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It is the way a wigger (wiggah) /chigger (chiggah), a person who lacks racial confidence/pride in his own race and depends on identity upon trying to be something he's not (like being black), says "Peace" in order to seem black.
John CHAN "Waddup my hot DAWG?!"
Jason SMITH "Not too much mah Niggah! PAYCCCCE!!"

Terry O'NEIL "Um. Are you ignorant blasphamuses trying to replicated my black heritage? Is that mockery I smell a foot? Let me kindly... CAP YO ASS"

*bang bang*

Terry: "PAYCE. fools"
Payce by Aduras September 4, 2004
Related Words
payce paycen Paycebo Paycelet paycence Paycer pace payne Pacer Pacer Test
same thing as peace. but said in a different way,louder.
yo, i gota go so PAYCEEE.
PAYCE by Rabberzz February 3, 2007
Variation of peace, meaning bye, im out, or later.
payce by Anonymous March 13, 2003
Just a different way of saying peace. It's just said louder, and is pronounced "PACE"

and Aduras is a penis tip
tyrone: i gotta go, PAYCE!(peace)
william:i gotta go, PAYCE!(peace)
ching: i gotta go, PAYCE!(peace)
payce by ImRight September 30, 2007
It is a way to say "I'm out" of a conversation when you are chatting online. Another way of saying "Peace" or "Duece", but being chill about it. And, chill / laid back now a days seem to be reflected by the word "Payce".

This has nothing to do with someone trying to impersonate a Black person, its the attitude / emotion being replicated.
Jeremy: "Say I got a lot of work to do. I'm out"
Jeremy: "Payce"
Kevin: "Later"
Payce by Shotgun Silver December 28, 2005