ecoPayz Casinos
EcoPayz is a payment method that you will commonly find accepted at a host of top online casinos. Launched in 2000, EcoPayz is in many ways somewhat like Skrill, Neteller, PayPal and other leading online e-wallet payment methods that you can use online. Where there are millions of users worldwide, the number of clients EcoPayz has fewer than most of their rivals. That has not stopped the payment provider from being an industry leader in the world of online gambling.
EcoPayz accepts over forty of the world’s leading currencies to process millions of transactions annually. Amongst the types of currencies that can be used are euros, British pounds sterling, US dollars, Chinese renminbi, Indian rupees, Japanese yen, Norwegian krone, Swedish krone and more. Read More
There are several reasons why EcoPayz could be the ideal fit for you when gambling online. For a start, EcoPayz is PCI DSS compliant and performs identity checks on its customers. It also offers around-the-clock support and chargeback protection. There is a disputed transaction mitigation system, and all transfers are monitored in real-time. While EcoPayz has a few limits and fees associated with it, the payment provider is known for processing transactions in a speedy manner, too.
About EcoPayz
EcoPayz first appeared in 2000, at around the same time, many of its famous rivals started to spring up. However, EcoPayz was known as EcoCard back then. Like today it primarily dealt with physical and virtual prepaid card methods. Owned by PSI-Pay, this UK-based payment provider was the very first competitor to announce an iPhone app way back in 2009. That unquestionably helped them grow, as, within a year, EcoCard began to operate in a variety of languages and currencies.
By 2011, EcoCard had begun to start offering a business account to members. This created a tier-based membership system for users. Just two years later, EcoCard was rebranded as EcoPayz, in a bid to help it compete with rival payment providers. At the time, an entire suite of products was organised under the EcoPayz brand, including EcoAccount, EcoCard, EcoVirtual Card, and separate business and merchant accounts. A new mobile app launched the following year, allowing EcoPayz users to be mobile when processing payments.
2015 saw the introduction of a two-step verification process which would see EcoPayz get a leg up on its rivals and become one of the most secure payment options at online casinos. A rapid expansion at mainstream casinos followed. By 2020, EcoPayz was gradually doing away with some of the less popular options, preferring to focus mainly on EcoAccounts and EcoCards. This is where we find EcoPayz today.
Depositing at an EcoPayz Casino
Before you can start using EcoPayz, you need to open an account. This is straightforward to do and involves heading over to the EcoPayz online website. After opening an account, you can fund it using one of forty-six available currencies and several payment methods. These include VISA, MasterCard, American Express and bank transfers, amongst others. When you top-up your EcoAccount wallet, the funds should be available immediately.
EcoPayz fees and limits are a bit tricky to wrap your head around, and we would say that this is one of the few drawbacks to using the option.
All new players start out with a Classic Account, but these limit transactions to €2,500 in all, with top-ups coming with charges which range from nothing at all up to 1.69%.
These fees tend to drop when you upgrade your EcoPayz account, as do the limits attached to them. Silver members will face no limitations in transferring money and will also be eligible for an EcoCard, a prepaid MasterCard tied to the funds in their account.
EcoAccounts can span Classic, Silver, Gold, Platinum and VIP tiers. Each new tier you reach offers you a better deal in terms of limits. Silver members, for instance, have a cap of €15,000 per day, while VIP members can deposit up to €30,000 per day.
This might sound a bit harsh, but you should note that funding your online casino account is a lot easier than depositing into your EcoAccount – it is substantially cheaper, too. Here is how it works…
- Create an EcoPayz Account. Head over to the EcoPayz account and create a free account. You will likely opt for a Classic Account first, but you will want to upgrade that to at least Silver membership as soon as possible to cut down fees and increase limits. Fund the account using whatever payment method you wish, bearing in mind that there are fees associated with doing so with most options.
- Choose an EcoPayz Casino. Most major online casinos accept EcoPayz in some form or another. This is ideal for many players. However, as so many top casinos accept EcoPayz, you can afford to be picky. Only pick the best and most secure EcoPayz casinos, like the online casino and gambling sites we recommend on our page.
- Deposit. Sign into your casino and hit “deposits”. Here, you can enter your EcoPayz information (your ID) and the amount you wish to fund. You will be taken to a second payment screen where you can confirm the transaction with EcoPayz. It is worth noting that if you want to use an EcoCard (prepaid MasterCard) to deposit, you can do that, too. This involves entering the details on your card into the space provided under the “MasterCard”, “Credit Card”, or “Debit Card” method instead of selecting EcoPayz on the deposit screen. You may be charged a fee for this process.
- Play Your Favourite Games. There are no fees associated with depositing with EcoPayz at online casinos, and you should be able to play a variety of casino games immediately, as EcoPayz transfers are near-enough instantaneous.
Withdrawing at an EcoPayz Casino
Withdrawing from an online casino should be free and fast with EcoPayz. However, it must be said that withdrawals from EcoPayz to your bank will cost you. Withdrawals are only possible when you reach Silver membership and upwards. There is a fee which ranges from €5.90 up to €10 per withdrawal for all tiers, save for VIP membership which has a withdrawal fee of €2.90 up to €7. Again, these limitations are only in place if you want to cash out a withdrawal from your EcoAccount to your bank. Withdrawing from an online casino to your EcoPayz wallet will be free.
On average, you can expect to wait for anything from a few hours up to two to five business days for EcoPayz withdrawals to be processed from a casino. The exact length of time will vary from online casino site to casino gambling site, so we urge you to choose the best EcoPayz casinos which have a proven track record for speedy transactions.
To help you get started with EcoPayz casino cashouts, follow the short steps listed below:
- Meet the Wagering Requirements and Clear the KYC Process. Before you consider withdrawing from an online casino, you should do a bit of groundwork. Make sure that you have cleared any existing wagering requirements on bonuses you may have claimed. Also, ensure that you have verified your identity at the casino via the KYC process. Both steps will slow down or halt withdrawals if they remain incomplete.
- Head to the Cashier. Nip over to the cashier page at your EcoPayz casino. Select the e-wallet as your payment method and enter your details once more. Here, you can select the amount you wish to cash out, and provided that your withdrawal balance allows it, you can confirm the transaction. Again, at some casinos, you may be able to use your EcoCard prepaid MasterCard as a cashout method. We would not recommend this as it will take longer and may see you incur a fee.
- Simply Wait. In most cases, your EcoPayz cashout will be free of charge and take anything from a couple of hours up to a few business days to land in your e-wallet online payment method. Again, you can expect fees if you want to move it on from there to your bank, so give that some thought before you commit to doing so.
The Pros and Cons of Using EcoPayz As a Payment Method
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Commonly found at major online casinos
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Permits instant deposits and speedy withdrawals
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No fees associated with casino deposits/withdrawals
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Excellent customer support service available
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In-depth and professional security and mitigation services
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Fees involved for bank deposits and withdrawals
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An overly complicated tier system
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Not as straightforward as Skrill, PayPal or Neteller
EcoPayz Casino Bonuses
EcoPayz casinos will often provide players with bonuses and promotions. You will typically see the same array of deals that you can expect to find elsewhere at these online sites. In short, this means that you should not be surprised to see welcome bonuses, no deposit deals, free spin offers, loyalty rewards and monthly specials, amongst others.
On the odd occasion, an online casino may carry a special deposit bonus that is linked to EcoPayz. This means that if you choose EcoPayz to deposit, you could possibly get a small percentage-based bonus on top of your deposit. Do not expect this at all online casino gambling sites, though.
You should be aware the bonuses and promos often come with terms and conditions attached. Only play with the most trusted offers and those which have fair terms, such as decent wagering requirements.
EcoPayz Casino Games
There are virtually no real benefits to playing casino games at EcoPayz casinos that you would not expect to see with alternative e-wallet payment method options. However, there are one or two things that are worth mentioning which might make you choose this payment provider over other options.
For instance, once you attain Silver membership status, you have limits of €15,000, which makes the payment option ideal for high rollers. Similarly, minimum deposits at EcoPayz casinos can often be as little as €10 in value, making the payment method similarly ideal for more conservative players. Expect to see EcoPayz casinos offer all the usual suspects, including slots, jackpot slots, live dealer games, online video poker, table games and instant win titles galore.
FAQS
If you still have questions about EcoPayz and the online casino and gambling sites which host the payment provider, look no further than our FAQ guide. Perhaps we can help you answer some of those questions below…
