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Payz in Swiss Casinos
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This page is for players in Switzerland who want to use Payz (formerly ecoPayz), an eWallet with a prepaid card, to fund a licensed Swiss online casino. Switzerland has allowed online casinos since 2019, but only a small number of land-based casino operators hold an online licence. Below we cover how Swiss online gambling is regulated, the history of Payz, and the steps for deposits and withdrawals.
Online Gambling Regulation in Switzerland
As introduced, Switzerland is considered one of the wealthiest, most prosperous countries in the entire world, so it should come as no surprise that it is also the home to the classiest land-based casinos. As of 2000, when it first introduced gambling legislation, the brick-and-mortar casino establishments in the country have been further contributing to its unrivaled economy. The revenue from these casinos arrived from both foreigners and Swiss players who were allowed to frequent them for over two decades, so seeing the potential in the industry, the country started considering regulating online gambling, too.
That’s how in 2019, Switzerland introduced the Money Gambling Act, a new law that legalized online alongside land-based gambling. However, the law introduced a condition for operators interested in getting a license to operate online. Namely, only those operators with an existing license to operate offline could apply for an online gambling license.
Only holders of a land-based casino licence could apply, in cantons like St. Moritz, Lucerne, Zurich, Basel, Baden and Bern, so the number of licensed operators is small: reports put it at around ten, with Casino Locarno the tenth to get an online licence in March 2026. The online gambling market launch was on the 1st of July 2019, and with it, the first licensed operators launched their online casino websites.
The two main bodies overseeing online gambling are the Federal Gaming Board (ESBK), which supervises casinos including online casinos, and Gespa (the Swiss Gambling Supervisory Authority), which oversees lotteries and sports betting. Between them they block access to unlicensed foreign sites, mostly by DNS blocking, and keep a public blacklist. Switzerland is pretty strict when it comes to unauthorized sites accessing the market.
Nevertheless, as a Swiss online casino player, you still have licensed casinos to explore and join, offering most of the game types you wish to play. Be that slots, Live Casino games, video poker, table games or online poker, you will find many of these, although the exact selection depends on the casino.
These are provided by leading software developers who extended their portfolios in Switzerland by obtaining a license to legally offer their games on the market. We’re talking Play’n GO, Pragmatic Play, Red Tiger, and Spinomenal among others.
Swiss casinos also list a variety of payment methods. Among them, some list Payz, which offers an eWallet and an optional prepaid card. Payz is operated by PSI-Pay Ltd, authorised by the UK FCA. Read on for its history and the steps for deposits and withdrawals.
Using Payz Across Swiss Online Casinos
You may have seen Payz under an older name. It was called ecoPayz from July 2013 until the rename to Payz in April 2023 (Finance Magnates, LCB), and ecoCard before that.
Payz is operated by PSI-Pay Ltd, an electronic money institution authorised by the UK Financial Conduct Authority (FRN 900011). Its terms say it is not a bank account and is not covered by the FSCS; customer funds are held in a separate safeguarding account (Payz terms).
Payz is one of several e-wallets; Skrill and Neteller are others. Compare fees and limits before you choose.
Payz says users can send and receive payments in 50+ currencies. Check the list shown when you register to see whether Swiss francs are offered. The rename to Payz in 2023 did not add a new product, and the eWallet and optional prepaid card remain.
Payz shows the funding options open to you after you sign in, and they depend on your country and change over time. Methods that casino guides have listed include VISA, Paysafecard, Klarna, bank transfer, Google Pay and Trustly. Confirm what is available to you before you rely on any of them.
Some casinos list Payz for both deposits and withdrawals, but this varies by casino, so check the cashier of a licensed Swiss site before you register.
Payz is popular in these countries
Casinos for Players from Switzerland that Offer Payz
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Deposits and Withdrawals with Payz
Which licensed Swiss casinos list Payz changes over time. Check the payment page of the site you are considering before you create an account.
Once your online casino player profile is ready, you are also ready to make your first deposit. And to do that with Payz, you have to do the following:
You can deposit with either product, but only the eWallet can receive withdrawals. The prepaid card does not work both ways. Log in to your eWallet and request the payout in the casino cashier; the casino checks the request first. Payz's terms say a request to redeem e-money from your account is processed to arrive within 3 business days (Payz terms).
Conclusion
Payz offers an eWallet and an optional prepaid card, and some licensed Swiss casinos list it. Check in your Payz account whether Swiss francs are offered and what fees apply, and check the casino's cashier for deposit and withdrawal options before you sign up.
FAQs
Are online casinos legal in Switzerland?
Yes, but only casinos that hold a Swiss licence. Licences went to holders of land-based casino licences, and unlicensed foreign sites are blocked.
Does Payz support Swiss francs?
Payz says it supports 50+ currencies but does not name them on its homepage. Check the currency list when you register.
Can I withdraw to the Payz prepaid card?
No. Casino withdrawals can only go to the Payz eWallet, and only if the casino lists Payz for withdrawals.
Where can I get help in Switzerland if gambling is a problem?
SOS Spielsucht offers free, anonymous telephone consulting in German, 24 hours a day, on 0800 040 080.
Other ways to pay in Switzerland
We also review these payment methods for players in Switzerland: MiFinity and Paysafecard.
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