Is ecoPayz the Same as Payz? The 2023 Rebrand, Explained

Short answer before you scroll: yes, ecoPayz and Payz are the same wallet. Same company, same balance, same login — the badge on the door changed and almost nothing behind it did. I get this question more than any other in my inbox, usually phrased with a hint of panic: “My casino cashier shows ecoPayz, but my app says Payz — did I sign up for two different things?” You did not.

The wallet you have been using to move money in and out of online casinos rebranded from ecoPayz to Payz on 11 May 2023, and the operator behind it, PSI-Pay Ltd, automatically migrated every account and balance across without asking users to do anything. No re-registration, no fresh verification, no transferring funds from an old wallet to a new one. If you had £200 sitting in an ecoPayz account on 10 May, you had £200 sitting in a Payz account on 11 May with the same number attached to it.

So why does half the gambling internet still call it ecoPayz, including casinos you would expect to have updated their banking pages years ago? That lag is the real story here, and it matters because the confusion costs people deposits. When a player sees one name in the casino cashier and a different name on the wallet website, the natural instinct is to stop and assume something is broken. Nothing is broken. Below I will walk through exactly what changed, when, why the old name refuses to die, and whether any of it touched your account in a way you need to act on.

What Changed in May 2023

I remember refreshing the wallet dashboard the week of the change and seeing the green ecoPayz mark quietly swapped for the Payz one, with a banner that essentially said “same wallet, new name.” That was the entire event from a user’s chair. The rebrand to Payz landed on 11 May 2023, and the legal entity running the show — PSI-Pay Ltd — did not change at all.

This is the part people miss. A rebrand sounds dramatic, but the company, the regulatory licence and the underlying infrastructure stayed exactly where they were. Accounts and balances migrated automatically, which is the single most important fact for anyone with money in the wallet. There was no window where funds sat in limbo, no manual export, no “claim your Payz account” email asking you to click a link and re-enter your card details. If you ever received a message like that, it was a phishing attempt, not the rebrand.

What did change was cosmetic and forward-looking: the name, the colours, the app branding, the marketing language. The product line behind it — the e-wallet, the prepaid card options, the multi-currency account — kept doing what it always did. Think of it like a high-street bank changing its name after a merger. Your sort code and account number stay; the sign outside gets repainted. The deposit you make at a UK casino tonight runs through the same rails it ran through in 2022.

Why Your Casino Cashier Still Says ecoPayz

Here is a frustration I share with readers: it is 2026, and I still open casino banking pages that list “ecoPayz” as a payment method, sometimes right next to a logo that clearly reads Payz. It looks like sloppiness, and sometimes it is, but there is a practical reason the old name has such a long tail.

Casinos integrate payment methods through technical connections that get labelled once and rarely touched again. Updating the visible name in a cashier means a developer ticket, a content change, often a fresh round of compliance sign-off — and none of that is urgent when the integration still works perfectly under either name. So the label lingers. The same inertia shows up in search: players still type “ecoPayz casino” out of habit, casinos keep the word on the page to match what people search for, and the cycle feeds itself.

There is also a trust dimension. ecoPayz spent two decades building name recognition in the gambling-payments space, and a casino that ripped the word out overnight might lose players who only know the old brand. Keeping both names visible is, oddly, the safer commercial choice. None of this affects your money or your transaction. Whether the button says ecoPayz, Payz or both, you are funding the same wallet and the deposit clears the same way.

What the Rebrand Actually Meant for Your Account

The honest version: for the average UK casino player, the rebrand meant nothing you had to act on, and that is by design. But “nothing changed” deserves a bit more precision, because two things did carry over and they are worth knowing.

First, the regulatory backbone stayed intact. PSI-Pay Ltd remains authorised by the Financial Conduct Authority under registration number 900011, with its company registration in England and Wales as 05899168 and offices in Horsham, West Sussex. That continuity is the whole point — the FCA permissions that make the wallet a regulated e-money product did not reset because the marketing team picked a new name. Your funds sit under the same safeguarding regime they did before. If you want the full picture of who actually holds your money and what their licence covers, I have broken down the operator in detail in a closer look at PSI-Pay and its FCA licence.

Second, your account credentials and history came across whole. Old transaction records, verification status, account tier, linked cards — all preserved. The only thing you might have noticed is the app updating itself and the logo changing. If your login stopped working at any point, that was almost always an unrelated password or two-factor issue, not the rebrand wiping anything.

The takeaway I give every reader who writes in worried: stop treating ecoPayz and Payz as two products. They are one wallet with two names, and the casino industry simply has not finished catching up to the paint job. Deposit, withdraw and verify exactly as you always have, and ignore which spelling shows up on the cashier screen.

Prepared by the Vaultline editorial staff.