Paycos

As online gambling continues to grow, so does the demand for alternate payment methods. For some players, it’s as simple as wanting their local banking options to be available. Others are used to less traditional payment methods, such as sending and receiving money with mobile phone accounts. Whatever players may desire, Paycos has them covered!

The payment gateway supports over 50 countries and currencies, allowing it to service customers around the globe. Paycos provides a safe way to send and receive funds online through a variety of payment methods. It also has a flexible UI that works well on all devices.

Overall, we are quite satisfied with what Paycos offers casino members. Continue reading to learn more about the payment gateway and its benefits in online casinos.

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About Paycos

Paycos is an online payment service aiming to deliver instant payments to individuals. The Cyprus-based company prioritizes convenience and security, ensuring its users get the best experience possible. Paycos is very picky about its partners and only offers payment methods that have proven to be trustworthy.

The company is run by Raggett Limited, which specializes in consultancy and marketing. While Paycos feels a little out of the left field for the business, we cannot argue with the excellent results.

Target Markets

The payment gateway supports banking options available to players worldwide. However, a large chunk of its accepted payment methods caters to the Russian market, such as Qiwi and Yandex. Paycos also offer payment methods like UZCard, which is exclusively available in Uzbekistan, Kazakhstan, and Kyrgyzstan. As such, it is safe to say the company’s primary focus is in Eastern Europe and Central Asia.

Paycos can be used for deposits at online gambling

Paycos Account

Convenience is king for any payment gateway worth its salt, and Paycos is no exception. Once an online casino integrates the service, users can take advantage of it without needing a dedicated account.

How to Deposit with Paycos?

Depositing money with Paycos is a straightforward process that only takes a few moments. Sign in to your casino account and then navigate to the banking page. Once there, select Paycos and how much money you wish to deposit. The payment gateway will then open in a new window. From there, you can select what banking option to use. Based on the payment method, you may need to authorize the transaction by logging into your bank or e-wallet account.

How to Withdraw with Paycos?

To withdraw money, open the casino’s cashier page and select withdrawals. Choose Paycos from the list of banking options, and confirm how much you plan to cash out. You will see a list of all withdrawal methods the payment gateway accepts. Select one that suits your needs, and let Paycos take care of the rest.

Transfer Times, Fees, and Security

The service strives for near-instant transfer times for both deposits and withdrawals. Paycos deposits succeed at this, with funds becoming available in your account as soon as the transaction clears. However, cashing out almost always has some waiting time. Depending on what banking option you use to withdraw money, it can take between a few hours to a couple of days.

Paycos does not charge casino members for using its payment gateway. Any additional costs for using the service stem from the gambling site or your payment method.

The company is PCI-DSS compliant, meeting security standards set by Visa and MasterCard. The service also encrypts all data and payment info sent between Paycos and the casino using TLS 1.3 encryption. Finally, some payment methods also use two-factor authentication, requiring players to approve transactions before the funds are sent.