Payz (EcoPayz) is an online financial transaction company widely used in online gaming. The electronic money issuer PSI-Pay manages the wallet and agrees to be regulated by the UK Financial Services Authority. Since 2000, Payz has been a leading payment solution for those who enjoy playing at online casinos. Here, we will describe the electronic wallet and the online casinos that host it to play one game or several.
Hugo Casino is among the newly established online casino platforms. It offers customers a great variety of gambling games. The casino was founded in 2023, having an enormous game library and catering to many tastes and preferences of players. It is part of Dama N.V., an extremely famous company within the iGaming world, well-known for competence in establishing reliable and entertaining casino platforms. With an easy-to-use interface, secure payment methods, and alluring bonuses, Hugo Casino offers a smooth and entertaining environment that attracts players from different parts of the world.
| Website | hugocasino.com |
| Online since | 2023 |
| Min. deposit | C$30 |
| Wagering | 45x |
| License | Curaçao |
Payz, then known as EcoPayz or EcoCard, has been on the market since 2000 and is one of the oldest e-wallets in the world. Since then, the company has grown and diversified considerably. In 2013, for example, the company took the name Payz, while EcoCard became a separate product.
Although it offers a real card in various services, Payz is primarily an e-wallet. If you have opened an account on the platform, you can transfer money to various online casinos, businesses, and individuals. You must first load your wallet with money using various deposit methods. You can then withdraw the funds from your Payz account through various means.
| Information | Data |
|---|---|
| 📅 Year of foundation | 2000 |
| 🇱🇺 Head office | Luxembourg |
| 🌍 Availability | Available in over 173 countries |
| 💶 Accepted currencies | Over 45 currencies including Euro (EUR) and Canadian Dollar (CAD) |
| ⚡ Transaction speed | Instant for deposits, withdrawals may take 1-3 business days |
| 💸 Transaction fees | Fees vary depending on transaction type and geographic location |
| 🔒 Security | Uses advanced security measures including SSL technology and two-factor verification |
| 🎁 Loyalty program | Offers a loyalty program with additional benefits for frequent users |
| 💬 Customer Support | Provides 24/7 customer support via live chat, email, and phone |
To create an account, simply go to the website and click “Join Us.” If your country is listed on the registration form, you can become an Payz member within minutes. Once your account is up and running, you can use it for deposits, transfers, purchases, and withdrawals at an online casino with Payz. While verification is required for some methods, we found the process fairly painless compared to other e-wallets.
Here are some pros and cons of using Payz at online casinos in Canada:
Despite these potential drawbacks, Payz remains a popular and convenient payment option for online casino players in Canada, offering enhanced security and a seamless gaming experience. It is advisable to check the specific terms and conditions of online casinos and Payz for accurate information on fees and terms of use.
Playing at an online casino with Payz involves providing money. A debit or credit card is the most popular method of adding money to an Payz account before transferring it to the casino. However, before using a card, you must verify it with Payz via the myEco interface. The verification process will begin when you attempt to make your first deposit. Payz will then micro-deposit the money into the credit card account. You will then need to check your statement for the amount and enter it into the myEco website to make your card available for future deposits. Credit/debit card deposits are rated at 2.9%.
If you are a Canadian national, you can instead use the EFT method, which processes funds directly from your bank account. Before you can use it without limits, you must verify it. Payz will withdraw a large amount from your bank account, which will be unlocked and placed in your Payz wallet when you check your statement and correctly indicate the amount. If you choose to use the instant method, an 8.9% fee will be charged.
Other options available in some jurisdictions include local and instant bank transfers, which take longer than the above methods. If you live in a jurisdiction without either of these options available, you can also make an international bank transfer to fund your account. While technically free, both your bank and Payz’s bank will likely add a fee during processing that will be deducted from your deposit.
You can withdraw money from your account to put it on an online casino that uses Payz. Perhaps the most popular is spending it directly using your Eco Web Card, activated after verifying your identity or credit card. This gives you a real MasterCard number that you can use to make online purchases directly from your Payz account. You can also apply for the physical Payz prepaid credit card. Like the Eco Web Card, the physical MasterCard uses funds directly from your Payz balance. Both cards are free to obtain, but the company will charge you according to the usage fee schedule.
Payz allows you to withdraw funds from your account via bank transfer. However, beforehand, you must provide essential banking information, such as your IBAN. Depending on your jurisdiction, you may also need to provide your IBAN. Payz will charge €10 for the withdrawal and any transaction fees imposed by your bank.
Given its quality, sites that accept this e-wallet are not rare. It is quite widespread in the world of legal online casinos in Canada. Canadian players can use this payment method and others – online casinos accepting PaySafeCard or PayPal, for example – on the various sites on the market.
Regarding the casino profile, many new online casinos appear every year on the Internet. Since online gambling is a competitive industry, everyone tries to offer advantageous bonuses or the best winning games in an online casino. In addition, new online casinos can offer their players a wide range of payment options, including the one that interests us here. Generally speaking, casinos with this e-wallet must be serious regarding security and generous regarding bonuses and games so that your withdrawals and deposits are useful.
In conclusion, online casinos in Canada that accept Payz as a payment method offer players a convenient and secure solution to make deposits and withdrawals. Payz allows users to transfer funds easily and confidentially, providing a smooth and hassle-free gaming experience. With Payz, players can enjoy fast transactions, enhanced security, and flexibility in choosing funding methods. Whether for initial deposits or withdrawals of winnings, Payz simplifies the financial process for online gaming enthusiasts in Canada.
Payz is an online payment method that allows you to securely transfer money between your bank account and e-commerce sites or online casinos. You can load your Payz account with funds from your bank account or other sources and then use these funds to make deposits at online casinos.
Yes, many online casinos in Canada accept Payz as a payment method. Check the casino’s payment options section to see if Payz is listed.
To create an Payz account, click the “Sign Up” button to their official website. Follow the instructions, provide the required information, and create a secure password. Once your account is created, you can use it to make online payments.
Payz may charge fees for certain transactions, such as deposits or withdrawals. The exact fees may vary depending on the transaction type, amount, and currency used. It is recommended that you check the pricing information on the Payz website for specific fees.
Payz uses advanced security measures to protect your personal information and transactions. These measures include SSL encryption, security protocols, and verification procedures.
