Payz Review: Learn What Makes It Safe
- Safety is one of the main aspects that makes Payz so popular. The e-wallet is regulated and certified by several authorities, including the Thawte Certification Authority and the Financial Conduct Authority in the United Kingdom.
- Payz relies on multiple safety features to protect its users, such as SSL encryption and two-factor authentication. Additionally, using this payment method doesn’t share your banking details, further increasing its security.
- By complying with the Payment Card Industry and Data Security Standards (PCI DSS), Payz ensures that only safe online casinos can accept deposits and withdrawals through this method. Furthermore, online casinos compatible with Payz are highly regulated by reputable gambling bodies.
- All the casinos featured on this page were thoroughly analyzed by iGaming experts. We only promote safe and licensed online casinos.
Did you know? |
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The Payment Card Industry and Data Security Standards (PCI DSS) council was founded in 2004 as a collaboration between several financial institutions, including Master, VISA, and Discover. |
How To Use Payz At An Online Casino
One of the best aspects of Payz is convenience. The payment method is incredibly easy to use, allowing users to quickly add funds to their player accounts or request a withdrawal at online casinos. To pay using this method, you must select Payz from the casino’s deposit page, log into your account, and enter the amount you’d like to deposit.
Here are some casinos that accept Payz:
Payz fees for deposits and withdrawals
Depositing or withdrawing with Payz is entirely free, as most online casinos don’t charge fees for using this method. However, adding funds to your Payz account or requesting a withdrawal to your bank account is subject to fees.
For instance, depositing to your Payz account via bank wire is subject to a fee between 0% and 10%, depending on your bank. Credit card deposits are subject to a fee from 1.69% to 6% plus a 0.97 AED service fee. ecoVoucher and codePayz deposits have fixed fees of 2.90% and 13.57 AED, respectively.
Withdrawing funds from your Payz wallet to your bank account has a fee between 22.87 and 38.76 AED. Withdrawals made to virtual accounts are free, while withdrawals to other Payz accounts can have a fee between 0% and 1.50%, depending on your account status.
How to deposit and withdraw using Payz
Besides being free, adding funds to your casino account or requesting a withdrawal via Payz is also very easy. Follow the guide below to quickly get started:
- Log into your online casino account.
- Go to the cashier section and press “Deposit”.
- Find Payz in the drop-down menu and click it.
- Select the amount you’d like to deposit.
- Sign into your Payz account.
- Confirm the deposit via this method.
Here’s what you should do to withdraw:
- Go to your player dashboard and click “Withdraw”.
- Choose the Payz withdrawal method.
- Type the withdrawal amount.
- Enter your Payz account details.
- Confirm.
Did you know? |
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Payz has five tiers – Classic, Silver, Gold, Platinum, and VIP. The higher your level, the higher your transaction limits will be. |
Solutions To Common Problems With Payz
Even though it’s a reliable payment method used by thousands of online casino enthusiasts in the UAE, players may occasionally encounter issues while using Payz. Check the most common issues and how to solve them:
- I can’t find Payz on the list of payment methods.
It’s likely the casino doesn’t accept Payz. If you’re trying to withdraw but used another payment method to deposit, please check if the casino allows you to request a payout to a different account. In any case, we recommend contacting customer support.
- I think my Payz account may have been compromised.
The first step is to immediately change your password. We also recommend activating two-factor authentication for higher security. Payz’s support can help you find the best solution for your case.
- I typed the wrong amount when making a deposit.
There are two ways to tackle this issue: if you’ve entered less than you intended to, you can make an additional deposit. If you deposited more, you may have to confirm if you can request a refund by contacting support.
Did you know? |
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The Payz blog is regularly updated with valuable tips and the latest news from the developers. You can also participate in giveaways and other competitions. |
Payz Pros And Cons
Using Payz has several advantages compared to other popular payment methods available in the UAE. On the other hand, it also comes with some drawbacks. Learn more about the positive and negative aspects of Payz below:
PROS | CONS |
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It doesn’t share your banking details. | Funding your Payz account or requesting a withdrawal to your bank has fees. |
Has several security features, including encryption and PCI DSS compliance. | Players must verify their identity to request higher limits. |
You can add funds to your Payz account through several methods. |
Payz vs. Other Payment Methods
You might be wondering: Why should I choose Payz instead of other online casino payment methods? Luckily, we have answers. Check how Payz compared to other payment methods available in the UAE:
Features | Payz | VISA | Mastercard | Skrill |
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Prepaid Cards | ✔ | ✔ | ✔ | ✔ |
Accepts Vouchers | ✔ | ✖ | ✖ | ✖ |
Fast Withdrawals | ✔ | ✖ | ✖ | ✔ |
Free Deposits and Withdrawals | ✔ | Depends on the casino | Depends on the casino | ✔ |
Did you know? |
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Payz is owned by IPS Solutions Ltd, a company established in Cyprus. IPS Solutions Ltd is licensed and regulated by the Central Bank of Cyprus. |
Starting Playing In The UAE With Payz
It’s evident why Payz became a top choice for players in the UAE, as it offers fast deposits and withdrawals without fees. Additionally, the payment method benefits from the industry’s best security measures, ensuring players are kept safe when using it.
On the flip side, depositing and withdrawing funds from your Payz wallets has fees. Overall, it’s a solid choice for UAE players looking to enjoy online casino games.