Payz Casinos Explained (ecoPayz Rebrand Guide)

Alina Anisimova

Updated:21.6.2026

What Is Payz?

Payz is the current brand name of the payment service previously known as ecoCard and ecoPayz. The service has been operating since 2000 and is part of the PSI-Pay Ltd group. Payz is authorised and regulated by the Financial Conduct Authority, which ensures compliance with strict security and financial standards.

Payz originally launched as a prepaid card and alternative payment provider before expanding into a full e-wallet service. In 2008, the prepaid card brand ecoCard was rebranded as ecoPayz, which became widely adopted by online casinos and other digital merchants. More recently, the service unified its branding under the Payz name.

Despite the name change, online casinos often continue to display this payment method as ecoPayz in their cashier systems. Functionally, Payz and ecoPayz offer the same features, including online payments, transfers between users, and withdrawals to bank accounts.

Is Payz the Same as ecoPayz?

Yes, Payz and ecoPayz refer to the same payment service. Payz is the current brand name of the e-wallet previously known as ecoPayz, which itself was a rebrand of ecoCard. The underlying service, company, and account functionality have remained the same throughout these name changes.

For online casino players, there is no practical difference between using Payz or ecoPayz. The same account can be used for deposits and withdrawals, and fees, limits, and processing times are identical.

The main difference is branding. Many online casinos have not fully updated their cashier systems yet, which is why this payment method is often still listed as ecoPayz rather than Payz.

Why Do Casinos Still List ecoPayz?

Many online casinos still list ecoPayz instead of Payz because the rebrand is relatively recent and has not been fully reflected across all casino platforms. Updating payment method labels often requires technical and compliance changes, which means some operators continue using the legacy ecoPayz name in their cashier systems.

Another reason is player familiarity. ecoPayz has been a recognised payment method in online gambling for many years, and casinos are cautious about changing labels that users already trust and understand. Keeping the ecoPayz name helps avoid confusion during the transition period.

Despite the different naming, Payz and ecoPayz refer to the same service. Deposits, withdrawals, fees, and account functionality are identical, regardless of which name is shown in the casino cashier. Over time, more casinos are expected to update their systems to reflect the Payz branding consistently.

Pros and Cons of Payz

Payz offers the same advantages and limitations as ecoPayz, as both names refer to the same payment service. From a casino player’s perspective, there are no functional differences between using Payz or ecoPayz.

The main advantages include secure transactions, regulatory oversight by the Financial Conduct Authority, and support for multiple currencies and funding methods. Potential drawbacks are mainly related to standard e-wallet factors such as verification requirements and possible fees, which depend on account level and usage.

For a detailed breakdown of features, fees, and account conditions, the full ecoPayz casinos guide provides a more comprehensive overview.

Deposits and Withdrawals Using Payz at Casinos

Deposits and withdrawals made with Payz at online casinos work in the same way as ecoPayz. Although the branding has changed, most casino cashiers still display this payment method under the ecoPayz name.

To make a deposit or request a withdrawal, log in to your casino account, go to the cashier or banking section, select Payz or ecoPayz as the payment method, enter the amount, and confirm the transaction through your Payz account. Deposits are usually credited instantly, while withdrawal processing times depend on the casino and account verification status.

For detailed step by step guides, screenshots, and up to date information about fees and limits, you can refer to the full ecoPayz casinos page.

Payz Fees

Payz uses the same fee structure as ecoPayz, as both names refer to the same payment service. The fees you may encounter depend on your account level and how you use the service.

The table below shows standard consumer fees for a free Payz Classic account. Casino related fees and processing times may vary depending on the operator.

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Written byAlina Anisimova

Content Creator

A trained journalist, Alina entered iGaming in 2017, with operator-side experience at Hero Gaming. She writes and edits Mr. Gamble pages on casino bonuses, payment methods and safer gambling, using her knowledge of casino terms, deposits and withdrawals.

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