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With the rapidly expanding iGaming sector,the need for versatile payment options has become a standard expectation among casino operators, enabling them to offer a diverse selection of paym ent methods  to their players.

This is why Payz has emerged as a vital payment choice in numerous casinos featured in our Canadian online casino reviews . This payment service has been established since 2000, initially under the name Ecopayz. After a rebranding effort in 2023, the newly branded Payz now proudly serves millions of users globally.

Keeping that in mind, let’s explore the following Payz Casinos review to uncover the advantages this e-wallet brings.

Payz Casinos Review – Safety first!

Launched in 2013, this e-wallet has become a preferred payment option for leading online casinos. This secure payment platform operates under a safety-first GDPR standard , utilizing advanced SSL encryption to safeguard users' data.

Authentication is essential for security. To set up a Payz account, clients must meet the KYC identity verification standards , requiring players to present valid identification and proof of residence, typically in the form of a utility bill.", ' have increasingly become a preferred option for leading casinos to include in their payment selections.', "We've assembled a straightforward guide to assist you in using Payz across various online casino platforms.

Did you know?
Cryptocurrencies sign up for Payz casinos in Canada

How to use Payz at Online Casinos?

Create your secure Payz account in just a few minutes.

If you haven't already set up an account, you can easily sign up for Payz without any fees.
Visit your online casino and navigate to the Payment Settings section.
  1. Select Payment Methods and utilize the dropdown menu.
  2. When you select Payz, this option enables you to conduct transactions in a variety of currencies.
  3. Are there any charges associated with deposits and withdrawals at Canadian Casinos?
  4. Choose Payz

The fees for deposits and withdrawals through Payz vary based on the country of operation. In Canada, the fees associated with Payz are generally regarded as reasonable.

Transferring funds from your Bank into Payz incurs a charge ranging from 0% to 7% of the deposited amount.

Depositing from your Payz account to an online casino is most cost-effective, attracting only a fee between 1% and 1.5% of your transaction.

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Payz Casino Welcome Offer
Bzeebet $2,000 Bonus + 100 Free Spins 35x Wager
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Dunder $50 Bonus + 50 Free Spins 30x Wager
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Boho Casino $900 Bonus + 225 Free Spins 40x Wager
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CatCasino $300 Bonus + 100 Free Spins 45x Wager
payz casinos canada payment methods
Enter the amount you wish to deposit or withdraw.

Select Payz from the dropdown payment method menu.

  1. Go to your preferred online casino
  2. Choose Payment Settings
  3. Choose Deposit or Withdraw
  4. In terms of deposits, the funds are instantly credited to your casino account. Withdrawals typically take between 1 and 5 business days.
  5. Payz has a five-tier loyalty program, starting from Classic and reaching up to VIP. The higher your tier, the more payment benefits you receive.
  6. Choose Deposit / Withdraw

Solutions for common challenges when using Payz at Online Casinos

Did you know?
Every system can encounter issues, so we can't conduct a Payz casinos review without mentioning common frustrations. CanadaCasino has compiled the most frequently reported system query issues from players in Canada.

My casino account crashed while processing a deposit or withdrawal – Don't worry. Every transaction is logged by both your Payz account and your online casino partner. Reach out to the casino's 24/7 chat support to report the issue and confirm whether the transactions were successful; if not, you’ll receive a refund.

What should I do if my chosen online casino doesn’t offer Payz as a payment option? Most premier casinos in Canada support Payz. We recommend checking the payment methods available at the casino prior to registering.

Did you know?
We are outlining some pros and cons associated with the Payz payment method.Fastest Payout Casinos in Canada .

Understanding deposit fees can be a bit intricate due to the 5-tier loyalty program.

It also offers a Payz Card, which serves a function similar to that of a Mastercard.

Pros Cons
Found in most top casinos in Canada As part of our Payz casinos review, we’re providing a comparative table that weighs Payz against other Payment Methods.
Prioritizes GDPR and user safety
Payz's popularity continues to escalate daily. It is known for its speed and reliability, offering customers enhanced security and control. Moreover, Payz was a finalist for the 2019 FSTech Awards for ‘Partnership & Collaboration’ of the year due to their collaboration with Western Union and was also a contender for the 2019 Global Gaming Awards for ‘Payment Solutions’ of the year.
Fast Deposits

Payz vs. Other Payment Methods

With numerous Payz casinos welcoming Canadian participants, this payment method is now available at many of the country’s foremost establishments.

Features Payz Bank (Visa/Mastercard) Crypto (Bitcoin, Litecoin etc.) Instant Payment Methods
Fast Withdrawals ✔ ✖ ✔ ✔
Data Protection ✔ ✔ ✔ ✔
Mobile App ✔ ✖ ✔ ✖
50+ Currency Conversion Option ✔ ✖ ✖ ✖

Payz A Safe and Fast Payment System

Can I utilize Payz as a payment option without having a Payz account?

Unfortunately, you cannot. The positive news is that establishing a Payz account is both free and quick. online casinos as your preferred payment solution.

Frequently Asked Questions

Transferring funds from your bank to Payz incurs a charge ranging from 0% to 7%. Transferring from your Payz account to an online casino is the most economical option, with fees only between 1% and 1.5% of the amount.
What are the withdrawal charges associated with Payz?
Withdrawals from an online casino to your bank account using Payz typically cost between $8 and $14.
Yes, it features a 5-tier loyalty program, including Classic, Silver, Gold, Platinum, and VIP.
Absolutely. It supports over 50 different currencies worldwide.
CanadaCasino offers expert evaluations of licensed operators, guaranteeing you play at secure and trustworthy sites. We advocate for responsible gambling (19+, ResponsibleGambling.org) and promote enjoyable and safe gameplay. Always remember, gambling should be a source of entertainment, not a means to earn money. Stay in control and gamble responsibly!
Author
Lara
Casino Content Writer
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