Pros and cons of using Payz at top Ontario online casinos
No payment method is without its own positives and a few drawbacks. We’ve rounded up the pros and cons of using Payz at casino sites in Ontario.
Pros and Cons
- Fast deposits and withdrawals
- Top-tier privacy and security features
- Supported at several Ontario casinos
- Can be used for up to eight currencies
- Funding fees may apply to wallet top-ups
Making a payment with Payz is easy
Payz is an e-wallet that lets you make payments without having to enter your bank or card details directly at online casinos or any other site. So you fund it first, then use your balance to make payments at Ontario online casino sites accepting Payz.
You can also link your debit cards or bank details to your wallet, and it easily supports up to eight different currencies. Payments are super-fast, often taking just a few minutes for deposits, and a few hours for withdrawals. You just need to have your account funded, and then choose Payz as your preferred option on the casino’s payment page, enter the required info, and approve the transaction in your wallet when prompted.
The major plus is that your card and banking details aren’t shared with the casino, which is one of the main reasons it’s chosen by players in Ontario.
If you’ve used other e-wallets, the process is very much the same and you can check all you’ve spent on gaming easily in your payment history. We should mention though, that sometimes the casino name won’t appear exactly as it does on the site. It could be the name of the parent company that shows up for instance. So it’s always good practice to double and even triple check the amounts before approving the payments in-app.
Withdrawal and deposits with Payz couldn't be easier
Deposits and withdrawals with Payz are similar to other e-wallets supported at casino sites that accept Payz. Deposits are usually instant, while withdrawals take slightly longer mainly because online casinos do have to complete their own checks before sending your winnings to your wallet. It helps if you’ve verified your identity and completed KYC beforehand.
How to make deposits at Ontario casino sites accepting Payz
There’s no learning curve to be bothered about here, everything can be wrapped up in minutes as long as you’ve already funded your Payz account or linked a functional card to it. Here are the steps to making a deposit:
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Log in to your casino account or create a new one at any of our recommended casinos using the links on this page
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Go to the banking page by clicking on deposits (a few casinos have the plus sign right beside your account balance for faster access)
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Choose Payz from the list of available payment options
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Enter the amount you want to deposit
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Approve the payment from your Payz wallet
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Return to the casino page to see your updated balance
Deposits are normally instant from our time using this payment method, and Payz doesn’t charge any deposit fees. The minimum amount you can deposit also varies depending on the casino you’ve chosen to play at, but we’ve found the range to be between $10 and $20 tops.
Remember that if your Payz account is empty you’ll need to fund the wallet first, and doing so may depend on how fast your bank or card authorizes the transaction. The good news is that it takes just a few minutes with most banks. Exceptions can apply though.
How to make a withdrawal at the best Payz online casinos in Ontario
Withdrawals often come with a few requirements. First, you won’t be able to access your winnings without verifying your identity at the casino and also with Payz.This is pretty standard across all licensed brands in Ontario. It's not a difficult process either, and we'll go into more details in the next section. Also, withdrawals always go to your wallet first before you can move the funds to your bank account if you prefer.
Here’s how to use Payz for your withdrawals.
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Log in to your online casino account and be sure you have withdrawable funds that have met the wagering requirements
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Open the cashier and choose the withdraw option
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Enter the amount you want to cash out
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Submit the request for the casino to review and process
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Once approved, the funds will be sent to your Payz wallet
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Use your money directly from the Payz app or move it to your bank account if preferred
Withdrawals can take a few hours or less depending on how fast your chosen casino reviews and processes your request. Payz doesn't usually hold on to your funds as it releases it and notifies you as soon as the money reaches your account, and there are no Payz fees for receiving casino withdrawals.
Top casinos that accept Payz
1.
2.
Visit Provider
+19 T&C's Apply, Please play responsibly
3.
Visit Provider
+19 T&C's Apply, Please play responsibly - Gambling can be addictive
4.
5.
Visit Provider
+19 T&C's Apply, Please play responsibly
Payz verification requirements you’ll want to know
Just as you’ll find at
Ontario casino sites accepting Payz, you need to verify your Payz account to fully access its services, including making withdrawals or even requesting for virtual cards. Here's what is required for the verification process:
- A government-issued ID:
This can be your passport, national identity card, or driver’s license with your picture. It must clearly show your name, date of birth, and ID number.
- Proof of address:
Your proof of address can be a recent bank statement, a utility bill, or a certificate of residence. As long as it shows your full name and address, and is dated within the last three months, you're good to go.
- A selfie:
This is simply to show you’re the owner of the ID provided. You’ll have to take a clear picture of your face with no one else in the background. That’s usually everything Payz asks for. Reviews can take up to two business days, but most people tend to get verified within a few hours or by the next day. You’ll receive an email when your account is approved.
The history of Payz from ecoPayz to becoming a global payment method
Payz started out as EcoCard in the UK in 2000, mainly as a digital wallet for fast online payments. And it expanded its services to other countries as more people, including online casino players, choose e-wallets over traditional payment options.
In 2023, ecoPays was rebranded to Payz. Not much changed about its services, but the restructuring was to better position it as a global payment provider. We've rounded up its history in a simple table below:
| Year |
Event |
| 2000 |
EcoCard launched as an e-wallet |
| 2013 |
Rebranded to EcoPays. Became FCA-regulated in the UK and stepped up its compliance standards |
| 2015 - 2020 |
Expanded globally |
| 2023 |
Rebranded to Payz |
Ontario casino sites accepting Payz also give you other options to manage your payments and you're not limited to one or a few choices. So how well does Payz perform when compared to other popular payment methods? Quite well in our opinion, and you may also agree by the end of this section.
Ontario casino sites accepting Instadebit
allow payments directly from your bank so it’s fine if you want a direct link to your bank account for online casino payments. But if you want a bit more privacy, Payz could be a better fit. On the plus side though, Instadebit doesn't need a top-up as Payz wallet does.
💳 Credit cards and debit cards
Cards are probably still the most common payment methods but they come with two drawbacks. First, some banks block casino transactions, and secondly, you usually can’t receive withdrawals back to the card. You don't need to worry about either of these issues if you use Payz.
Apple Pay is fast for deposits and there are a few
Ontario casino sites accepting Apple Pay
that you may want to check out. But you can't withdraw with it, unfortunately. This makes Payz a better option as it takes on both deposits and withdrawals.
Paysafecard is good if you don’t want to use a bank or card at all, but it’s deposit-only. And you’ll still need another method to withdraw.
Three essential facts about using Payz Casino sites Canada
We’ve covered quite a lot about Ontario casino sites accepting Payz. Here, we've rounded up three very important facts when it comes to using this payment option just like we did for
Ontario sports betting sites accepting Paysafecard.
| Payz keeps your banking details private |
Everything goes through your Payz wallet, so it acts as a barricade between you and your chosen online casino. The casino never handles your card or bank information at any point. |
| You can carry out deposits and withdrawals |
A lot of e-wallets only work one way, mainly letting you fund your accounts but unable to accept withdrawals. That's not the case with Payz though, you can do both with ease. |
| Complete verification is required to access Payz’s full features |
You won't be able to withdraw or request any of the added perks like having a virtual card until you pass the KYC and identity verification processes. It’s nothing unusual. You just need a proof of ID, proof of address, and a selfie, and most users get cleared within a few hours or a business day. |
The best Ontario online casinos accepting Payz
We don't have a long list of casinos to recommend, but that's totally fine as only the best sites made the cut, that's bet365 and Spin Casino. Let's take a closer look at each:
bet365 Casino - a huge game library with lots of variety
Bet365: Pros & Cons
- All leading sports
- Popular sports highlighted
- Large casino
- Live casino games
bet365 is a great choice when considering the best Ontario casino sites that accept Payz, especially due to its variety and well-rounded game library. You’ll find over 3000 casino games from reputable game studios like Pragmatic Play, IGT, Play’n GO, and Evolution Games. The game categories are just as impressive and span slots, table games like blackjack, slingo, poker, bingo rooms, live dealers, and crash games.
PayZ works well on bet365 the minimum deposit is set at $10, and withdrawals take a few hours after being processed. Bear in mind that your identity must be verified before making a withdrawal request.
Spin Casino - over 1,000 games and easy Payz deposits
Spin Casino: Pros & Cons
- Hundreds of slots
- Casino table games
- 24/7 customer support
- Licensed and approved in Ontario
- No sports betting available
Spin Casino isn’t the biggest in Ontario, but it's got a lot of positives and is becoming the go-to for online casino games in Ontario. The lobby has a little over 1,000 games, with slots taking the top spots. There are also several variations of table games like baccarat, jackpot games and live dealers.
You’ll have access to games from the same well-known studios present at top online casinos such as Microgaming, Pragmatic Play, and Play’n GO.
PayZ deposits start at $10 also, and your casino account gets funded as soon as you approve the payment in your wallet. Withdrawals are just as fast in our experience.
Conclusion – Payz is at par with popular payment methods at Ontario casinos
As we round up our review of Payz and its efficiency at Ontario casinos, we can confidently say it holds its own. Payments are easy, and the wallet acts like a barricade between you and the casino so your card details aren’t shared with any site, not even the secure ones. That alone is a big plus.
We’ve also recommended two of the top casinos accepting this payment method including the powerhouse, bet365 Casino and Spin Casino. We do expect this lineup to increase as more casinos step up to our selection criteria.If you’ve been undecided about using Ontario casino sites accepting Payz, we’d say it’s in the clear from our findings, and you can start with our two recommended casinos right now using the links on this page.
Great casinos that take Payz
1.
2.
Visit Provider
+19 T&C's Apply, Please play responsibly
3.
Visit Provider
+19 T&C's Apply, Please play responsibly - Gambling can be addictive
4.
5.
Visit Provider
+19 T&C's Apply, Please play responsibly
Ontario casino sites accepting Payz FAQs
🔒 Is Payz safe for online casino payments in Ontario?
Yes. Payz keeps your banking details private and hidden from the casino. It also has top-tier security and verification checks in place.
💰 What is the minimum Payz deposit at Ontario casinos?
Most Ontario casinos set the Pay minimum deposit at around $10. But this varies depending on where you play.
🏦 Can I withdraw my casino winnings with PayZ?
Yes, Payz supports both deposits and withdrawals at licensed Ontario casinos.
🆓 Does Payz charge fees for casino transactions?
Not at all. Payz doesn’t charge fees on casino deposits or withdrawals, but your bank may when transferring your funds over to it or when funding your Payz wallet.
