Best Payz (EcoPayz) Online Casinos in Canada 2024

What is Payz and how does it work at online casinos?

Founded in 2000, Payz, formerly known as ecoPayz, is one of the older digital wallets and payment solutions you'll come across, and one of the most widely accepted. With support to businesses and customers in 159 different countries, in 45 different currencies (including Canadian dollars), and multilingual support in many different languages, it also has one of the largest reaches globally of any payment method in 2024.

More specifically, there are two different ways you can fund your online casino account using Payz. The first is by registering an account and then funding it with your credit card, debit card, or other payment method. Once you have funds in your Payz account then it's super simple to transfer that money any time you sign up for a new casino (similar to how PayPal and other e-wallets work). The second method is called ecoCard, which is a pre-paid debit card of sorts you can use at millions of vendors (including online casinos). This is great if you don't want to link up an e-wallet or credit card account with an online vendor or gaming site.

In 2023, Payz underwent a rebrand, not just changing its name from ecoPayz but also expanding its services to cater to both mobile and online payments. Now, the e-wallet can be used in a whopping 160 countries, and it supports 48 different currencies – talk about going global! Payz has also been making waves because of its serious commitment to sustainability, taking solid steps to shrink its carbon footprint and encouraging other businesses to hop on the green bandwagon.

Features that Payz users love

The provider's biggest selling point is its super strong security, which we go into a little later. But Payz users in Canada also love the many different options you have in which to fund your account (credit card, bank transfer, etc.) and the speed with which you can go from registering to depositing and playing great casino games since there is no account verification process like with other e-wallets.

Many are also big fans of the Payz virtual card, also just called ecoCard. This is a pre-paid card the company offers that you can purchase and then use like you would a good gift card. Not only can you use both this card and your regular account at casinos accepting Payz, but you can use it at any other accepting vendor on the internet (of which there are many). Finally, when it comes time to cash out your real money casino winnings, you can do that straight back into the same Payz account you deposited from.

Pros & cons of using Payz

Pros

Payz offers easy e-wallet transactions, assuring quick deposits and withdrawals at online casinos.
You can use Payz at numerous online casinos in Canada.
Payz utilizes advanced encryption technologies offering secure transactions.
It supports 48 different currencies, handy for international gaming.
There are no fees for basic transactions like account-to-account transfers.

Cons

While basic transactions are free, things like funding your account using a credit card will have a 3.5% fee.
If your account is inactive for over 12 months, a $1.50 per month charge kicks in.
Not all casinos accept Payz as a payment method.
Fluctuating conversion rates mean the current currency conversion fee of 2.99% could add up, depending on the amount you’re transacting.
Features may not be available or might vary depending on your location.

How to make casino deposits using Payz

As you might guess from the payment method's widespread success and popularity, making online casino Payz deposits is very simple. If you are just using their e-wallet services, all you have to do is sign up for a free account and then fund it with money from your bank account, credit card, debit card, e-check, or other payment method.

Once the funds are in, you'll go to the sign-up page at your new online casino of choice (or the banking page if you're already a member). From the list of payment options, select Payz and then how much you want to transfer. This transaction is usually instant, meaning you are ready to start playing your favourite table and slot games right then. If you wish to use the Payz virtual card instead of the e-wallet, the funding process is very similar, and you'll usually select 'debit card' as your deposit method.

What fees are associated with Payz in Canada?

With Payz, you won't incur fees for:

Holding an account
Depositing money into your e-wallet
Depositing alternate currencies
Taking cash out
Moving money between accounts.

However, some transactions are applicable, depending on your region and banking method. These include:

Funding your Payz account using your credit card: 3.5% fee
An inactive account for over a year: $1.50 per month
Cash service fees for gaming and lottery: 4% (with a minimum charge of $0.80)
Currency conversion: 2.99%.

Payz FAQ

What is Payz?

Payz is an online payment solution (e-wallet) that lets you make easy and quick payments to countless different internet vendors, including online casinos.

There is also the ecoCard, a pre-paid debit card you purchase and make online payments with.

The company was founded in 2000, and its payment options are supported in 159 countries and 45 different currencies, including CA dollars.

How does it work?

Once you register for an account with Payz (formerly ecoPayz), you’ll have to load funds into it using your credit card, debit card, e-check, or bank account. Once the funds transfer in, you can quickly make deposits at online casinos just by providing your account name or number.

Can you use Payz at online casinos?

Absolutely! Payz is supported at online casinos across the globe, including Canada. Check out the toplist on this page for expert recommendations.

Is it a safe payment option?

Absolutely, and Payz’s extremely strong security is what draws many players to use it in the first place.

The payment method’s 256-bit SSL encryption is technology authorized by the Financial Conduct Authority (FCA) and complies with the latest Payment Card Industry and Data Security Standards (PCI and DSS).

How fast are Payz deposits and withdrawals?

Payz withdrawals typically take between one and two business days to process.

How does it compare with similar payment methods?

For Payz Canada users, the payment method is generally cheaper to use than some of its similar e-wallet competitors, and it’s also a little bit quicker.

The biggest drawback of Payz is its fees, and there are some countries and currencies that aren’t accepted.

But if you live in Canada and are using CA dollars, you will have no issue at all.

2024's Best Payz online casinos

Top Payz online casinos Canada (November)