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
How We Choose the Best Payz Bookmakers
If you’ve been wondering how we came up with the list of bookmakers using Payz, you’re not the first one. We have a list of criteria that we test all of the bookmakers on. Here’s a quick snapshot of all the things we consider when choosing Payz bookmakers.
1
License and Security
We start every review by checking the license and authenticity of the bookmaker. It needs to have a valid license from the local authority or a renowned offshore authority. Along with that we also look for the security measures that are put in place.
2
Sports and Betting Markets
For Payz betting sites, the majority of the experience lies in betting on different sports. We always make sure to check the sports options and the betting markets that come with them. We pay attention to markets like matchwinner, 1x2, over/under, and handicap markets.
3
Bonuses and Promotions
Since Malaysian punters care about promotional offers, we take a look at what bookmakers are offering and recommend sites with bonuses that offer the best rewards with simple terms. We pay special attention to the wagering requirements to see if they’re good for new players or not.
4
Competitive Odds
While it’s not possible to find the “best” odds, we strive to find bookmakers that offer competitive odds. These ensure that you’re getting a decent payout for your wagers whether you’re placing a small bet or a large one.
5
Customer Support
We also remember to check the customer support at each bookmaker. For a smooth betting experience, it’s crucial to have a customer support team on standby to help you out with any issues or queries. For our reviews, we check the different contact options offered by the bookmaker to get in touch with the support team.
Top 5 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.
BK8
✅ Official Website
https://www.bk8mya.com/en-my/home
🎁 Welcome Bonus
288% deposit bonus up to MYR 2880
⚽ Sports
30+
💳 Payment Methods
Bank Transfer, Credit or Debit Card, Neteller, Skrill, Cryptocurrency
💰 Minimum Deposit
50 MYR
💰 Maximum Deposit
N/A
Pluses
Offers more than 30 different sports
Supports both fiat and crypto payment options
A generous welcome bonus for new players
Minuses
Wagering requirements are different for every bonus
#2 1xBet
The international bookmaker, 1xBet, offers almost all the major online payment methods available in Malaysia. Payz is one of them.
1xBet
✅ Official Website
https://1xbet.com/
🎁 Welcome Bonus
Up to MYR 500 from your first deposit
⚽ Sports
25+
💳 Payment Methods
Visa, Mastercard, Neteller, Crypto, Payz
💰 Minimum Deposit
5 MYR
💰 Maximum Deposit
N/A
Pluses
Official betting partners of Barcelona FC and PSG
A low minimum deposit bookmaker
Mobile apps for Android and iOS users
Minuses
Customer support response is slow
#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.
bet365
✅ Official Website
https://www.bet365.com/
🎁 Welcome Bonus
Up to MYR 250 from your first deposit
⚽ Sports
30+
💳 Payment Methods
Skrill, Neteller, Payz, Astropay, Wire transfer
💰 Minimum Deposit
25 MYR
💰 Maximum Deposit
N/A
Pluses
Offer 30 different sports for betting including horse racing
Offers live betting and streaming for most sports
Comes with a good online casino
Minuses
The website has some performance issues
#4 MB8
While the interface of the platform might look simple, don’t let that fool you. For veterans, mb8 is one of the best places to enjoy sports betting in Malaysia. The cherry on top is that it supports Payz as a payment method.
MB8
✅ Official Website
https://mb8myr.co/
🎁 Welcome Bonus
200% Welcome Bonus up to 200 MYR
⚽ Sports
30+
💳 Payment Methods
Bank Transfer, FASTPay, MBPAY, Help2Pay, EeziePay, Coin2Pay, Cryptocurrency, Payz
💰 Minimum Deposit
50 MYR
💰 Maximum Deposit
N/A
Pluses
A great welcome bonus for new players
24/7 customer support
Supports crypto payments
Minuses
Wagering requirements are quite high for new players
#5 Nova88
Nova88 combines one of the best-looking interfaces with its amazing offering of bonuses and sports for betting. It supports many payment methods, one of which is Payz.
bet365
✅ Official Website
www.nova88.net/en
🎁 Welcome Bonus
200% up to MYR 388
⚽ Sports
25+
💳 Payment Methods
Grab Pay, S Pay, Touch n Go, RHB, AmOnline, CIMB Mobile, Neteller
💰 Minimum Deposit
50 MYR
💰 Maximum Deposit
N/A
Pluses
Popular markets and competitive odds
Players can enjoy a loyalty program
Live streaming is available for in-play events
Minuses
Doesn’t support Visa and Mastercard
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.
Payz is available in Malaysia with its e-wallet as well as its prepaid card brand, EcoCard.
Yes, you can. We haven’t seen any online bookmaker restrict access to a welcome bonus just because the punters deposited with Payz.
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.
Yes, Payz has been regulated by the FCA since 2008.
There are withdrawal fees when you transfer funds to your bank account from Payz. The higher your account tier is, the lower the fee.
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.