Last Updated on November 20, 2025
If you’re a Kiwi player wanting a well-established e-wallet that’s been trusted in online gambling since 2000, Payz (formerly EcoPayz) offers multi-currency accounts, rapid casino transactions, and a track record with hundreds of casino sites worldwide. This veteran payment provider gives NZ players the ability to manage gambling funds separately from their main bank account while enjoying near-instant deposits and withdrawals that typically clear within 24 hours. This comprehensive guide covers everything from account verification tiers to actual casino performance, with honest reviews of the best NZ casinos accepting Payz. 💳
Top Rated Payz Casino Sites
🎯 What exactly is Payz and why NZ players use it
Payz launched as EcoPayz back in 2000, making it one of the longest-running e-wallet services in online gambling. The company rebranded to Payz in 2022 but kept the same infrastructure that’s processed billions in transactions over two decades. For New Zealand players, it functions as a digital wallet between your bank and casinos, giving you control over gambling budgets with a layer of separation from your primary finances.
What sets Payz apart is the tiered account system. You start with a Classic account (free), but can upgrade to Silver, Gold, Platinum, or VIP levels by meeting verification requirements and transaction volumes. Higher tiers unlock better exchange rates, lower fees, and dedicated support. Payz also offers a physical Mastercard for spending winnings directly at shops or ATMs, which most e-wallets don’t provide.
For Kiwis, Payz supports NZD as one of its 45+ currencies, and operates under FCA regulation in the UK, providing strong consumer protections.
💰 How Payz deposits and withdrawals work at NZ casinos
Making Deposits
Head to your casino’s cashier and select Payz. You’ll be redirected to the Payz secure login page. Enter credentials, select your currency if you hold multiple, enter the deposit amount, and confirm. Funds typically appear in your casino balance within 30 seconds to 2 minutes. It’s genuinely instant for practical purposes.
✅ Time-Saving Tip: Enable “Stay logged in” on your Payz account if using a personal device to reduce the deposit process from 6 steps to 3.
Withdrawing Your Winnings
Once the casino approves your withdrawal (instant to 48 hours depending on the site), funds hit your Payz account within 2 to 8 hours. From there, keep the money in Payz for your next session, transfer to your bank (3 to 5 business days), or spend it via the Payz Mastercard.
Processing Times Breakdown
| Transaction Type | Typical Timeframe | Notes |
|---|---|---|
| Casino Deposit | Instant to 2 minutes | Funds appear immediately in most cases |
| Casino Withdrawal to Payz | 2 to 24 hours after approval | Depends on casino processing speed |
| Loading Payz from NZ Bank | 1 to 3 business days | Bank transfer method, instant with debit card |
| Payz to NZ Bank Account | 3 to 5 business days | Standard for international e-wallet transfers |
Transaction Limits
Limits vary significantly based on your Payz account tier and the specific casino. Classic accounts face tighter restrictions than upgraded accounts. Here’s what you can generally expect:
Most casinos accepting Payz set minimum deposits around $10 to $20 NZD equivalent. Maximum deposits typically range from $5,000 to $10,000 per transaction, though this increases at casinos targeting high rollers. Your Payz account tier also imposes limits, with Classic accounts capped at lower monthly volumes than Silver or Gold accounts.
For withdrawals, casinos usually match their deposit minimums ($10 to $20) and maximums ($5,000 to $10,000 per transaction). Some sites implement daily or weekly withdrawal caps that apply regardless of payment method. These casino-side limits affect Payz the same as any other withdrawal option.
⚠️ Verification Required: Payz mandates identity verification before you can withdraw funds from your account to your bank. Upload your ID documents early to avoid delays when you’re ready to cash out winnings.
🎰 Best New Zealand casinos accepting Payz
| Casino Name | Deposit Speed | Withdrawal Speed | Fees | Min/Max Limits | Overall Rating |
|---|---|---|---|---|---|
| Bitstarz | Instant | 10 mins to 6 hours | None | $20 / $5,000 | ⭐ 9.2/10 |
| 7Bit Casino | Instant | 1 to 12 hours | None | $15 / $5,000 | ⭐ 8.9/10 |
| Loki Casino | Instant | 12 to 24 hours | None | $20 / $4,000 | ⭐ 8.6/10 |
| Neospin Casino | Instant | 24 to 48 hours | None | $10 / $7,500 | ⭐ 8.4/10 |
| Wazamba | Instant | 12 to 36 hours | None | $20 / $6,000 | ⭐ 8.3/10 |
| Mirax Casino | Instant | 24 to 48 hours | None | $20 / $5,000 | ⭐ 8.2/10 |
| Nomini Casino | Instant | 24 to 72 hours | None | $15 / $4,000 | ⭐ 8.0/10 |
🏆 Detailed reviews of top Payz casinos for Kiwis
🥇 Bitstarz Casino – Best Overall for Payz Users
Bitstarz combines the fastest withdrawal processing for Payz transactions with a massive game library. Deposits credit instantly, and withdrawals typically appear in my Payz account within 3 to 6 hours. No withdrawal fees for Payz, $5,000 per transaction limit suits most players, and the cashier recognizes returning users for one-click deposits.
Best for: Players who value fast access to winnings and move funds between casinos regularly.
🥈 7Bit Casino – Best Game Variety with Payz
7Bit offers an enormous game catalogue with strong provider representation. Deposits process instantly, withdrawals clear within 4 to 12 hours typically. The $5,000 withdrawal limit is standard, accepts NZD, and regular promotions don’t exclude Payz deposits. Mobile site works well for transactions.
🥉 Loki Casino – Solid Mid-Range Option
Straightforward operations without complex bonus structures. Deposits instant, withdrawals process within 12 to 24 hours consistently. No fees for Payz transactions, though the $4,000 per withdrawal limit is lower than competitors. Predictable timeframes and transparent terms.
Other Notable Options
Neospin Casino: Higher $7,500 transaction limits appeal to bigger players. Withdrawals take 24 to 48 hours. Heavy slots focus with fewer table games.
Wazamba Casino: Good mix of slots, table games, and live dealer. Withdrawals within 12 to 36 hours. $6,000 per transaction limit. Read bonus terms carefully as they can be restrictive.
⚖️ Payz advantages vs disadvantages compared to other methods
| Feature | Payz | Credit/Debit Cards | Bank Transfer | Crypto |
|---|---|---|---|---|
| Deposit Speed | Instant | Instant | 1-3 days | 10-60 mins |
| Withdrawal Speed | 2-24 hours to e-wallet | 3-5 business days | 3-7 business days | 1-6 hours |
| Privacy Level | High – bank doesn’t see casino names | Low – appears on statements | Low – direct transaction record | Very high – anonymous option |
| Setup Complexity | Medium – account creation + verification | Easy – just enter card details | Easy – use existing account | Hard – wallet setup + learning curve |
| Fees | Variable based on funding method | Often charged by casinos | Usually free, sometimes small fee | Network fees only |
| Currency Support | 45+ including NZD | Depends on card issuer | NZD native | Multiple coins supported |
| Budget Control | Excellent – separate funds | Moderate – linked to main account | Moderate – full bank access | Good – separate wallet |
| Casino Acceptance | Very wide – hundreds of casinos | Universal | Most casinos | Growing but limited |
Where Payz Excels
Transaction organization: The Payz dashboard provides detailed records of every casino transaction in one place, making tracking easier than digging through bank statements. Valuable for budget tracking and tax purposes.
Multi-casino flexibility: Keep funds in Payz to move between casinos without waiting for bank transfers. Win at one site, withdraw to Payz within hours, deposit elsewhere immediately.
International support: 45+ currency support means you can fund in local currency when traveling, then convert to NZD for NZ casinos.
Where Payz Falls Short
Fee structure complexity: Understanding costs requires careful reading. Fees vary by funding method, account tier, and transaction type, lacking the transparency of simpler methods.
Verification delays: The required verification process adds a barrier. You can deposit before verification completes, but can’t withdraw until approved.
Not fastest for withdrawals: Cryptocurrency at crypto-focused casinos often clears faster than Payz, especially at sites optimized for Bitcoin or Ethereum.
💵 Complete breakdown of Payz fees and costs
Payz’s fee structure operates on multiple levels: funding fees, casino transaction fees (usually none), withdrawal fees, and currency conversion fees.
Account Funding Fees
Bank transfer: Free from Payz, but your bank might charge $10 to $20 NZD. Takes 1 to 3 business days. Most economical option.
Credit or debit card: Payz charges 2.9% to 3.9% depending on account tier. Classic accounts pay highest, VIP accounts get reduced rates. A $500 deposit costs an extra $15 to $20.
Local payment methods: Typically 1% to 5% depending on the method used.
Casino and Withdrawal Fees
Most casinos don’t charge fees for Payz deposits or withdrawals. Withdrawing from Payz to your NZ bank costs $4 to $10 USD depending on account tier. Processing takes 3 to 5 business days. The Payz Mastercard ($10 to $15 USD to order) lets you spend balance directly without withdrawal fees.
Currency Conversion and Hidden Costs
Currency conversions in Payz include 2% to 4% markup over mid-market rates. Inactivity fees ($1 to $2 USD monthly) apply if you don’t use the account for 12 consecutive months.
✅ Fee Reduction: Upgrade to Silver status ($25 USD one-time) to reduce ongoing costs. If depositing $1,000+ monthly, reduced fees pay back the upgrade within 2 to 3 months.
Realistic Cost Example
Depositing $500 NZD into a casino using Payz:
- Fund via debit card: $500 + 3.5% = $517.50
- Casino deposit: $500 credited (no fee)
- Win and withdraw $800 to Payz (no fee)
- Withdraw to NZ bank: $800 minus $11 NZD = $789
Total fees: $28.50 NZD (5.7% of original amount). Using bank transfer to fund drops this to around $11 NZD (2.2%).
❌ Cost Trap: Funding with credit card plus frequent small bank withdrawals combines the highest fees at both ends. You’re losing 8% to 12% of your bankroll to transaction costs.
🔐 Security, licensing, and player protection
Payz operates under FCA (Financial Conduct Authority) authorization in the UK, holding an e-money license requiring strict security standards and capital reserves. Your funds are subject to safeguarding requirements protecting against company insolvency.
Security Features
256-bit SSL encryption protects all transactions. Two-factor authentication available via SMS or authenticator app (enable this immediately). Payz logs you out after inactivity and requires re-authentication for withdrawals.
Privacy and Disputes
From a privacy standpoint, your bank statement shows “Payz” rather than individual casino names. The casino sees a Payz transaction rather than your bank details. Payz provides structured dispute resolution for technical errors or unauthorized transactions, offering more recourse than cryptocurrency or vouchers.
💡 Security Tip: Use a unique password for Payz and enable 2FA immediately. Since Payz holds your gambling funds, it deserves the same security attention as your bank account.
New Zealand Status
Payz isn’t specifically licensed in New Zealand, but that’s normal for international payment processors. The service is available to Kiwi residents without restrictions. NZ gambling laws focus on casinos rather than payment methods. FCA regulation requires Payz to keep customer funds separate from operating capital, providing protection if the company faced difficulties.
📋 Step-by-step guide to using Payz at NZ casinos
Creating Your Payz Account
Visit Payz website and register with email, username, and password. Fill in personal details (must match ID documents exactly), select NZD as primary currency, and confirm via email. Navigate to verification section and upload government ID plus proof of address (utility bill or bank statement within 3 months). Verification typically completes within 24 to 72 hours.
⚠️ Important: You cannot withdraw winnings until verification completes, so upload documents immediately even though deposits work without verification.
Funding Your Payz Account
Click “Add Funds” in dashboard. For lowest fees, select bank transfer and use the provided account details (including reference code) in your NZ online banking. Processing takes 1 to 3 days. For immediate availability, choose debit card (funds appear within minutes, but accept higher 3% to 4% fee).
Making Casino Deposits
In casino cashier, select Payz and enter deposit amount. You’re redirected to Payz login page. Enter credentials, confirm transaction details, and click “Confirm”. Funds appear in casino within 30 seconds to 2 minutes.
Withdrawing Winnings
In casino withdrawal section, select Payz and enter amount. Provide your Payz account email. Casino reviews withdrawal (instant to 48 hours), then transfers to your Payz account within 2 to 24 hours.
Transferring to Your Bank
In Payz dashboard, select “Withdraw Funds” and “Bank Account”. Add NZ bank details if first time. Enter withdrawal amount (fees display before confirmation). Payz processes within 1 to 2 days, total time to your bank is 3 to 5 business days.
Common Issues
Deposit didn’t credit: Check Payz transaction history to confirm payment sent. Contact casino support with Payz transaction reference number.
Withdrawal delayed: Contact casino support to check status. If shown as paid but not in Payz, contact Payz support with casino’s transaction reference.
Unexpected currency conversion: Occurs when Payz account currency doesn’t match casino’s transaction currency. Always keep NZD in Payz for NZ casinos.
📱 Mobile experience with Payz
Payz provides dedicated iOS and Android apps plus a mobile-optimized website. The app offers full desktop functionality with smartphone-friendly interface. Biometric login (fingerprint/face recognition) speeds up access significantly. Push notifications alert you to account activity in real-time, adding security.
Using Payz at Mobile Casinos
When depositing from your phone, selecting Payz redirects to either the mobile website or opens the app if installed. Both work smoothly. Payment confirmation displays clearly on small screens. The redirect back to casinos happens reliably.
💡 Mobile Tip: Install the app and enable biometric login before your first mobile session to reduce deposits to about 10 seconds.
Limitations
Uploading verification documents through the app can be trickier than desktop, particularly for physical document scanning. Most modern smartphone cameras handle this fine, but older devices might struggle. Managing multiple currency accounts is slightly more cumbersome on mobile due to screen space, though single-currency operation (NZD only) works perfectly.
🔄 How Payz compares to other popular NZ payment methods
| Payment Method | Best For | Main Advantage | Main Drawback |
|---|---|---|---|
| Payz | Regular players using multiple casinos | Fast withdrawals + transaction organization | Variable fee structure can be costly |
| Credit/Debit Cards | Casual players making occasional deposits | Universal acceptance, no setup needed | Slow withdrawals, appears on bank statements |
| POLi | Players wanting bank-level security | Direct from bank, no third-party account | Deposit-only, transactions visible to bank |
| Cryptocurrency | Privacy-focused players, high rollers | Maximum privacy, fastest withdrawals | Steep learning curve, volatility concerns |
| Bank Transfer | Large deposits, infrequent players | Usually no fees, high limits | Very slow both directions |
| Vouchers (Neosurf, Flexepin) | Budget control, maximum privacy | Complete anonymity, strict budget limits | Deposit-only, no withdrawal option |
When to Choose Payz Over Alternatives
Multi-casino players: Move winnings between casinos quickly without multiple bank transfers.
Transaction organization: Clear gambling records separate from regular spending helps with budget tracking and tax records.
Bank privacy: Your bank sees “Payz” transfers rather than specific casino names.
Regular players: Once you’re beyond casual play, Payz offers better control and faster withdrawals than basic bank transfers or cards.
When to Choose Alternatives Instead
Casual players: If depositing $50 every few months, setup effort outweighs benefits. Use debit card or bank transfer.
Fee-conscious: Bank transfers or cryptocurrency cost less. Payz fees add up, especially at Classic tier with card funding.
Maximum speed priority: Cryptocurrency at crypto-focused casinos beats Payz for raw withdrawal speed.
Strict budget control: Vouchers force you to decide spending limits upfront, creating a natural brake e-wallets don’t provide.
❓ Frequently asked questions about Payz at NZ casinos
Is Payz legal to use at online casinos in New Zealand?
Yes, Payz is legal for NZ residents. The service operates internationally and accepts Kiwi players without restrictions. NZ law focuses on casinos rather than payment methods. Payz holds FCA authorization in the UK and complies with international financial regulations.
How long does verification take for a new Payz account?
Typically 24 to 72 hours after submitting documents. This assumes clear, valid copies of ID and proof of address. You can deposit before verification completes, but cannot withdraw until verified.
Can I use Payz if my bank blocks gambling transactions?
Yes, this is a main benefit. Banks don’t block transfers to Payz (which appears as a financial service). Fund Payz via normal bank transfer, then use Payz for casinos. This circumvents bank-level gambling blocks.
What’s the difference between Classic, Silver, Gold, and Platinum accounts?
Tiers differ in fees, limits, and support. Classic is free but has higher fees. Silver costs $25 one-time and reduces fees (worth it if depositing $1,000+ monthly). Gold and Platinum require higher transaction volumes and offer progressively better rates. Most casual to moderate players start with Classic and consider Silver later.
Do casinos charge extra fees for using Payz?
Most quality casinos don’t charge additional fees for Payz, treating it like any other e-wallet. Fees typically come from Payz (funding, conversions, bank withdrawals). A few budget casinos implement blanket 1% to 2% withdrawal fees regardless of method.
What happens to my balance if I don’t use it for months?
Payz charges $1 to $2 USD monthly inactivity fee after 12 consecutive months without transactions. Make at least one transaction yearly to avoid this. Email warnings sent before fees start.
Can I hold multiple currencies in my Payz account?
Yes, 45+ currencies supported. You can keep NZD, EUR, and USD simultaneously for different casinos. However, conversions between currencies incur 2% to 4% markup. For most NZ players sticking with NZD casinos, single-currency makes more sense.
How do I get the Payz Mastercard and is it worth it?
Order through your dashboard under “Cards” section. Costs $10 to $15 USD, ships in 7 to 14 days. The card lets you spend Payz balance directly at merchants or ATMs, bypassing bank transfer fees. Worth it if you regularly withdraw casino winnings.
What should I do if a deposit doesn’t appear but Payz shows payment sent?
Wait 5 to 10 minutes first. If still missing, check casino email for verification messages. Contact casino support with your Payz transaction reference number (found in Payz transaction history). Most cases resolve within hours.
Are there withdrawal limits from casinos when using Payz?
Limits depend on the casino, not Payz. Most set $5,000 to $10,000 per transaction, plus daily/weekly/monthly caps. Your Payz account tier also has monthly limits. For large wins, split withdrawals across multiple transactions.
Can I use Payz for sports betting or just casinos?
Payz works for both casinos and sports betting sites. Many bookmakers accepting NZ players support it. Process is identical, with same benefits (privacy, speed, organization).
What’s Payz’s customer support like?
Email support and help center available. Response times typically range from a few hours to 24 hours. No live chat or phone for standard accounts. Higher tiers (Platinum/VIP) get priority support. Help center documentation is comprehensive for common issues.
🎯 Final verdict on Payz for New Zealand casino players
Payz occupies a solid middle ground. It’s not the absolute fastest (crypto wins) or cheapest (bank transfers), but balances speed, convenience, and privacy effectively. The 20+ year track record provides confidence in long-term reliability.
Ideal for players making regular casino deposits and withdrawals who value fast access to winnings and clear separation from their primary bank. If moving $500 to $2,000 monthly across multiple sites, Payz’s benefits outweigh setup requirements and fees.
Falls short for very casual players ($50 every few months) where setup isn’t justified. Similarly, if minimizing every fee dollar drives decisions, Payz isn’t optimal unless using Silver tier with bank transfer funding.
💡 Smart Strategy: Verify immediately, fund via bank transfer (avoid card fees), keep gambling bankroll in Payz, order Mastercard to spend winnings directly. This maximizes benefits while minimizing costs.
Best Casinos for Payz
Bitstarz leads with fastest processing (under 6 hours typically) and zero casino fees. 7Bit Casino offers massive game variety with reliable 4 to 12 hour withdrawals. Loki Casino suits players wanting straightforward operations with predictable timeframes.
Quick Recommendations
Use Payz if: Regular multi-casino player, want faster withdrawals than banks, prefer privacy, need organized records, or bank blocks casinos.
Skip Payz if: Only gamble occasionally, prioritize lowest fees, want absolute fastest withdrawals (use crypto), or comfortable with another e-wallet.
Upgrade to Silver if: Depositing $1,000+ monthly via card. Reduced fees pay back $25 upgrade within months.
Payz isn’t revolutionary, but it’s thoroughly competent and reliable. That consistency matters when trusting a service with gambling funds. The 20-year history speaks to stability newer alternatives can’t match. 💰
David is a veteran slots player with over 15 years of playing experience in both online and land based casinos. He knows exactly what makes for a good online casino and is always keen to share his expertise with other players.