to the latest data and to be able to place their puts without any delay. And even though the sportsbook of 1Red has a very diverse collection of events within it, it offers just that lightning-fast loading time, which ensures a smooth betting action.

Speaking of Live betting, it is present in full force with 1Red, with the betting site allowing you to wager on contested matches from all over the world, on popular sports like Football, Baseball, Tennis, Basketball and so on. But if pre match betting is more your style, you should know that, with 1Red, you will have access to hundreds of different events from the sports we mentioned and more, such as Cricket, Rugby, MMA and some less mainstream betting events such as Sumo or Floorball. Not to mention the eSports and Virtual sports betting opportunities that 1Red features as well! These are going to provide a unique betting experience to the punters who seek them out, though they are decidedly less popular than the Live betting and major pre match betting markets.

All in all, 1Red only has a single issue, in our view, and that is the fact that the betting site features a rather high minimum deposit and withdrawal limit of €30. As you will have noticed by now, the other bookies we've listed so far only ask for up to €20 to be deposited by punters. And that is precisely the case with the majority of betting sites these days, too, with €20 being seen as the highest amount a minimum deposit or withdrawal limit should be set to.

At the same time, we think that this downside is not really all that serious. If you don't mind cashing in a slightly higher minimum amount, 1Red will provide you with an excellent and safe betting experience. So, we can overall recommend checking the bookie out!

OhMySpins

Betting site name OhMySpins
Licensed? Yes, this betting site has a Curacao license
Min. deposit for Payz €10
Min. withdrawal for Payz €10
Withdrawal processing times Between 1 and 72 hours
Domain ohmyspins.com

Pros 

  • This betting site features an exceptional sportsbook with a plethora of live and pre match betting opportunities.
  • Both the minimum deposit and withdrawal limit for Payz are set to €10, which is great.
  • There is a rather fast withdrawal processing time as low as 1 hour and up to 72 hours.

Cons 

  • The maximum withdrawal limit for Payz is set to €500 per day, which is a bit restrictive in our view!

OhMySpins is a betting site which really stands out from its peers! While the majority of bookies these days have muted and dark colors, opting in for a minimalist OhMySpins Sportsbookand sleek design, OhMySpins features a bright and colorful sportsbook, as well as several cartoony mascots throughout its website, which makes it pretty fun to browse.

But betting here is, of course, even more fun! The bookie offers access to more than 40 different betting markets, from popular sports like Football and Basketball, to more niche events like Futsal and Bandy. There are even Special betting events, which include the outcomes of various TV awards, such as the Oscars.

We should not neglect to mention that OhMySpins also features a very competitive Live betting section, too, though! It features plenty of popular events from the sports we mentioned, like Football and Basketball, and allows you to easily keep track of what events are upcoming in between an hour and 24 hours, so that you can always know what you are looking forward to betting on. What's more, the bookie offers players a Streaming feature, allowing you to watch the events you are betting on live, for even more excitement!

That said, if you are looking to bet here, you should also know that the Payz minimum deposit and withdrawal limits of €10 are excellent. As we've mentioned several times so far, that amount is on the low end of what most betting sites nowadays tend to allow you to cash in or out of them. In the interest of fairness, though, we should also mention that there is a somewhat notable downside to the withdrawal policies of the bookie, which might make cashing out of it via Payz way less fun. This has to do with the maximum cash out limit from the betting site, which is set to €500 per day.

Such limits are usually up to a couple thousand Euro, but there is also a three day minimum period between each approved withdrawal from OhMySpins. We don't think that is a competitive policy at all, and, instead, it seems to have been designed to make it harder for players to cash out. Either way, it is not really going to inconvenience anyone too much, as annoying as it is.

So, we believe that the positive aspects of this betting site outweigh its downsides, especially if we count the license it has been granted by the Curacao authorities among said advantages! Overall, we can recommend checking OhMySpins out.

20bet

Betting site name 20bet
Licensed? Yes, by the Kahnawake Gaming Commission
Min. deposit for Payz €10
Min. withdrawal for Payz €10
Withdrawal processing times Up to 72 hours
Domain 20bet.com

Pros 

  • 20bet has a license with the Kahnawake Gaming Commission.
  • Two mobile betting apps are available here, for IOS and Android devices.
  • Payz deposits from €10, a very low minimum amount, are accepted, and the minimum you can cash out from the e-wallet is also €10.

Cons 

  • There are no significant downsides to betting in 20bet!

20bet is one of the older entries in our list of betting sites that accept Payz. This is because it was launched all the way back in 2020, and has been offering its services to punters ever since. And the fact that the betting site is more than four years old at this point goes to show it is a legitimate and competitive place to enjoy your favorite events, otherwise, how would it have managed to stick around for so long!

We would also like to mention that the betting site has a license from the Kahnawake Gaming Commission. Now, this body is located in the First Nations Territory of Kahnawake, within Canada, and has been overseeing online betting since 1999. It demands that its subjects offer punters access to the same self-exclusion 20BET Esports bettingfeatures we mentioned so far, while also demanding they comply with strict AML measures. A license from the Commission is another reason to believe that 20bet is a legitimate and safe place to wager!

Furthermore, the betting site stands out from its peers with the two apps it has developed, for both Android and IOS devices, allowing you to wager on the go, from the comfort of your phone. As we previously mentioned, there are not really as many bookies these days which offer you access to their own betting apps, so we are happy that 20bet is one of these rare exceptions! The apps can also be used to top up your account with Payz and even cash out.

Of course, what's even more important is the deposit and withdrawal conditions that the betting site has. There is a minimum entry cost requirement of just €10 for Payz, which is still towards the low end of what houses demand these days, as we previously discussed. The minimum withdrawal limit of the betting site is actually just as high, which is excellent, and fees fair to punters.

The bookie also allows you to wager on what we consider to be a very diverse collection of Sports, with the pre match betting section of its website allowing punters to enjoy thousands of events from various markets and various parts of the world. These include popular sports like Football, Basketball and Cricket, as well as more niche things to bet on. A robust Live betting section is also available, too, which is excellent.

So, all in all, 20bet is definitely a betting site which has stood the test of time! We sincerely recommend checking it out if you are looking to use Payz.

Zet Casino

Betting site name Zet Casino
Licensed? Yes, by the Curacao authorities
Min. deposit for Payz €10
Min. withdrawal for Payz €10
Withdrawal processing times Within 72 hours
Domain zetcasino.com

Pros 

  • Zet Casino is a long-standing betting site, which was launched all the way back in 2018 and has a history of offering a great service.
  • The minimum deposit and the minimum withdrawal limits of the betting house are exceptionally low, set to €10
  • There is also a plethora of fun sports to wager on within Zet Casino.

Cons 

  • The age of the sportsbook shows a little, and its interface could be more user-friendly.

Last but not least in our list of the best places to bet with Payz is a bookie called Zet Casino. What's special about it is the fact that it has been around for over six years now, making it an institution of online betting on its own. And there are actually far fewer betting sites which are as old and can still be said to be competitive than you would imagine!

Zet Betting SectionOf course, the age of the sportsbook of Zet Casino does show a little, and its user interface might not be as sleek or friendly as other houses these days. However, we consider it to be more than good enough, with fast loading times and the ability to switch between Live and pre match betting with ease.

And speaking of Live betting, there are both more markets to live bet on, than what we expected, and more matches and bets within them than what we anticipated! We found ourselves able to bet live on Snooker and eSports, as well as Table Tennis, for instance, as well as the more mainstream betting events we expected to see, from Football, Basketball and Tennis.

The pre match betting section of the sportsbook is also quite a lot more diverse than what we'd expect. There are over 1100 Football events to bet on, and the second largest sport featured by the bookie, basketball, had nearly 400 games to offer. So, between all of these major competitions and the smaller and more niche sport to wager on, it would not be an exaggeration to say that Zet Casino has a couple of thousand events for its punters to enjoy, with games from all over the world to bet on!

The next aspect of the betting site which we'd like to go over is the payment policies for Payz. We consider the €10 minimum deposit and withdrawal limits which are demanded of players to be quite exceptional. That said, if you are curious about the withdrawal processing times from the house, these are also great. The longest a withdrawal from it can take is 72 hours, which is excellent!

So, all in all, recommending Zet Casino is a breeze. Especially when you consider that the house is licensed by the Curacao authorities, which allows players to benefit from the protections we mentioned previously, as well as be certain they are betting in a legitimate and safe place! Therefore, if you are looking to use Payz, we think Zet Casino is a strong contender for an excellent bookie to deal with!

Why is Payz so popular among punters nowadays?

It is very easy to explain the popularity of the e-wallet with punters, and that is the high degree of convenience it offers and the massive amount of time it has been around. The launch of the company which would later offer the Payz e-wallet was all the way back in 2000. This has made Payz into a recognizable payment solution around the world!

That said, there is more to the success of Payz than just the fact that it is recognizable. We should mention that the payment method is owned by a company called IPS Solutions, which has a license by the Cyprus Securities and Exchange Commission, meaning it is compliant with the strict EU regulatory requirements for payment service providers. This ensures that the money you keep in the e-wallet is going to be kept safe!

Finally, we should mention that the e-wallet is just very convenient to use! All you need to do so is sign up and top it up, then you will be able to cash in to the betting sites which accept it. There are two mobile apps to use when doing so, or you could simply log in from the website of the e-wallet, and transact from it.

So, as you can see, Payz is an absolute force to be reckoned with, when it comes to e-wallets! We can safely say that it is here to stay, and that it will likely just become more and more popular as time goes on.

What are the pros and cons of using Payz to bet online?

Unfortunately, Payz is not a perfect payment solution, and, in fact, it has its own upsides and downsides, much like everything else! In this section we'd like to examine both the advantages and disadvantages of using the e-wallet with betting sites:

The advantages of betting with Payz:

  • Instant deposits, instant withdrawals possible: One of the main reasons why punters use e-wallets in general, is the fact that they facilitate instant deposits and cash-outs, which makes them significantly faster to use than bank transfers. We should mention that the withdrawal times for Payz depend on the betting site's policies, too, though, so they could come with some delay.
  • A safe place to keep your money: As we mentioned, the company behind the e-wallet is licensed by one of the most popular and well-respected regulatory bodies in the European Union, making it a safe bet to keep your money within Payz!
  • Payz is just that convenient to use!: Be it from desktop, your IOS or your Android device, using Payz via its website or its dedicated apps is a breeze!

The downsides to using Payz:

  • The fees: Every e-wallet nowadays charges you certain fees for using it, and Payz is no exception. We will be discussing the fees of the payment method in more detail further down in the current article.

The three most popular Sports to bet on using Payz

Payz is a global payment method, utilized in most countries around the world. Therefore, the majority of punters who use it will wager on vastly different sports with it! However, there is some common ground between them. Here is what the most popular sports to bet on using the e-wallet are:

Football Betting

Football bettingWe simply cannot put any other sport than Football on the leading spot, when it comes to the total amount of bets via Payz. That is because Football is the number one most popular sport in the world, hands down! It is enjoyed by millions of people around the world, whether they watch it, play it or even bet on it!

Furthermore, Football is truly a global sport nowadays in the sense that the most popular competition in it are the international FIFA games. Though there are also a number of national leagues that are also popular, such as the Bundesliga of Germany or Serie A in Italy. Of course, punters also tend to wager on the matches from their own countries, too.

Basketball Betting

Basketball bettingNext, a lot of the users of Payz are from Western Europe and Canada, which means that the sports which are popular among them will naturally be the ones which are commonly bet on with the e-wallet! And one of the most popular among these sports is Basketball. Ever since it was invented in the 19th century, this game has swept all over the world, and it now has millions of fans on every continent!

That said, the most popular Basketball league in the world is the NBA, the national basketball league of the United States, the country in which the sport was born. Still, other competitions like the Australian basketball league and the Eurobasket have been slowly growing in popularity among punters, too.

eSports Betting

EsportsFinally, we have eSports betting. Now, this is a bit of a newer betting marker in general, but it's proven to be a very popular one, especially with people who use Payz to bet. What makes eSports interesting is that they are very diverse, and you can bet on all manners of different games, with radically different objectives.

The most popular avenues for eSports betting these days, though, are the Dota 2 and LOL MOBAs and Counter Strike: GO, with other games such as Mobile Legends gaining traction.

Are there different types of betting sites which accept Payz?

Yes, there are multiple types of betting sites which accept Payz! In fact, there are so many different ways to slice these sites, and so many different categories to put them in, that we could never manage to do so within this article. Still, though, we'd like to take a look at some of the more important of these types and the betting sites of each type:

Betting sites which accept Payz and feature betting apps

Betting AppsBetting apps are somewhat of a rare feature nowadays, as we previously mentioned. It just makes a lot more sense financially for bookies to forego having a betting app and offer a dedicated web version of their website for the punters who'd like to bet on the go. At the same time, there are still some outliers – here are some betting sites which offer you access to betting apps nowadays:

  • IgoBet: Android betting app available
  • MidasLuck: Betting site with a dedicated Android app

The Payz betting sites with the best odds

Best-odds betting sitesGetting the best odds for your bets is actually more difficult than it might first appear! That is because the odds themselves tend to change from game to game, and even once you've placed your bet. And even so, some betting sites just tend to offer lower odds in the first place! So, let's take a look at some Payz bookies with a track record of featuring excellent odds for their players:

  • Li.bet: Safe and licensed betting site with excellent odds
  • BetSixty: High odds for high-stakes betting action
  • RtBet: Track record of exceptional odds

No verification betting sites with Payz

No-verification betting sitesFinally, we'd also like to take a look at some No verification betting sites which accept Payz, too. Crucially, these types of betting sites are perfect for punters who prefer to keep their privacy when placing their bets. However, most of the bookies which offer no verification are not regulated, making them somewhat less safe. So, let's take a look at a couple of trustworthy No verification betting sites which also accept Payz:

  • Librabet: Curacao-licensed betting site with no verification
  • Bankonbet: Online bookie with minimal KYC and a Curacao license
  • Funbet: Safe, Anjouan-licensed betting site with no verification

Find more no-verification bookmakers.

How can I bet using Payz?

Betting using Payz is actually a very straightforward process! However, if you have not yet done so, we would like to offer you a quick tutorial in just five steps:

1

Log in to the account you have with the bookie

The first step to depositing to an online bookie is to make sure you are logged in, or to make an account if you don't already have one.

2

Ensure you have the amount you wish to deposit in your Payz account

Since Payz is an e-wallet, you cannot deposit more to the bookie than your balance within the said e-wallet. So, log in to your Payz account from your device and top up your balance if it's not sufficient.

3

Navigate to the Cashier page of the website

Next, you need to find where to deposit. The Cashier page of most betting sites is found on the top right or top left of their websites, but could also be located in a drop-down menu, too.

4

Fill out the information for the payment and initiate the transfer

The casino's cashier page will prompt you to enter the sum you wish to deposit. Then, you should initiate the transfer via the Cash in button (also called Next, Submit and so on across various betting sites). Finally, enter the details of your Payz account, your username and password to finish the transfer.

5

All done!

Enjoy betting on your favorite sports! That said, if you are experiencing delays, or your funds are not getting reflected in your account, make sure you wait a couple of minutes and contact the Support of the betting site to see what went wrong.

Payz's fees and charges: everything you need to know

FeesJust as with any other e-wallet, depositing via Payz comes with its own fees and charges. The company that offers payment services through it is very transparent about what these fees are, and they can be found within its website. That said, instead of just summarizing them, we'd like to also take a look at all the other extra fees and charges you might incur at any step of the process of depositing to a betting site and then withdrawing from it using Payz!

Fees you might encounter when depositing to a betting site with Payz:

  • Fees for topping up your Payz balance: First off, to deposit with the e-wallet, you are required to have the same amount of cash within it, as we mentioned! Moving money to the Payz wallet has different fees, charged by the company behind the e-wallet, depending on what payment method you are using. The fees for a bank transfer are between 0% and 10%, with the latter being reserved for international wire transfers. There are fees between 1.69 and 7% for depositing via credit cards, and a fee of 2.99% for currency conversions. Note that there can also be other fees by the bank, or the credit card you are using to cash in with.
  • Fees for depositing to the betting site: First off, as far as Payz itself is concerned, there are never any fees for cashing in to betting sites. That said, if there is a difference between your account's base currency, and the one of the bookie, you will still have to deal with the 2.99% exchange fee. There could also be fees by the betting site for player deposits. This is actually very rare nowadays, and when such fees are present, they are never really all that high. However, it's worth checking to see whether the bookie has them before cashing in.

Fees you might run into when withdrawing from Payz:

  • Fees for cashing out of the betting site: Luckily, there are no fees for receiving money to your account by Payz itself. The only extra charges you will have to deal with can come if your account currency is different from what you are using to withdraw, as we mentioned. In that case, you will have to pay the same 2.99% exchange fee. The betting sites might also charge you for withdrawing, but, just as with the deposit fees by betting sites nowadays, such charges are very rare.
  • Fees for withdrawing from your Payz balance: The company which runs Payz charges a fee up to 10% for withdrawing from it via international bank transfers, but there are no charges for such transfers if you are within the same country. Other than that, there are no withdrawal fees by it, but, make sure you withdraw to a bank account with the same currency as your Payz account, in order to avoid the exchange fees we mentioned!

Where around the world is Payz popular?

Availability Around the WorldPayz is a global payment solution, and it can be used all over the world, provided that the bookie you are intending to deposit with accepts it. Currently, the e-wallet is used in over 180 countries, and supports over 20 different national currencies.

What's more, there is also a Payz card – a product by the company which offers the e-wallet. This card card can be used anywhere where you can deposit with a Mastercard, making it even easier to transact with Payz!

So, we can safely say that Payz has its users all over the world, and that it has a presence on every continent, be it Europe, Asia, Australia, North and South America or Africa. Out of everywhere, though, the e-wallet is probably most commonly used in Western Europe and Canada.

The newest betting sites which accept Payz:

New Betting SitesThere are newer and newer betting sites which launch every day, and a substantial amount of them accept Payz. Here is a frequently-updated list of the newest betting sites which let you cash in with the e-wallet:

The newest betting sites which accept Payz:
Casino name Rating Bonus License Launched Min Deposit Min Withdrawal
Enigma Bet 3.9 100% Match up to €100 N/A 2024 €10 €20
1Red 4.0 100% up to EUR 450 Costa Rica 2024 €20 €30
Cazimbo 3.8 100% Match up to €100 N/A 2021 €10 €10
Boom Bet 4.1 100% up to EUR 500 Curacao 2024 €20 €40
Cawino 4.1 100% up to EUR 100 Curacao 2024 €10 €10
Goldspin 4.8 100% up to €250 Curacao 2024 €10 €10
SpinyBet 4.6 50% up to 50 EUR + 20 Free Spins Curacao €20 €40
RiseOfBets 4.7 100% up to EUR 100 MGA 2024 €10 €25
SG 4.9 100% up to €100 Curacao 2023 €10 €10
Mystake 4.0 100% up to EUR 500 Curacao 2020 €10 €20

Some of your frequently asked questions about Payz, answered:

Finally, we'd like to conclude the current article with a look through some of the most frequent questions we get from our readers about Payz and depositing or withdrawing using it:

Frequently Asked Questions

Yes! In general, betting sites these days don't place any restriction on their bonuses in terms of the deposit methods of their players. That said, we recommend checking with the Terms and Conditions of each specific promotion, in order to make sure that is the case with the bonus you are trying to get!

While sending money using Payz is free, there are other fees you should also take into account. Among them are the exchange rate fees which are charged by Payz if there is a mismatch between the currency of your e-wallet account and the base currency of your betting site account. There can also be fees by the betting site you are trying to cash in with. Please refer to the section of our article above about the fees of Payz for more information!

Once approved, withdrawals via Pay, much like any other e-wallet, are instant. That said, the majority of betting sites have a certain amount of time it takes for them to get around to processing withdrawal requests. This is usually up to three days, but we always recommend taking a look at the Terms and Conditions of the betting site before cashing in, to see how long such delays could be.

The answer to this question depends entirely on the country you are living in, and how it handles taxation of gambling winnings!

If you are trying to cash out via Payz, or any other payment method, and your requests get rejected, you should look into contacting the Support of the betting site. Most commonly, such issues are due to a need for some verification, though, so don't worry about the safety of your funds!

The bottom line on depositing and betting online with Payz

Overall, we hope that this look into the world of betting with the Payz e-wallet was interesting, and that you've found a new betting site to enjoy. That said, we at BettingSites.cc would like to wish you luck in your Payz betting journey, regardless of where you end up cashing in and betting!

David Kane, Author at Bettingsite.cc

Bookmakers reviewer

David Kane

Expert opinion

David Kane is an expert content editor at BettingSite.cc, known for his detailed reviews of the newest bookmakers. His in-depth analyses and clear advice benefit both new and seasoned bettors, enhancing their betting experiences with reliable information.