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Payz, known as ecoPayz until its rebrand, is one of the older e-wallets used for online betting. You top up the wallet, then pay the bookmaker from it, so your bank details never reach the betting site. But is Payz really a payment method you can use for betting in Malaysia? Here is what we found. We’re going to learn about the deposit, withdrawals, and everything else that matters for betting sites that accept Payz.
October 2026 check: the Payz app is listed in the Malaysian App Store (version 2.80.2, updated September 2026), and Payz is issued by PSI-Pay Ltd, which is authorised by the UK Financial Conduct Authority as an e-money institution. The Payz Mastercard, however, is only offered in the UK and most EU/EEA countries. We also checked the bookmakers below: MB8 and Nova88 no longer show Payz among their payment logos, and 22Bet says Payz is available only in some countries. Check the cashier before you deposit.
List of Payz Betting Sites
We may earn a commission from commercial links.
#
Bookmaker
Rating
Bonus
Pros
Play
1
DashKing88
4.5/5
128% Welcome Bonus up to RM 1,288
Good range of sports and events available to bet on
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 issued by PSI-Pay Ltd, an e-money institution authorised by the UK Financial Conduct Authority (FCA reference 900011), and under FCA rules it must keep your funds in separate safeguarded 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
40+
100% up to 620 MYR
Yes
Yes
22 MYR
5 MYR
30+
100% up to 300 MYR
Yes
Yes
20 MYR
50 MYR
25+
Up to 7,500 MYR + 150 bonus spins
Yes
Yes (Android only)
10 MYR
10 MYR
50+
Up to 500 MYR
Yes
Yes
5 MYR
50 MYR
40+
Package up to 1,000 MYR
Yes
Yes
5 MYR
10 MYR
25+
Up to 500 MYR
Yes
No
45 MYR
95 MYR
20+
470% of 4 deposits up to 7,100 MYR + 20 Free bets
Yes
Yes
100 MYR
100 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
100% deposit bonus up to MYR 300
⚽ Sports
30+
💳 Payment Methods
Bank Transfer, Credit or Debit Card, Neteller, Skrill, Cryptocurrency
💰 Minimum Deposit
50 MYR
💰 Maximum Deposit
N/A
Pros
Offers more than 30 different sports
Supports both fiat and crypto payment options
A generous welcome bonus for new players
Cons
Wagering requirements are different for every bonus
The international bookmaker, 1xBet, offers almost all the major online payment methods available in Malaysia, and Payz was among the methods we recorded for 1xBet. The cashier you see depends on your country, so confirm it is listed before you deposit.
22Bet are a fantastic bookmaker with a wide range of sports available to bet on and a generous welcome bonus. 22Bet lists ecoPayz (now Payz) among its payment methods but says the options vary by country, so check that Payz appears in the cashier for a Malaysian account. Our last recorded limits were a 27 MYR minimum deposit and a 53 MYR minimum withdrawal.
22Bet Betting App
🎁 Welcome Bonus
100% up to 620 MYR
✅ Available OS
Android, iOS
⚽ Sports
40+
📈 Live Betting
Yes
💬 Support
24/7 Live Chat, Telephone, Email
💳 Payment Methods
Bank Transfer, Online Banking, eWallets, Cryptocurrencies
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. Note that at our October 2026 check, Payz was not among the payment logos on the MB8 site, which lists Malaysian online banking, e-wallets and crypto. If you want to use Payz, choose another bookmaker or ask MB8’s live chat first.
MB8
✅ Official Website
https://mb8myr.co/
🎁 Welcome Bonus
200% Welcome Bonus up to 200 MYR
⚽ Sports
30+
💳 Payment Methods
FPX, DuitNow, Maybank, CIMB, RHB, Touch ’n Go, Boost, GrabPay, ShopeePay, EeziePay, Coin2Pay, crypto (no Payz at our Oct 2026 check)
💰 Minimum Deposit
50 MYR
💰 Maximum Deposit
N/A
Pros
A great welcome bonus for new players
24/7 customer support
Supports crypto payments
Cons
Wagering requirements are quite high for new players
Nova88 combines one of the best-looking interfaces with its amazing offering of bonuses and sports for betting. It supports many payment methods, but at our October 2026 check its payment logos were Asian banks, e-wallets and crypto, and Payz was not among them.
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?
1
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?
2
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.
3
Badminton
Badminton is a fairly popular sport in Malaysia and you can explore all of the markets if you deposit with Payz.
Is Payz Safe and Secure for Betting?
Payz is one of the safest and most secure options for transferring money to a bookmaker to bet on sporting events. It applies several technologies, such as two-factor authentication, SSL encryption, and identity confirmation via photo and email. Punters can be sure that their payment data is hidden from any third parties. It is safe and convenient to make transactions using this system.
How to Bet with Payz
If you decide to make payments with Payz and place wagers on sporting competitions and events, you can check our general instructions:
All the bookmakers on our list are high-quality and reliable. The instructions we provide you with are suitable for every one of them. You can read our instructions and get a general understanding of the process, so you will have no problems wagering with real funds using the Payz payment system.
Wait for the match to end to see the results. If your bet wins, you can also use Payz to receive your winnings. Since the bookmakers we list don’t charge any fees, you need to check with your financial provider to make sure it doesn’t charge any commissions. You also need to ask about its limits.
1
Choose a bookmaker from our list
Check out the bookies we review and find one that is suitable for you. Once you make up your mind, visit the official website to explore further.
2
Get familiar with the platform
Check the list of options and payment methods. Make sure that it supports Payz as one of the methods.
3
Set up an account
Click on the ‘Register’ button to start the signup process and submit your information. Confirm your contact details and identity and go to the next step.
4
Top up your balance
Log into your account, and in the ‘Deposit’ section, choose Payz to add funds to your balance. Provide the necessary details and specify the amount you wish to send.
5
Start betting
Wait for the money to show up in your balance. This usually takes a few seconds. Next, choose an event to wager on. Look at the ‘Sports’ section and click on the match and competition you’re interested in. Check the available betting markets and click on the one you would like to add to your bet slip. Enter your stake and confirm your wager.
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.
The Payz app is listed in the Malaysian App Store, so you can download it and open an e-wallet. The Payz Mastercard, though, is only offered in the UK and most EU/EEA countries, so Malaysian users get the wallet without the card. Check eligibility during sign-up.
Can I get a welcome bonus with Payz?
Often, yes, but not always. Some bookmakers exclude e-wallet deposits such as Skrill, Neteller and Payz from their welcome offers, so read the bonus terms before you deposit.
Does Payz have a mobile app?
Yes. The Payz app is in the Apple App Store, including the Malaysian store (we checked in October 2026), and the Payz website links to the Android version.
Is Payz regulated?
Yes. Payz is issued by PSI-Pay Ltd, which is authorised by the UK Financial Conduct Authority as an e-money institution (reference 900011).
Are there fees for Payz transactions?
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.