Positive Aspects
- Controlled & & Secure: Payz is operated by PSI‑Pay Ltd, regulated by the UK Financial Conduct Authority
- Strong Casino Integration: Especially in Canada, Payz is applauded for quickly, protected purchases and mobile-friendly use at online gambling enterprises. Individuals report down payments are instantaneous and withdrawals fast (frequently within 24 hours).
- Competitive Fees & & VIP Perks: It typically supplies reduced charges than opponents like Skrill or Neteller. Its tiered VIP program supplies reduced prices, greater limitations, cashback, complimentary P2P, and pre paid card gain access to.
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Individual Complaints and Drawbacks
- Mobile App Ratings: On Apple’s App Store, Payz scores simply 1.8/ 5 from 13 rankings, with complaints about verification and transfer issues.
- On Google Play, it’s around 2.9– 3.6/ 5, with criticisms regarding blocked transfers and poor customer interaction.
- Trustpilot & & Trust Issues: Trustpilot reveals mostly adverse testimonials– numerous customers report withdrawal hold-ups, blocked transfers, and poor customer support. Payz holds a 2.6-star “Poor” depend on ranking on the whole.
- Confirmation Hurdles: Several user comments point to strenuous verification procedures– some say they were required to supply papers like bills or renter arrangements, which they didn’t constantly have.
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Payz Review– Personal Account Testing
Onboarding & & First Impressions
The onboarding process was simple, and the mobile application worked well. The account came with VIP Diners Club digital and physical cards, which were unexpectedly terminated at the end of July 2025. No official explanation was supplied, which is not a calming indicator.
Account Details
IBANs are released in Ireland by Modular Finance.
Packing Funds & & Verification Issues
When testing deposits of under EUR2,000 and later EUR5,000, each attempt set off unneeded inquiries, adhered to by the cold of both the funds and the account.
A conformity call exposed poor English skills and restricted governing understanding.
In one situation, after decreasing to offer repetitive proof (funds had actually already been verified when filling the account), support later on admitted it wasn’t required– but after that claimed that sending out in funds and withdrawing them constituted a “violation.” The account was frozen once again, interior policy not grounded by any kind of compliance reason. Eventually, the withdrawal was processed instantly after much back-and-forth.
Account Closure
Complying with these concerns, we requested account closure.
Verdicts
Our experience aligns with several adverse Trustpilot reviews, beyond the sluggish client service:.
- Processes seem made to maintain funds locked in the account.
- Every inbound transfer from your very own account undergoes 100% verification; it’s vague just how intricate it would certainly be with third-party or company transfers.
- The business design appears focused on encouraging customers to invest by means of card as opposed to withdrawing funds– most likely since that’s where Payz earnings.
Last Recommendation It appears largely suited to gambling-related usage, where customers load a wallet and invest using card.
: Especially in Canada, Payz is praised for quickly, secure transactions and mobile-friendly usage at online gambling establishments.: Trustpilot shows mainly unfavorable reviews– many users report withdrawal hold-ups, blocked transfers, and poor client service. The account came with VIP Diners Club virtual and physical cards, which were suddenly cancelled at the end of July 2025. The account was frozen again, internal guideline not grounded by any type of conformity reason. It seems primarily fit to gambling-related usage, where individuals load a budget and spend by means of card.
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