Betting with Payz India

Payz was established in the UK in 2000 by PSI-Pay Ltd, and it’s a global online wallet that operates in more than 160 countries. Lately, it has become an increasingly popular payment method for bettors in India.

It is a reliable option for fast deposits and withdrawals, while at the same time, it allows players to be eligible for welcome bonuses and offers a great VIP program. In terms of privacy, funding your account can pass under the radar.

Payz is 100% legal in India and authorized by the British FSA (Financial Services Authority). It is straightforward to set up a new account, and you can also choose INR as your currency. In the following sections, we take a closer look at every aspect of Payz, such as:

A detailed guide to the top bookmakers that offer Payz in India
Why should you consider it?
Information about how to deposit and withdraw

Cristina Tudose Jun 15, 2021

Which Are The Best Payz Betting Sites In India?

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Tested And Approved Payz Betting Sites In India

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Why you should bet with Payz in India

Any player has a multitude of reasons to choose Payz in India. Speedy transactions, a VIP rewards program and great customer support service are some of them.

✔ Easy transfers: It is simple and easy to deposit with Payz to your favourite bookmaker. At the same time, the possibility of rejection is close to zero for any transaction.

✔ Welcome Bonus eligibility: Betting sites that accept Payz in India do not exclude you from claiming a bonus. On the other hand, other e-wallets like Skrill or Neteller are usually excluded from sign-up offers and promotions.

✔ Safety and security: The two-factor...

Any player has a multitude of reasons to choose Payz in India. Speedy transactions, a VIP rewards program and great customer support service are some of them.

✔ Easy transfers: It is simple and easy to deposit with Payz to your favourite bookmaker. At the same time, the possibility of rejection is close to zero for any transaction.

✔ Welcome Bonus eligibility: Betting sites that accept Payz in India do not exclude you from claiming a bonus. On the other hand, other e-wallets like Skrill or Neteller are usually excluded from sign-up offers and promotions.

✔ Safety and security: The two-factor authentication gives a sense of security. Also, every time you proceed with a transaction to bookies that offer Payz , an OTP will be sent to your registered phone.

✔ Great customer support: The service is available 24/7. You can contact them through the phone in the English language but also through live chat. On Payz India support, you will easily find answers to any kind of questions.

✔ Player-to-player transactions with no fees: Through Payz, you are able to transfer amounts to a friend without any fees. Even if you would like to transfer money abroad, you can do so with zero fees, which can be considered a significant advantage.

✔ Under-the-radar activity: Payz doesn’t share your personal banking details with a third party. So it’s a big advantage that your betting activity is unreachable by the local authorities.

✔ VIP program: For constantly active players, a VIP program gives exclusive privileges, including free money transfers and low currency conversion fees.

✔ Mobile app: A free mobile app that allows easy and quick transactions. Easy to use and with a nice design, you can utilize it to gamble on the go. It is available for Android and iOS devices.

Drawbacks of betting with Payz India

Like any other online payment method, Payz comes with some disadvantages, such as high conversion fees and KYC procedures when players withdraw big amounts.

❌ Limited availability at bookmakers: Despite the fact that Payz has become popular among bettors, many bookmakers in India still don’t accept it.

❌ Payz card is not available: ecoCard is only available to residents of the EEA for now. Moreover, the same applies to the ecoVirtualcard, which is also not available for Indian players.

❌ KYC needed for large withdrawals: When you proceed with a withdrawal, and the amount is high, your boo...

Like any other online payment method, Payz comes with some disadvantages, such as high conversion fees and KYC procedures when players withdraw big amounts.

❌ Limited availability at bookmakers: Despite the fact that Payz has become popular among bettors, many bookmakers in India still don’t accept it.

❌ Payz card is not available: ecoCard is only available to residents of the EEA for now. Moreover, the same applies to the ecoVirtualcard, which is also not available for Indian players.

❌ KYC needed for large withdrawals: When you proceed with a withdrawal, and the amount is high, your bookmaker will probably ask you for more personal information before it releases the amount.

❌ Withdrawal fees: Unlike other wallets like Neteller or Skrill, you may have to pay some fees when you proceed with a withdrawal. The amount depends on the betting site you opt for.

How to Bet with Payz India

If you wish to bet using Payz in India, you have to open an account first. Creating an account is a quick and straightforward procedure. You just need to follow the steps below:

Visit Payz.com and select the "Sign up" option.
Fill in your personal user details, like your username and your email address, choose your password and select language, country and currency.
Provide your personal information like your full name, address and phone number.
Click on "Create account” and verify your account.

That’s it. Since you have completed these steps, your account is ready and verified. You can now pro...

If you wish to bet using Payz in India, you have to open an account first. Creating an account is a quick and straightforward procedure. You just need to follow the steps below:

Visit Payz.com and select the "Sign up" option.
Fill in your personal user details, like your username and your email address, choose your password and select language, country and currency.
Provide your personal information like your full name, address and phone number.
Click on "Create account” and verify your account.

That’s it. Since you have completed these steps, your account is ready and verified. You can now proceed with a deposit on your favourite bookmaker.

How to withdraw money from Payz in India

If you’re wondering how to withdraw money from Payz in India, it’s easy if you follow the steps below:

Log into your bookmaker’s site and click the “Withdrawal” tab.
Choose Payz from the list of withdrawal options.
Select your desired amount.
Click on the “confirm” button and complete the procedure.

You will also receive an OTP on your phone to ensure that you are the one who asked for this transaction. Usually, it takes 1-3 days to receive the amount on your Payz account.

Betting with Payz has some applicable fees and some extra charges. When you deposit to your Payz account via ban...

If you’re wondering how to withdraw money from Payz in India, it’s easy if you follow the steps below:

Log into your bookmaker’s site and click the “Withdrawal” tab.
Choose Payz from the list of withdrawal options.
Select your desired amount.
Click on the “confirm” button and complete the procedure.

You will also receive an OTP on your phone to ensure that you are the one who asked for this transaction. Usually, it takes 1-3 days to receive the amount on your Payz account.

Betting with Payz has some applicable fees and some extra charges. When you deposit to your Payz account via bank transfer, the fees will be from 0 to 7%. The exact percentage depends on the bank that you're dealing with.

If you're transferring money through your credit card, fees are from 1.69% to 6%, depending once again on your bank but also on the provider of your card (i.e. Visa or Mastercard). On top of that, there is an extra fee of INR 22.

Regarding Payz India withdrawal fees, if you want to send money to your bank account, the fees are between 4-5% depending on the bank. The processing time is up to 3 business days.

In case you would like to transfer your money to an international bank account, then fees will be INR 900 and the processing time is up to 5 business days. You are allowed to proceed with only one international transaction per day, and the maximum amount is INR 500,000.

Does Payz in India come with fees and limits?

Betting with Payz has some applicable fees and some extra charges. When you deposit to your Payz account via bank transfer, the fees will be from 0 to 7%. The exact percentage depends on the bank that you're dealing with.

If you're transferring money through your credit card, fees are from 1.69% to 6%, depending once again on your bank but also on the provider of your card (i.e. Visa or Mastercard). On top of that, there is an extra fee of INR 22.

Regarding Payz India withdrawal fees, if you want to send money to your bank account, the fees are between 4-5% depending on the bank. The processing...

Betting with Payz has some applicable fees and some extra charges. When you deposit to your Payz account via bank transfer, the fees will be from 0 to 7%. The exact percentage depends on the bank that you're dealing with.

If you're transferring money through your credit card, fees are from 1.69% to 6%, depending once again on your bank but also on the provider of your card (i.e. Visa or Mastercard). On top of that, there is an extra fee of INR 22.

Regarding Payz India withdrawal fees, if you want to send money to your bank account, the fees are between 4-5% depending on the bank. The processing time is up to 3 business days.

In case you would like to transfer your money to an international bank account, then fees will be INR 900 and the processing time is up to 5 business days. You are allowed to proceed with only one international transaction per day, and the maximum amount is INR 500,000.

Payz vs Paytm

Paytm is one of the biggest wallets in India, with over 350 million users, and it is designed exclusively for Indian players. Paytm app is easy to use...

Paytm is one of the biggest wallets in India, with over 350 million users, and it is designed exclusively for Indian players. Paytm app is easy to use and gives you many ways to deposit on your account. Moreover, you are able to connect your Paytm account with other wallets like Skrill and Neteller.

Although it applies high withdrawal fees (4%), if you deposit more than INR 10,000 in a month to a Paytm account, only 2% fees will be levied. Finally, you always have to check which betting sites accept Paytm, as is not always the case.

Payz vs Skrill

Skrill is one of the most popular payment methods for funding an account on an online betting site. It is widely accepted by bookmakers and allows bet...

Skrill is one of the most popular payment methods for funding an account on an online betting site. It is widely accepted by bookmakers and allows betting with rupees. However, you are not eligible for a welcome bonus or even for some promotions when you bet through Skrill.

On the other hand, bookies that support Payz in India offer you great promotions most of the time. If you want to send your money to your bank account, fees could be up to 7.5% per transaction when using Skrill and are much higher than using Payz.

Payz vs Neteller

Neteller is also a famous e-wallet among bettors. But is Neteller legal in India? Well, most Indian bookies accept payments through it, but players are...

Neteller is also a famous e-wallet among bettors. But is Neteller legal in India? Well, most Indian bookies accept payments through it, but players are excluded from welcome bonuses and promos most of the time.

When you deposit to your Neteller account, fees are from 1.90% to 4.95% if you are depositing through Visa, Maestro & Mastercard, and 7% through Paysafecard. If you want to send money to your bank account, fees are 2.5%.

OUR VERDICT

Final word on Payz India by Book Spy

Last updated: Jun 16, 2026

Bookmakers that offer Payz in India have lately become a good choice for any local bettor. Welcome bonus eligibility and free player-to-player transfers are some of its great benefits. Moreover, easy & fast payments and its high-quality customer support department give players a sense of security.

Nonetheless, there are still many Indian bookies that don't accept Payz as a payment method. The fact that you can deposit to your Payz account only through bank transfer or your credit card could be considered a disadvantage. Furthermore, an Indian bettor is not able to use the ecoCard or even th...

Bookmakers that offer Payz in India have lately become a good choice for any local bettor. Welcome bonus eligibility and free player-to-player transfers are some of its great benefits. Moreover, easy & fast payments and its high-quality customer support department give players a sense of security.

Nonetheless, there are still many Indian bookies that don't accept Payz as a payment method. The fact that you can deposit to your Payz account only through bank transfer or your credit card could be considered a disadvantage. Furthermore, an Indian bettor is not able to use the ecoCard or even the ecoVirtualcard.

To sum up, Payz could be considered a good choice for any player. Under-the-radar activity and betting in rupees are some of its most significant advantages. However, the processing time of withdrawals could be slow, when on other wallets, like Skrill or Paytm, a withdrawal could be completed on the same day.

Frequently Asked Questions

Is Payz available in India?

Payz is safe and legal in India. Since it is an online wallet, it isn't affected by local laws and allows gambling activity to players. In recent years, more and more betting sites accept it as a payment method.

Can I use Payz card in India?

For the time being, you are not able to use an Payz card or ecoVirtualcard if you are in India. They are only available for residents of countries in the EEA.

Can I connect my Payz account to other wallets in India?

For now, you are not able to connect your Payz account with other e-wallets like Skrill or Neteller. You are only able to connect it with your bank account or with your credit card.

Does Payz India have any fees?

Like any other method, Payz comes with fees that depend on the way you deposit to your account but also from your bookmaker.

Does Payz accept Indian rupees?

Payz card accepts almost 45 different currencies. Indian rupees are among them and also you have the opportunity to exchange in all other currencies if you want to.

Which are the best Payz cricket betting sites India has to offer?

There are many decent betting sites that offer Payz as a payment method, as well as a wide array of cricket betting options. However, 22bet and 1xBet are considered the absolute best, since they come with 150+ markets per event