Best Payz Casinos for Kiwi Gamblers Looking for Secure Deposits and Fast Payouts

Your search for the fastest payout Payz casinos in NZ ends here. We have thoroughly rated and reviewed dozens of New Zealand online casinos and listed those that accept Payz as a payment method. For the uninitiated, Payz is a global payment processor that allows Kiwis to quickly and safely deposit as well as cash out winnings from their casino account into their Payz eWallet.

Please note that Payz was formerly known as EcoPayz. The company rebranded itself and changed its name to Payz in May 2023.

100% bonus up to
$500
+ 100 free spins
Payout Speed
Instant – 24 Hours
5.0
100% bonus up to
$1,200
+ 20 free spins
Payout Speed
Instant – 5 Hours
5.0
100% bonus up to
$500
+ 100 free spins
Payout Speed
2 – 12 Hours
5.0
Welcome bonus up to
$1,000
150% match on 1st deposit
Payout Speed
Instant – 1 Hour
5.0
Welcome bonus up to
$2,000
+ 200 free spins
Payout Speed
Instant – 5 Hours
5.0
100% bonus up to
$1,200
+ 50 free spins
Payout Speed
Instant – 24 Hours
5.0
100% bonus up to
$500
Payout Speed
Instant – 24 Hours
4.5
100% bonus up to
$200
+ 11 free spins
Payout Speed
Instant (mostly)
4.0
Deposit $10 and get
50 Spins
No wagering required!
Payout Speed
Instant – 11 Hours
4.0
100% bonus up to
$150
+ 100 free spins
Payout Speed
Instant
3.8
100% bonus up to
$2,000
or 200% up to $50
Payout Speed
3 – 24 Hours
3.8

Payz is an excellent payment method for speedy deposits and payouts in NZ online casinos. In fact, its gambling-friendliness is part of the reason you’ll find the payment method supported at most of New Zealand’s fast-paying casinos.

It takes minimal time to fund your casino account and process withdrawals, which makes Payz a highly convenient and all-encompassing payment solution. You can open an account in minutes to send and receive money instantly.

You don’t need a credit card or bank account to sign up for Payz; you can take your Payz wallet with you everywhere as it is mobile-friendly. Although KYC is not required on signup, it is recommended for quick casino payouts as having no KYC puts a money limit on the account.

Pros and Cons of Using Payz at Online Casinos

Pros

  • Easy to set up
  • Instant transaction time
  • High security
  • NZ Dollars supported

Cons

  • Lengthy verification process
  • Not-so-ideal fee structure
  • Limits on transactions
  • ecoVoucher unavailable in NZ Dollars

How to Make Casino Deposits and Withdrawals With Payz

To make a casino deposit with Payz, simply follow these 7 steps:

  1. Make sure you are using an active and funded Payz account.
  2. Sign up with the fast payout Payz casino of your choice.
  3. Head to the cashier section on the site.
  4. Select Payz from the list of available deposit options.
  5. Enter the amount you want to deposit and confirm.
  6. Log in to your Payz account to initiate the transaction.
  7. Watch your funds enter your casino account.

Provided you have completed KYC at the casino and met any necessary wagering requirements, you can request a withdrawal with Payz by following these 7 steps:

  1. Log in to your online casino account.
  2. Go to “Withdraw” under “Cashier/Banking”.
  3. Enter the withdrawal amount.
  4. Select Payz as the withdrawal method.
  5. Confirm the transaction.
  6. Wait for the casino to process your request.
  7. Get notified once your winnings hit your Payz account.

Is Payz a Fast Withdrawal Method for Casino Payouts?

Absolutely. Payz is a fast withdrawal method if you want to cash out your winnings at the earliest. Payz’s money transfer service lets you instantly withdraw funds from your casino account.

Once the online casino has processed your payout, you will receive the money. So, how fast you get paid to your Payz wallet is up to the payout speed of the NZ casino you choose.

Why Does the Withdrawal Time With Payz Vary Between Casinos?

The withdrawal time of Payz varies between casinos because of the individual casinos’ processing time. This has nothing to do with the payment processor’s time for releasing funds.

In some New Zealand casinos, withdrawal takes a few minutes, a few hours, or a day. In other places, it can take several days to complete the transaction. The faster a casino pays out, the sooner you receive your money. That is why it’s recommended to choose one of our recommended fast payout casinos that support Payz as a withdrawal method.

How to Speed Up Casino Withdrawals With Payz?

The transaction time of Payz can’t be changed, so the withdrawal time depends solely on the casino’s processing time. There’s nothing you can do if the payment processor delays your transaction. However, to meet your money soon, you can follow these simple tips:

Make Sure Your Casino Account Is Verified

Verifying your identity is necessary for fast Payz withdrawals. All NZ online casinos that are legitimately licensed will want to see a valid ID before making payments through this payment method and any other withdrawal options they offer.

As a result, if you do not go through the KYC process before requesting a withdrawal, your payout will be delayed. Always ensure your online casino account is verified with KYC regulations.

Become a VIP Player or High Roller

In their efforts to retain high rollers as long-term customers, NZ online casinos often offer bigger player bonuses. However, the casinos also want to ensure that their VIPs enjoy fast payouts when it’s time for them to cash out.

You will be eligible to have your Payz withdrawals processed instantly at most New Zealand online casinos once you have reached a certain deposit amount per month.

Play at Fast-Paying Casinos

To swiftly access your Payz winnings, the key lies in selecting the right casino. Opt for the fastest payout NZ casinos that facilitate easy Payz withdrawals. By doing so, you can ensure a seamless and speedy withdrawal process, getting your winnings in no time! These casinos prioritize customer satisfaction and ensure you receive your funds without any unnecessary delays.

What Can Cause Payout Delays With Payz?

Payouts on behalf of Payz are delayed for a variety of reasons. If you’re waiting for a payout, it’s important to know why your funds are being held and how long the delay might last. Payout delays are rare but can be caused by several factors, including:

Not Depositing With Payz

Withdrawing with the same method with which you deposited is almost always a prerequisite. Most online casinos in NZ want to keep monetary transactions to and from their website in a closed loop to make sure the right person is paid out and regulatory issues can be avoided.

This is why it is important to withdraw your winnings using the same method with which you funded your player account. If this mandate is breached, NZ casinos will reject your request for a withdrawal and ask you to use the correct method. Thus, to withdraw using Payz you must also make your deposits with Payz.

Technical Issues

Payz has never reported any technical difficulties with its payment processing. But they could still happen in the future. If servers face technical issues, this could halt payments for a short time. However, Payz is highly secure, so that’s unlikely.

Faulty KYC

Every payment processor conducts KYC procedures on its account holders. These procedures differ from those used at casinos, but they can affect how quickly you receive funds in your account.

With Payz, no KYC is required to begin with, but until done, you would be able to deposit and receive a total of just $4,000. After this, KYC is needed to use Payz as an online withdrawal method at NZ casinos. The process includes providing Payz with a photocopy of an ID.

It’s essential to ensure that the information you provide during your KYC is foolproof so that you don’t experience any delay during withdrawals and have a seamless experience.

Security Checks

To ensure compliance with laws and regulations, occasional security checks may be requested by the casino. These checks are triggered when the casino identifies any unusual activity on your account.

While these security measures are in place, there might be a slight delay in processing your Payz withdrawal to safeguard your funds and account security. The casino prioritises the safety and fairness of its operations, and these security checks are a standard practice to protect both the players and the casino itself.

They are only performed when necessary, and the goal is to create a secure and enjoyable gaming environment for everyone. By promptly addressing any potential risks, the casino aims to maintain a high standard of service and maintain the trust of its valued customers.

Manpower Challenges

Even at the swiftest Payz casino, withdrawals may encounter slight delays when facing a sudden surge of requests or a temporary staff shortage due to unforeseen employee downtime.

Such instances are occasional and temporary, and the casino always strives to promptly address any delays. So, if you come across a slight delay during these rare situations, a bit of patience will go a long way. Be assured that once things stabilize, the withdrawal process will return to its typical pace.

Surpassing Withdrawal Limit

A Payz casino may come with withdrawal limits that span across daily, weekly, and monthly periods. Remember, if you surpass these boundaries, delays may arise when attempting to withdraw your well-earned winnings. To ensure a seamless and stress-free cash-out experience, it’s crucial to familiarize yourself with these limits beforehand.

What Is the Minimum Casino Deposit You Can Make With Payz?

The fast payout NZ casinos we suggest have a minimum deposit requirement ranging from $10 to £20 when using Payz. This allows players to start playing with a reasonable amount, making it convenient for all types of players, whether they are casual gamblers or high rollers.

Other than that, you deposit as low as $1 with Payz. But NZ casinos accepting this as their minimum deposit limit would be rare.

Can You Claim Casino Bonuses With Payz Deposits?

Not all Payz casinos in NZ will allow you to claim bonuses when you use the payment method for deposits. The restriction would be primarily on the standard welcome bonus, but could also extend to other offers such as free spins, cashbacks, or other casino bonuses that may be up for grabs. Always check with the NZ casino you choose prior to using Payz as a payment method.

What Are the Fees With Payz?

NZ online casino sites charging for deposits and withdrawals via Payz are hard to come by. So, you can assume that you will never pay anything extra for adding funds to your casino account or pulling out your winnings from it.

However, Payz has its own fee structure, which you should be aware of. For example, when you fund your Payz wallet with a bank wire deposit, there might be a fee of up to 10%. If you choose to use a credit card, the fee would range from 1.69% to 6%, with an additional 0.45 NZD.

If a currency conversion is necessary, Payz charges a fee based on your account level: 2.99%, 1.49%, or 1.25%. Other than that, transfer to and from Payz accounts is unavailable for the lowest account level, free for the higher account levels and incurs a fee of 1.50% (min 0.90 NZD) for the second account level.

Transferring funds from your Payz account to a bank account is not possible if you are at the lowest account level. Thereafter, it’s possible but with maximum limits per transaction and even on a daily and weekly basis. Additionally, there’s an inactivity fee of 2.70 NZD per month for dormant accounts.

Is Payz Safe to Use at Casino Sites?

Absolutely!

Payz is a highly secure payment system that prioritizes the safety of your financial information and personal data. They employ the latest encryption technology to protect your data and have robust security measures in place such as two-factor authentication, secure servers and advanced fraud monitoring systems.

If any irregularities are detected, they take swift action by blocking, suspending, or closing accounts. Although this has often been cited as a downside with frequent account closure, we believe it is for the greater good.

When using Payz at online casinos, your financial information is not shared with the casino. Only your Payz registered email address is shared, and the depositing process happens securely on Payz’s platform.

The payment processor has received approval from The Financial Conduct Authority, making it a trusted option for online payments. They were even recognized as a Payment Solution of the Year finalist by the Global Gaming Awards in 2018 for their commitment to offering new payment options and enhanced security.

All this says a lot about the security Payz offers. Still, you must be cautious about sharing your credentials with an unknown person or overly using public WiFi, especially while using Payz for online gambling in New Zealand.

Is Payz Mobile-Friendly?

Yes, Payz has developed robust mobile apps for Android as well as iOS users, which are easy to download, install and use for hassle-free transactions. Other than that, the official Payz website is great, too, if you want to get started and open an account. Anyway, the transaction speed remains the same for deposits and withdrawals regardless of the device you use.

Download the Payz App for Android 

Download the Payz App for iOS

What Are the Best Payz Alternatives for Kiwi Gamblers?

For enhanced security and wider availability at NZ casinos, consider using other popular e-Wallets and prepaid cards as excellent alternatives to Payz. Some of these reliable payment options are as follows:

FAQ

Does Payz Decline Gambling-Related Transactions?

Payz does not decline gambling-related transactions. It is one of the most trusted and widely used payment methods accepted to make gambling-related transactions worldwide. Upon signup, you’re even asked if you will be using Payz for gambling purposes.

Can I Withdraw Casino Winnings With Payz?

Of course! You can use Payz for casino withdrawals at NZ online casinos. However, make sure you have deposited with it. Casinos follow the closed-loop policy which requires them to allow withdrawals to Payz only when you have added funds with it.

Is Payz Common in NZ Casinos That Pay Out Fast?

Yes, Payz is one of the most common payment methods you’ll come across in NZ casinos that pay out fast. With its seamless transactions and widespread acceptance, Payz has become a go-to choice for players seeking convenience and speed.


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