What is Payz?
Payz is the wallet Australians knew for two decades as ecoPayz — the rebrand landed in May 2023, but the operator (PSI-Pay Ltd, an e-money institution authorised by the UK Financial Conduct Authority), the accounts and the logins all carried over unchanged. Casino cashiers have been slow to follow: you’ll still see the deposit option labelled ecoPayz at some casinos and Payz at others, and they’re the same wallet either way.
The product itself is a classic casino eWallet with unusual breadth: Payz lists Australia among 190+ supported countries, holds 50+ currencies, and sits between your bank and the casino so the cashier only ever sees your Payz account — never your card or bank details. An earlier version of this page reported Payz as unavailable to Australians; as of our July 2026 check, Australia is back on (or was never fully off) its supported-countries list, and sign-up from Australia is open.
Top Payz Casinos
How to Deposit with Payz
- Open a free account at payz.com or in the iOS/Android app.
- Complete identity verification — this upgrades you from Classic to Silver tier, which you’ll want anyway (it unlocks bank withdrawals).
- Fund the wallet; local bank-transfer options are the cheapest route, while card funding carries method-dependent fees.
- In the casino cashier, select Payz (or ecoPayz — same thing) and enter your deposit amount.
- Log in on the Payz payment screen and confirm — funds land in your casino balance instantly.
Account Tiers and Fees
Payz prices by loyalty ladder rather than flat rates. Everyone starts at Classic; verification promotes you to Silver, and transaction volume climbs you through Gold and Platinum towards VIP. What changes on the way up:
- Paying a casino from your balance is free at every tier.
- Currency conversion costs about 2.99% at Classic and Silver, compressing to roughly 1.25% at the top tiers. As with every multi-currency wallet: hold AUD, play at AUD cashiers, and the FX line never touches you.
- Funding fees vary widely by method and region — check the in-app fee display before committing to a route, and prefer bank options over cards.
- Bank withdrawals require Silver or above and carry a per-transfer fee, so batch your cashouts rather than drip-feeding them.
Withdrawing Casino Winnings
Most casinos that carry Payz support withdrawals back to it — typically processed within 24–48 hours of casino approval, received into your wallet free. From there, a verified account can transfer to your Australian bank. Two habits worth forming: confirm the casino’s withdrawal menu actually lists Payz before you deposit (a minority are deposit-only), and complete your casino identity verification early so your first cashout isn’t held up by paperwork.
Is Payz Safe?
The regulatory picture is solid: PSI-Pay Ltd is FCA-authorised, meaning customer balances are safeguarded e-money held separately from company funds, and the platform runs standard encryption and two-factor authentication. The casino never receives your banking details — only payment confirmation. Use a unique password, enable 2FA, and stick to licensed casinos. If gambling is affecting you, free and confidential support is available from Gambling Help Online (1800 858 858).
For most Australian players choosing their first wallet, MiFinity remains our default recommendation for its steadier local casino coverage and simpler fees — Payz earns its place for multi-currency players with enough volume to climb the tiers, and for anyone whose favourite casino still lists ecoPayz in the cashier.
Payz FAQs
Is Payz the same as ecoPayz?
Yes — ecoPayz rebranded to Payz in May 2023 under the same operator, PSI-Pay Ltd, an e-money institution authorised by the UK Financial Conduct Authority. Existing accounts, balances and logins carried over; only the name and app changed. Casino cashiers are slow to catch up, so you'll still see the method labelled "ecoPayz" at some casinos and "Payz" at others — they're the same wallet.
Can Australians use Payz at online casinos?
Yes. Payz lists Australia among its 190+ supported countries, sign-up is free, and the wallet supports 50+ currencies. A number of casinos serving Australian players carry it in the cashier under either the Payz or ecoPayz label. As with any eWallet, confirm it appears in both the deposit and withdrawal menus before making it your main method.
What fees does Payz charge?
Paying a casino from your balance is free, and Payz's costs follow its account-tier ladder. Everyone starts at Classic and is upgraded to Silver on completing identity verification — which also unlocks bank withdrawals. Currency conversion runs about 2.99% at entry tiers, compressing towards 1.25% at the top tiers, funding fees vary widely by method (local bank options are cheapest), and bank withdrawals carry a per-transfer fee. Hold AUD and avoid conversions where you can.
Can I withdraw casino winnings to Payz?
Yes — most casinos that list Payz/ecoPayz support withdrawals back to it, typically processed within 24–48 hours of approval. You'll need a verified (Silver or higher) account to then move money to your bank, and the transfer carries a fee, so batch your cashouts. Expect the standard identity check on your first casino withdrawal.
Should I use Payz or MiFinity?
Both are FCA-regulated multi-currency wallets that keep your banking details away from the casino. MiFinity has the steadier Australian casino coverage and a simpler flat fee schedule, which makes it the better first pick for most players. Payz's tier system rewards volume — if you transact enough to reach Gold or above, its FX costs drop below MiFinity's. Casual players: MiFinity; high-volume multi-currency players: Payz is worth a look.