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Payz in Vietnamese Casinos
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The legal situation with online gambling in Vietnam might not be promising, yet there are still hundreds of players from the country accessing and playing across global online casinos, using awesome payment solutions like Payz. Vietnamese players love using this online payment solution for many reasons, but mainly because it allows them to make smooth deposits AND withdrawals, and it is an option across many online casino sites. With all of these in mind and plenty of other perks you’ll soon learn about, it is not difficult to conclude that this solution is one of Vietnamese players’ favorite at international casinos catering to players from the country. So, if you are one yourself, interested in knowing more about it to eventually start using it, stay with us. What is Payz and why choose it as your payment method across Vietnamese casinos?
Online Gambling Regulation in Vietnam
The Southeast Asian country of Vietnam is, as you may know, a poor country with a struggling economy. With hopes to improve the situation, the country decided a few decades ago to allow investors to build land-based casino establishments, that would hopefully bring the revenue the government really needed at the time. So, these casinos were built, all right, but there was one thing that investors were not permitted, and that is, they were not permitted to allow Vietnamese players to gamble there. This meant that the government was trying to attract tourists with this move, and not open the doors to the many interested Vietnamese players to frequent these casinos.
The situation being as such, forced Vietnamese players to go and play their favorite casino games across the floors of Cambodian land-based casinos. Seeing its own players' interest, Vietnam reconsidered its previous ruling and decided to allow them to start frequenting some land-based casinos. The revenue saw growth thanks to the locals and their interest in playing casino games, so to this day, the land-based gambling status remains the same.
As far as online gambling is concerned, as you’d imagine, it is considered a crime in Vietnam. Vietnamese players are not allowed to engage in online gambling activities, and if they do, they can get imprisoned or receive a hefty fine. The government did not see the added revenue potential online casinos could bring, the financial boost the country would receive, so, so far, it has not made any moves when it comes to regulating the activity. Perhaps, the government is afraid the online gambling industry would spook land-based casino investors and decided to keep things just as they were.
This brings us to our topic: are there any Vietnamese online casinos you could frequent as an online casino player from Vietnam? Sadly, the answer would be just like you expected: no online casinos licensed in Vietnam exist nor will ever exist; that is unless the country changes its stance towards online gambling. But, don't lose all hope. In fact, even though the Vietnamese government has proven capable of locating and fining operators who would offer their content to Vietnamese players, there are still many international online casinos that cater to them.
These are all sites that offer content delivered by some of the best software developers, so you certainly won’t lack a thing when it comes to the choice of games at your disposal. Whether you prefer playing online poker, slots, video poker, Live Casino games, or table games, you have them all! These are powered by giants like Play’n GO, Red Tiger, Pragmatic Play, and Evolution, to name a few.
Going over the decent number of sites that target Vietnamese players, trying to find one to join, you will see that most, if not all of them,offer Payz as an alternative payment method suited for players from your country. It is not a credit card, it is not directly tied to your bank, so you can freely use it to avoid raising any suspicion with the authorities through your bank. In fact, this is a solution offering a prepaid card, but as of a decade ago, also an eWallet product. So, with it, you get to choose how you would like to fund your casino balance, and you’ll be able to safely cash out your winnings, too, since the solution is suited and used for both deposits and withdrawals. As if all of that wasn’t enough, wait until you hear that the Vietnamese dong is accepted, too! Therefore, if willing to explore it more, continue reading as we’ll give you all of the specifics that make this solution one of the best options for Vietnamese players across international online casinos.
Using Payz Across Vietnamese Online Casinos
Payz is one of those solutions that have been around for decades, but under different names, and that's why not many can recognize it by its name, but by its qualities. To start with, when it first went live as a prepaid card, it was called ecoCard. That name served it for exactly 13 years, and it is the name that put it on the global map. Thanks to the impeccable service it was offering, especially to online shoppers worried about using credit cards online, the solution got heard across the entire European continent and beyond.
That’s actually what inspired the next name change, ten years later, and the next big thing introduced by it. So, the company behind it decided it was time to rebrand, and introduce a new product, an eWallet, to take the solution fully global, offered in over 50 currencies and to basically anyone in the world, even unbanked users. The name ecoPayz, as it was now called, was an instant success and now offering two products, the solution managed to become among the top alternative online payment solutions available out there. Since Neteller and Skrill withdrew their prepaid cards from over 100 countries, most of them key gambling markets, the solution stole the spotlight in the online gambling industry, too, even though it was already offered there, among other major industries.
More recently, we heard another piece of huge news from it; the solution rebranded to Payz now, in 2023, and it looks like it is about to stay that way for good. Easier to remember, catchier, and more modern, the new minimal name tells you exactly what you need to know: it is a solution using which you can pay now, pay anyone, anywhere across the globe, in all mainstream currencies, including the Vietnamese dong.
The solution further strengthened its position as a leading and popular payment method across all industries, but it got special attention across the online gambling industry. That's mainly because it did not change any of its policies and terms, but further reinstated its promise of offering the best services and delivering exactly what's promised. But mostly, because it offers an amazing Loyalty Club to its users, something online casino players appreciate more than everything. With monthly cashbacks, constant free cards, and many other perks that could keep them playing at their favorite casino sites, online casino players absolutely love it, especially those from Vietnam.
If you're one yourself, a Vietnamese player who would love to try it, the getting started process is super-intuitive, so you can start right away with the registration procedure. To create an account with it, visit its official website and find the Sign-Up button. Press it and fill out the registration form with some basic personal information. Next, select the Vietnamese dong as your default currency and you’ll be ready to fund your account.
Bank transfer, Trustly, Klarna, Google Pay, Paysafecard, and VISA are just some of your options for funding the account; better yet, if you already have your Payz prepaid card ordered and received, you can use it too. If not, and you wish to request for a card, while you’re logged into your eWallet account, once funded, you can order it on the spot, funding it with money from your eWallet balance! How great is that!
Finally, we’ve come to the sweetest part: funding your online casino account with the solution and using it to cash out your winnings. To get the right steps, make sure you follow our lead, as we’ll explain everything to you next.
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Deposits and Withdrawals with Payz
We mentioned that you don't have hundreds of international online casinos, or sites licensed in your country to choose from, but you certainly have a decent number of casinos to explore which accept Vietnamese players.
You’d need to check out a few options and find the site that would work best for you, both in terms of games and payment methods to choose from, meaning a site that accepts this amazing solution. As soon as you find one that looks good to join, register an account with it and, to make a deposit with Payz, do the following:
- Go to the casino’s Cashier page and look for Payz’s logo.
- Press it and depending on whether you’re depositing with the card or the eWallet, either enter the card details or access your account, respectively.
- Specify how much you wish to have on your casino balance.
- Confirm and watch the funds arriving instantaneously on your real money balance at the casino.
Given the fact withdrawals with the eWallet are also instant, delivered instantly after the casino approves them, it goes without saying that this solution is more popular with players for withdrawals. The card cannot be used for cashouts, of course, but you must’ve expected that, given its nature. Repeat the same steps as described just now for the process with the eWallet, and you’ll be successfully able to cash out your winnings with this solution.
Conclusion
Considering the lack of local options for Vietnamese players across international online casinos, Payz comes as a savior, a solution that solves the problems of many players from the country, wishing to have a relaxing and fun online gambling experience. If you haven't tried it yet, make sure you do right away, since this is a solution you need for the smoothest deposits and withdrawals in Vietnamese dong.
FAQs
Do I need to pay a fine if caught gambling online as a Vietnamese player?
Yes, indeed, you would either need to pay a fine or even get prison time, since online gambling is considered a crime in Vietnam.
Are Vietnamese players allowed to engage in land-based gambling?
Well, the country allowed a number of investors to build land-based casinos, and while previously Vietnamese players were not allowed to frequent them, now they are.
Will I find Payz across many Vietnamese casinos?
Yes, of course, you will. The solution is incredibly popular across global casinos, so it surely will be offered across most, if not all Vietnamese casinos.
Can I call someone in case I have an issue with my Payz transaction at a Vietnamese casino?
Yes, you can call your chosen casino’s Support team. They should be reachable via phone, but if not, try them via Live Chat or email. The solution offers its own Support service, but available only via email.
Do withdrawal fees apply when using Payz across Vietnamese casinos?
No, not really. Neither casinos charge any nor the solution itself. You can rest assured that withdrawals with it would be fee-free.
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