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Payz in Malaysian Casinos
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Malaysian online casino players, being free to join any casino that caters to them, are also free to choose whichever method works for them to make deposits and withdrawals, and Payz is one of those methods available to them, offering the smoothest transactions. It offers two products players can use to fund their accounts and cash out winnings from, offered across hundreds of international casinos targeting Malaysian players. If you’re a Malaysian player in the search for the top solution to use at an online casino, interested in using it, stay with us to discover more about it. What is Payz and why choose to use it as your payment solution at a Malaysian online casino?
Online Gambling Regulation in Malaysia
Malaysia is one of those countries where gambling is taken loosely and there are no limits for players wishing to engage in the activity. There is an ancient law that bans gambling, put into effect way back in 1953, but it is not enforced nowadays. It looks like the Malaysian government has no intentions of enforcing it, not when it comes to land-based or online gambling. So, as a Malaysian casino player, you can both frequent brick-and-mortar and online casinos that accept players from your country, without worries of getting prosecuted for it, since there are no records of players being fined for engaging in the activity.
Even though reviewing the old law seems like a wise move, since gambling revenue would significantly boost its economy, it looks like the government is not interested in it. With so many other issues to focus on, it seems like the government has simply discarded gambling overall. The outdated law is the only one that exists in the country but is not being enforced, it looks like everyone has forgotten about it, leaving players free to join any site that is accessible to them. Some efforts have been put in to stop illegal online gambling operations, but since there is no regulatory body in the country, players can still access plenty of sites, licensed by other regulators, to enjoy seamless online gambling.
On that note, since you have no backup from your government, when choosing a casino to join, keep in mind that you have no player protection. That’s why you’d need to always look for sites licensed by at least one well-reputed regulator, like the UK Gambling Commission, to ensure you’ll be getting a fair and square gambling time as these focus predominantly on protection of players. You won’t ever find a site licensed in Malaysia, due to the ban and the lack of a regulatory body, so in case you see one claiming to be licensed in Malaysia, know that it is a scam and skip it. Always look for sites duly regulated by respected regulators to have a safe online gambling time as a Malaysian player.
With that in mind, you should also look for safe payment methods to use, to further protect your funds and sensitive details, a method like Payz. This is a solution that offers two useful products, a prepaid card, and an eWallet, allowing Malaysian players to make smooth deposits and withdrawals in Malaysian ringgits! Yes, it is as great as it sounds, so if interested in using it yourself, continue reading to find out more about its beginnings, its reputation, and the actual depositing and withdrawing procedures with it across the many Malaysian casinos that accept it.
Using Payz Across Malaysian Online Casinos
The main reason why you may have not heard of it so far, yet the solution still has an unrivaled reputation, is due to the fact that it was not always known under its current name. As a matter of fact, when it first launched, it went under the name ecoCard and operated like that for 13 years, offering the prepaid card product to users. ecoCard was a successful prepaid card that was mainly used for shopping purposes by users, even though it also was quite well-received across the online gambling industry, too, for quick and safe deposits.
In 2013, when the solution also launched the eWallet product, it legally changed its name to ecoPayz, which was a natural move now that it offered two products and not only the prepaid card. With this move, its popularity grew even further, especially across the online gambling industry, since Skrill and Neteller have just pulled off their prepaid cards from over 100 gambling markets. The freshly renamed solution was a real hit across online casinos, with new players starting to use it left and right.
Fast forward another decade and the solution rebranded to Payz only, to even further boost its brand and make it easier for users to remember its name, thanks to its now-shorter and catchy name. It did not introduce any new products this time but reinforced its promise of always providing users with the easiest-to-use and most innovative products for the smoothest online payments and purchases. Staying true to its promise, the solution is one that offers users the opportunity to make transfers of money to and from anyone, anywhere in the world, in more than 50 currencies, the Malaysian ringgit included.
Having in mind what you've read so far, it should come as no surprise to you to learn that the solution is incredibly easy to get started with it. As if that wasn't enough, once you start using it, you instantly become a member of its Loyalty Club, eligible to receive all kinds of perks, like free cards, monthly cashbacks, and even an improved Support service.
So, if ready, let’s go over the getting started procedure. The first step you need to make is to open your browser, find Payz’s official website, and press the Sign-Up button. A form will be displayed, where you need to enter some basic personal details and choose the Malaysian ringgit as the default currency you'll be using.
The next step would be funding the account with money. To do that, you would need to choose from popular methods like Klarna, Paysafecard, VISA, Google Pay, Trustly, and bank transfer, among others. Review all options and choose the one to go with. After you’ve created your account successfully, while still logged in, make sure you also request for the prepaid card to be prepared here, so you can use both methods across the many online casinos that offer the solution.
While on that matter, we must mention that most, if not all, online casinos catering to Malaysian players offer the solution, since it is incredibly popular across the online gambling industry. When choosing a site to join, you won’t need to look for long, because as soon as you check out one or two sites, you’ll see that you’ll find the solution offered there. So, stay with us to learn how to start using it at an online casino for the most effortless deposits and withdrawals ever.
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Deposits and Withdrawals with Payz
Having in mind its reputation, its popularity across online casinos, and the fact that it is incredibly easy to get started with and use, it should come as no surprise that Payz is offered across the very best sites that cater to Malaysian players. Sites like Casino Extreme and Tsars are just some options you could explore, but conduct your own research and you'll see that you'll find the solution available at every second if not every single Malaysian casino.
These are sites that offer wide selection of games, games of different types like poker, table games, Live Casino and top-notch slot titles. Delivered by the likes of Playtech, Pragmatic Play, Relax Gaming, and Evolution, these are industry-leading games that you’ll greatly enjoy.
So, the only thing left for you to do is choose the perfect site for you to join, and create an account with it. As soon as you do, to make a quick deposit with Payz, all you have to do is to:
- Access your casino account and look for its Banking/Cashier page.
- Once there, look for Payz’s logo in the Deposits section.
- At this point, you’ll be switched to its official website, to use your credentials and log into your account.
- Specify how much you want to deposit.
- Confirm the request and watch the money arrive immediately.
In step three, if using the prepaid card, you'd need to enter the card's details and specify the amount you wish to deposit to complete the transaction and the money will also arrive instantly.
And, considering withdrawals with it are also instant, you should not be shocked to learn that the solution is particularly popular among users for cashouts. You would need to go through similar steps when withdrawing with it, this time bearing in mind that you can only use the eWallet product. Due to its nature, the prepaid card won’t be an option. As soon as you send your withdrawal request, the casino will review it, and once it approves it, the money will safely arrive on your eWallet account in no time. To have the money in your hands, you can use any of the previous methods you used for funding your eWallet account, so choose whichever suits you most and get your cash!
Conclusion
There are many reasons why you should consider using Payz as a Malaysian player. For one, it is available in your country and offered across most, if not all online casinos. Two, it processes transactions in your native currency, meaning you won’t be paying conversion fees when transacting with it. Three, it offers two products, and finally, you can make both deposits and withdrawals with it. What else could one ask for? Add to that the fact that it is super-easy to get started with, and there you have a solution you must try!
FAQs
Are players from Malaysia allowed to gamble online?
Even though there's an old ban on gambling in Malaysia, players are still free to gamble online for as long as they want to, since the law is overlooked and not really enforced by government officials. That is why plenty of operators allow Malaysian players to join and play on their sites.
What happens if a Malaysian player gets caught participating in online gambling?
Nothing really, since the government does not go after players. There are no records of any player ever being fined for gambling online, so you can rest assured that you can freely join any casino that accepts Malaysian players.
Is Payz a method Malaysian players should use?
It surely is, considering it is accepted across many sites, it offers two products and with it, you can make both deposits and withdrawals, and it processes transactions in MYR. Do consider using it.
Does Payz have a Support service I could get in contact with for failed transactions?
It certainly does. Visit its official website, and you'll see a thorough FAQs page created by its team to help you out in case you need assistance, but you can also get in touch with them via email to get a prompt answer/solution to your question/issue.
Do I need to pay deposit/withdrawal fees when using Payz at a Malaysian casino?
No, not really. Operators won’t charge any fees for choosing to play using Payz, nor will the solution itself, since it does not charge for transfers to and from online casinos, inter-account transfers or registration.
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