Unless you live in an unmanned desert, you know about Payz. It’s one of the pioneers in the prepaid vouchers industry, and it’s even older than Paysafecard! Did you know that Payz Malaysia is a valid payment method for betting? If you did, good for you. But if you didn’t, you’ve landed exactly where you should’ve. We’re going to learn about the deposit, withdrawals, and everything else that matters for betting sites that accept Payz.
To showcase transparency, the Payz website has a dedicated “security” page. According to that page, the model Payz uses to protect your money and data is known as “Safeguarding”. Payz is an “e-money” institution by definition, and according to the FCA requirement, it’s bound to keep your funds in independent accounts.
Moreover, the communication between you and Payz, formerly known as EcoPayz, is protected with SSL encryption. The platform is also compliant with PCI (Payment Card Industry) and DSS (Data Security Standard). Last but not least, Payz is determined to protect your data at all costs, and it doesn’t even share your payment history with any 3rd parties.
Payz Limits, Fees, and Processing Times
Maximum Deposit
No limit on VIP Accounts
Maximum Withdrawal
No limit on VIP Accounts
Fee
Withdrawal Fees – Up to €7 equivalent
Processing Time
Instant
Best Malaysia Betting Sites Comparison
Bookmakers
No. of Sports
Welcome Bonus
Live betting
Mobile App
Minimum deposit
Minimum Withdrawal
50+
Up to 500 MYR
Yes
Yes
5 MYR
50 MYR
40+
Up to 142 MYR
Yes
Yes
20 MYR
200 MYR
20+
100% match
Yes
Yes (Android)
15 MYR
45 MYR
25+
Up to 500 MYR
Yes
No
45 MYR
95 MYR
40+
Up to 360% Match Bonus
Yes
No
N/A
N/A
35+
100% Match bonus up to 200 MYR
Yes
Yes
20 MYR
30 MYR
Top 3 Bookmakers for Payz Betting
Which Payz betting sites do you think are the best in Malaysia? Below is our answer.
#1 BK8
BK8 is one of our favorite bookmakers in Malaysia for a wide array of reasons. One of them is that the website targets its features to Malay punters. And another one is that it accepts Payz.
#2 1xBet
The international bookmaker, 1xBet, offers almost all the major online payment methods available in Malaysia. Payz is one of them.
#3 bet365
bet365 as a bookmaker has never let us down. Whether it’s the overall sports collection or the payment methods, bet365 is the best. And yes, you can use Payz for both deposits and withdrawals.
How to Deposit with Payz
Real money gambling in Payz Malaysia betting sites start with a deposit. How to do it, you ask?
Log into your betting site account that accepts Payz.
Click the “Deposit” or “Cashier” button to go to the deposit page and choose Payz from the list.
Let the site know how much you want to deposit. If you’re going for the welcome bonus, make sure you’re maintaining the minimum deposit requirement.
Enter your Payz credentials and execute the transaction.
Payz Bonuses
By now, you must know that online betting sites in Malaysia as well as in the rest of the world offer bonuses. Let’s go over the bonuses you may get with Payz.
Welcome Bonus
A welcome bonus is the only bonus that you can count on in the iGaming industry. If the betting site in question is not offering any other bonus, it’ll offer a welcome bonus. It might be free bets, risk-free bets, and deposit match bonuses.
No Deposit Bonuses
To make the punters’ experience even more enjoyable, some betting sites offer no deposit bonuses! And yes, they’re exactly what you think they are.
Cashback
If you’re upset about the losses you incurred, look out because betting sites that accept Payz may offer cashbacks.
Popular Sports to Bet on with Payz
Although payment methods play a crucial role, sports betting is mostly dependent on the sports library at the end of the day. So, what are the most popular sports you can bet on with Payz?
Football
Can you show us an online betting site in Malaysia that doesn’t offer football? We don’t think so. How can you expect an Payz betting site to not offer it then?
Tennis
Tennis is almost as global as football and it has a massive fanbase in Malaysia. That’s why a lot of punters go for tennis betting right after they deposit with Payz.
Badminton
Badminton is a fairly popular sport in Malaysia and you can explore all of the markets if you deposit with Payz.
Pros & Cons of Payz
Pros
Instant deposits and withdrawals
24/7 support
No minimum account balance is required
Plenty of ways to fund your Payz account
Cons
Relatively low limits for lower-tier accounts
Fees on every withdrawal
Alternatives to Payz
Looking for alternatives to Payz? There they go.
Skrill: If it’s an e-wallet you’re looking for, it’s hard to beat Skrill in Malaysia, considering the availability.
Neteller: Just like Skrill, Neteller betting sites are commonly found in Malaysia. So, not wanting to use Payz has no implications at all!
Cryptocurrencies: If keeping things hassle-free is your style of rolling, you must give cryptocurrencies a shot. They’re by far the best cross-border payment methods.
Like many aspiring writers, Jarin focuses on bringing life to the text for her readers. She is an avid sports lover, growing up in a family obsessed with bookies. She is an expert in the iGaming niche and has secondary obsessions with Gardening and cooking.
When you scroll down to the footer section of the Payz website, you’ll find the buttons for App Store and Google Play. Needless to say, the buttons lead you to the app download pages.