Payz Casino Canada: ecoPayz Wallet Deposits and Tiers

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This page adds Payz to our casino reviews for Canadians. It covers who issues Payz, its licences, the old ecoPayz name, money protection, account levels, fees and limits. It also shows each Payz casino Canada players can pick from our list, the bonus rules and how Payz compares with Interac.

Our instant withdrawal page sets the age at 19+ in most provinces, 18+ in Alberta, Manitoba and Quebec. Next.io rates Payz 18+, pointing problem gamblers to responsiblegambling.org. The video below shows how to deposit to online casinos using Payz.

Which company issues the wallet behind a Payz casino Canada deposit?

PSI-Pay Ltd’s directors call Payz “our own brand” in the company’s accounts for the year to 31 December twenty twenty-five. We found no source saying whether PSI-Pay Ltd or IPS Solutions Ltd holds the account behind a Payz casino Canada deposit today.

Anyone checking a Payz casino Canada wallet finds PSI-Pay Ltd at Companies House as an active private limited company, number 05899168. Its incorporation date is 8 August two thousand six.

PSI-Pay’s name until 23 January two thousand eight was Payment Services Infrastructure Limited. A Payz fee information document dated 6 December twenty twenty-two names IPS Solutions Ltd as the account provider.

Payz casino deposits are authorised on the wallet provider page rather than at the operator

Which UK licence lets the Payz issuer hold a player’s money?

The Financial Conduct Authority (FCA) regulates PSI-Pay Ltd as an issuer of electronic money, its accounts to 31 December twenty twenty-five say. This sits under the Electronic Money Regulations twenty eleven, with register reference 900011 for any Payz casino Canada player to check.

For players weighing a Payz casino Canada deposit, the same accounts report capital resources of £4,012,752 against an FCA requirement of £1,465,620. That is a capital surplus of £2,547,132.

The FCA register entry for FRN 900011 did not render, so its status rests only on PSI-Pay’s accounts and website. We found no regulator warning, restriction or enforcement action naming Payz, ecoPayz, PSI-Pay Ltd or IPS Solutions Ltd.

Why does a Cyprus company hold a second licence for Payz?

Brexit is the answer any Payz casino Canada player finds in the twenty twenty PSI-Pay accounts. Their Brexit section says PSI-Pay set up a Cyprus sister company with a licence passported across the rest of the EU and EEA.

The Central Bank of Cyprus register lists IPS Solutions Ltd as a licensed electronic money institution under the trade mark Payz. It holds licence number 115.1.3.28 and was authorised on 21 December twenty eighteen.

The twenty twenty accounts say PSI-Pay helped set up IPS Solutions Limited, owned by PSI Limited. Note for any Payz casino Canada player: the Cyprus register shows e-money passports to all EU member states, Iceland, Liechtenstein and Norway.

Has the Payz issuer registered with the Bank of Canada and FINTRAC?

Yes. A Payz casino Canada player searching the Bank of Canada registry finds PSI-Pay Ltd listed as Registered under the Retail Payment Activities Act. FINTRAC lists it as a registered foreign money services business with number N300001748.

The same registry lists Payz, codePayz and ecoVoucher as PSI-Pay trade names. It gives 20 July as the registration date. It shows no violations and no refusal or revocation reasons.

Anyone tracing a Payz casino Canada wallet on FINTRAC finds no entry for IPS Solutions Ltd. The Bank of Canada puts the PSI-Pay head office in Horsham, West Sussex. FINTRAC instead lists 30-34 New Bridge Street, London, EC4V 6BJ.

How did the ecoCard brand turn into ecoPayz and then Payz?

The wallet behind every Payz casino Canada option changed names twice. Finance Magnates reported on 1 July twenty thirteen that ecoCard had rebranded as ecoPayz. Gambling.com Sweden says EcoPayz renewed its brand and became Payz in twenty twenty-three.

Finance Magnates describes ecoCard as a provider of payment solutions since two thousand. It quotes managing director Phil Davies saying the name EcoCard “just didn’t fit anymore”.

A Newswire release of 22 January twenty fifteen described ecoPayz as a brand of PSI-Pay Ltd. Our research for this Payz casino Canada page found no first-hand source giving the exact day or reason for the Payz rebrand.

What is the ecoPayz website that only serves customers in Turkey?

It is ecopayz.com, which the ecoPayz website says EcoPayz Georgia LLC runs. Its user terms, last updated on 7 November twenty twenty-four, offer ecoPayz services to customers only in Turkey, not to Payz casino Canada users.

The ecoPayz website says EcoPayz Georgia LLC holds licence number 0110/481 from the Kutaisi Hualing Free Industrial Zone in Georgia. Clause 3.3 of the site’s terms of use bars sign-ups from any country other than Turkey.

The ecoPayz terms, homepage and about page name no link to PSI-Pay, IPS Solutions or Payz. No source we found for Payz casino Canada readers explains any tie between EcoPayz Georgia LLC and PSI-Pay or PSI Limited.

Who owns and controls the company that runs Payz today?

Jonathan Amrani controls PSI-Pay Ltd, the firm behind Payz casino Canada payments. PSI-Pay’s accounts for twenty twenty-three say a share deal for PSI Limited made him the ultimate controlling party with 60% of the parent.

Companies House lists Amrani with more than 50% but less than 75% of PSI-Pay shares, notified on 4 October twenty twenty-four. It lists Andrew Vincent Downes with more than 25% but not more than 50%, notified the same day.

A Payz casino Canada user checking Companies House sees Amrani as a director since 29 April twenty fifteen. It records Avraham Shaked with significant influence or control from 6 April twenty sixteen until 4 October twenty twenty-four.

What do the issuer’s yearly accounts show about Payz e-wallet income?

They show falling e-wallet income at the issuer behind Payz casino Canada deposits. The twenty twenty-five PSI-Pay accounts say PSI-Pay earned £668,955 from its own e-wallet business in twenty twenty-five. That compares with £1,545,854 in twenty twenty-four.

Total PSI-Pay turnover was £3,178,063 in twenty twenty-five, against £3,237,963 in twenty twenty-four, the same accounts say. The firm made a loss after tax of £16,196 in twenty twenty-five, after a profit of £260,634 in twenty twenty-four.

The accounts say Payz has expanded in a controlled way through new products, services and territories. For Payz casino Canada users, the PSI-Pay website lists €3Bn in turnover volumes for Payz.

How does Payz keep a holder’s money apart from its own funds?

In segregated bank accounts. PSI-Pay’s annual accounts to 31 December twenty twenty-five say it holds safeguarded client funds there, at FCA authorised credit institutions in the EEA. For a Payz casino Canada player, PSI-Pay’s website says its EMI authorisations cover safeguarding of Payz funds.

For anyone comparing safe online casinos, the same accounts list £51,471,503 of restricted cash safeguarded this way at 31 December twenty twenty-five. The figure a year earlier was £57,878,129.

Any Payz casino Canada player can point to the PSI-Pay website, which says an independent expert checks its safeguarding every year. The FCA can see the report on request.

Is a Payz balance insured if the company behind it fails?

No. Whatever the Payz casino Canada site, the PSI-Pay website says e-money it holds is not covered by the Financial Services Compensation Scheme. If PSI-Pay goes insolvent, the website says safeguarded funds return to customers ahead of all other creditors.

The website warns that an insolvency practitioner can deduct costs for paying the money out. It contrasts its safeguarding with that scheme’s cover of up to £85,000 per eligible person per bank.

CDIC’s Fintechs page, naming no company, says fintechs are not CDIC members or insured by CDIC. Our trusted casino page says cash left at a Payz casino Canada site is an unsecured claim on the operator, licensed or not.

Where can a Canadian take a complaint about a Payz account?

Start with Payz itself. The Bank of Canada tells payment service users to report issues to the provider first. If a Payz casino Canada player’s issue stays unresolved, the bank says they can contact a provincial or federal consumer protection agency.

The Bank of Canada offers no dispute resolution, fee help or privacy complaint service. We were unable to read payz.com first-hand, complaints policy included, as the site and its archived copies returned only a block page.

The Financial Ombudsman Service, naming no company, says nationality and residence do not matter for consumers of a financial business serving the UK. Searching its decisions for a Payz casino Canada case, we found none naming Payz or ecoPayz.

What protects a Payz login from someone who steals the password?

A second login code. Payz’s help FAQ, archived on 7 February twenty twenty-five, says 2 step verification codes come from Google Authenticator or are sent to the phone. A Payz casino Canada player chooses which at set up.

Payz’s security page, archived on 1 January twenty twenty-four, says the app accepts fingerprint ID or facial recognition logins. The FAQ says Payz keeps no record of the password and never asks for it.

Payz’s Terms of Use, archived on 28 November twenty twenty-three, cap a Payz casino Canada player’s liability at EUR 50. That applies to an unauthorised transaction from lost or stolen login details, with listed exceptions.

What did each of the five Payz account levels open up?

Higher levels opened bigger balances and more services. Payz’s Help and Support FAQ, as archived in February twenty twenty-five, says Classic is the level a holder gets upon initial registration. Every Payz casino Canada player starts there.

Payz’s fee page, as archived in December twenty twenty-three, gave Classic a lifetime limit of 2,500.00 EUR across deposits and transfers. The FAQ says Silver added bank withdrawals, transfers to friends and family, and higher limits.

That archived page capped balances at 15,000.00 EUR on Silver, 100,000.00 EUR on Gold and 120,000.00 EUR on Platinum, with “No limit” on VIP. Opening and upgrading a Payz casino Canada account were listed as free.

What did Payz ask before moving an account up to VIP?

VIP took 30 days at Platinum plus cumulative transfers to merchants of 250,000 Euro or more. Payz’s Help and Support FAQ, as archived in February twenty twenty-five, set that bar for any Payz casino Canada holder.

Before that came Platinum. It required 30 days at Gold, a Payz Mastercard applied for, received and activated, and cumulative transfers to merchants of 50,000 Euro or more.

For Payz casino Canada users, the FAQ tied Gold, Platinum and VIP to verification, deposits, time at the level below and merchant transfers. Third-party sites describe newer quarterly deposit thresholds, but we found no first-hand current Payz source confirming them.

What did loading and withdrawing cost on a Payz casino Canada account?

Bank wire loads were listed at 0.00% to 10.00% on Payz’s fee page, as archived in December twenty twenty-three. Credit card loads into a Payz casino Canada account were listed at 1.69% to 6.00% plus 0.25 EUR.

Payz’s Fee Information Document of December twenty twenty-two matched that page on bank withdrawals. Silver, Gold and Platinum paid 5.90 EUR by SEPA and 10.00 EUR outside SEPA, while VIP paid 2.90 EUR and 7.00 EUR.

In a September twenty twenty-four Trustpilot reply, Payz said its fixed withdrawal fee varies between 1.00 and 10.00 EUR. We found the live payz.com pages blocked, so current Payz casino Canada fees stay unconfirmed.

What happens to a Payz account left unused for six months?

It turns inactive after 6 months with no incoming or outgoing transactions, under Payz’s Terms of Use as archived in November twenty twenty-three. An inactive Payz casino Canada account holding a balance is then charged the inactivity fee.

Payz’s fee page archived in December twenty twenty-three and a Payz Trustpilot reply set that fee at 1.50 EUR monthly. The live fee page stayed blocked to us, so the figure Payz charges now is unconfirmed.

The terms let Payz close a Payz casino Canada account any time after 6 months of inactivity. A balance on a closed account stays the holder’s for 6 years from closure. After that, the eMoney is forfeited.

Which limits capped deposits and transfers on a Payz casino Canada account?

Daily merchant transfer caps limited Payz casino Canada deposits. Payz’s fees and limits page, archived on 2 December twenty twenty-three, put Classic at 1,000.00 EUR and Silver at 15,000.00 EUR. Gold rose to 20,000.00 EUR, Platinum 25,000.00 EUR and VIP 30,000.00 EUR.

That page capped a single card deposit into Payz at 200.00 EUR on Classic and 1,000.00 EUR on Silver. Gold allowed 1,500.00 EUR, Platinum 2,000.00 EUR and VIP 2,500.00 EUR.

The page set a 5.00 EUR minimum for a Payz casino Canada player sending wallet money to a bank. The largest bank transfer from Silver upward was 500,000.00 EUR.

Can a Canadian resident still open a Payz account at all?

We found no first-hand Payz statement on whether Canadian residents can open an account today. No source we found gives a Payz rule for any Canadian province or confirms Payz casino Canada use at Ontario regulated sites.

Payz’s fees and limits page, archived on 2 December twenty twenty-three, lists footer countries from Åland Islands to Zimbabwe without Canada. Yet its limits table carries a “Deposit by Interac” section, and no first-hand source settles the clash.

Payz’s Terms of Use for the User Account were archived on 28 November twenty twenty-three. A Payz casino Canada user must not be established and tax resident where Payz does not provide its services.

Does Payz hold Canadian dollars, or does every deposit get converted?

It holds them. Payz’s fees and limits page, archived on 2 December twenty twenty-three, lists CAD among 54 currencies. Payz’s Help and Support FAQ, archived on 7 February twenty twenty-five, lists CAD among 51 codes for opening a Payz casino Canada account.

PSI-Pay Ltd’s yearly accounts to 31 December twenty twenty-five cite 56 currencies, and the PSI-Pay website lists 44. Payz’s fee page supported 50 from Silver upward, and our deposit page says Casino.org puts ecoPayz at 45.

Payz’s card fees and limits page, archived on 31 March twenty twenty-four, lists eight currencies without CAD. The archived FAQ footnote put a 2.99% exchange fee on every Payz Mastercard transaction, Payz casino Canada users included.

How did loading a Payz wallet by Interac work for Canadians?

Classic accounts had no Interac route on the Payz fees and limits page, archived on 2 December twenty twenty-three. Daily Interac caps for a Payz casino Canada wallet ran from 400.00 EUR on Silver to 1,300.00 EUR on VIP.

That page set monthly Interac caps at 1,500.00 EUR on Silver, 3,000.00 EUR on Gold, 4,500.00 EUR on Platinum and 5,200.00 EUR on VIP. We found no Payz page giving the Interac fee or any fee in CAD.

Our Interac casinos page puts typical daily e-Transfer ceilings at Canadian banks between one and three thousand dollars. Payz’s Terms of Use for the User Account made every Payz casino Canada wallet top-up final and irreversible.

How does Payz check a Canadian holder’s identity and source of funds?

Payz asked for one photo ID, one separate address document and a selfie before upgrading a Payz casino Canada user to Silver. The Payz Help and Support FAQ listed all three in its Wayback copy of 7 February twenty twenty-five.

For regular incoming payments, Payz asks where the money comes from, says the Payz blog on 5 April twenty twenty-three. It can request bank statements, tax declarations or other documents. Verification finishes within two business days, the same FAQ said.

Kasinokamut says Payz KYC does not replace a Payz casino Canada site’s own checks on identity, address, payment method and source of funds. Certain Payz casinos stop players from withdrawing winnings until the Payz account is verified, says next.io.

Which casinos on our list accept a Payz casino Canada deposit?

24Casino accepts Payz both ways, as our 24Casino review notes AskGamblers lists it for deposits and for withdrawals. Melbet is another Payz casino Canada option, since our Melbet review notes AskGamblers lists Payz there for both directions.

Casinova Casino is a Payz casino Canada choice too, as our Casinova review notes our sister site lists ecoPayz for Canadian accounts there. Our Slota review notes AskGamblers adds Payz to the Slota Casino deposit options.

Gambling.com lists EcoPayz among the e-wallets at Sportaza Casino, as our Sportaza review notes. Our Roman Casino review notes CasinoGrounds adds ecoPayz to the payment list at Roman Casino.

What minimum and maximum amounts do our listed casinos set for Payz?

Our sister site puts the Casinova Casino ecoPayz deposit range at C$20 to C$10,000, our Casinova review notes. For Payz casino Canada players at Sportaza Casino, Gambling.com shows EcoPayz at $10 for deposits but $20 for withdrawals, our Sportaza Casino review notes.

Squawka Canada says typical ecoPayz minimums start from C$10 at a Payz casino Canada cashier. The €2,000 daily cap at Gamblezen makes payout timing matter more there, our Gamblezen review says.

The Spike says certain platforms support ecoPayz only for deposits. Our deposit page says Durham Post warns against casinos that pair high deposit limits with low withdrawal caps. A large win can then trickle out over weeks.

When can a casino pay winnings to Payz, and how quickly?

A Payz casino Canada site generally pays winnings to ecoPayz only after a deposit from ecoPayz, under the closed-loop principle, says Squawka Canada. The Spike says certain operators approve an ecoPayz withdrawal in minutes, while others take up to 48 hours.

Kasinokamut says a withdrawal from a Payz casino Canada site can stall in three cases. These are no Payz deposit, different names on the two accounts, or incomplete casino KYC.

Our page on fast payout casinos says e-wallet payouts land anywhere from under one hour to a day after approval. The queue at the wallet provider sets that speed.

Will a Payz deposit still qualify for a casino welcome bonus?

Not always for a Payz casino Canada player, and sources split. Squawka Canada says a large share of Canadian-facing casinos exclude ecoPayz deposits from the welcome bonus. Gambling.com Norway says its own checks found no welcome bonus that disqualified ecoPayz.

Kasinokamut found one casino whose Finnish campaign excludes Skrill, Neteller and Paysafecard deposits but not Payz. Our DepositWin review notes Wizard of Odds says Skrill, Skrill Rapid Transfer, EcoPayz and Neteller deposits earn no deposit bonus at DepositWin Casino.

Kasinokamut says Payz does not automatically get around e-wallet bonus restrictions. Before a first Payz casino Canada deposit, read each campaign’s e-wallet list separately, beside its wagering requirements.

Does Payz itself allow payments to online casinos and betting sites?

Yes, PSI-Pay Ltd counts gambling merchants inside the network behind a Payz casino Canada payment. Its accounts to 31 December twenty twenty say EcoPayz merchants can be regulated where they are based and where local law places the gambling transaction.

We found the gambling payments clause in the current Payz user terms unreadable. Clause 16.7 of the ecoPayz terms of use, from EcoPayz Georgia LLC and not Payz, bans payments tied to illegal betting, casino and poker services.

In any readable source, we found no Payz gambling block, spend limit or responsible-gambling feature for a Payz casino Canada player. The Payz App Store listing names none.

Is Interac or Payz the better route into a Canadian cashier?

Interac wins on bonuses and Payz on payout speed at a Payz casino Canada cashier. Squawka Canada says Interac is almost always bonus-eligible, while ecoPayz is often excluded. Our casino deposit page notes Squawka ranks e-wallets first for payouts, within 24 hours.

Our payment methods page says a wallet shows the casino only the wallet account, while Interac shows the player’s name and bank. It adds that e-wallets settle inside their own network at the same speed any day.

Our InstaDebit casino page says a wallet credits a payout in minutes. For a Payz casino Canada player, the separate bank withdrawal adds back the business day the wallet appeared to save.

Who gets the most out of a Payz casino Canada account?

A player whose casino still lists Payz gets the most from it. Squawka Canada says ecoPayz availability at casinos is narrower than it once was, so check the cashier before opening a Payz casino Canada account.

In Norway, AffPapa says Skrill and Neteller stopped online gambling payments from 8 December twenty twenty. AffPapa adds that ecoPayz was then the only viable alternative for Norwegian gamblers. Gambling.com Norway says Payz no longer operates there.

Kasinokamut says closing or restricting the Payz account can work beside casino self-exclusion. The Payz Terms of Use archived in November twenty twenty-three let a Payz casino Canada player close a new account free within 14 days.

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