ΕcoPayz is one of the leading and oldest e-wallets in the world. It has been around since 2000 when it was first founded by the PSI-Pay Ltd company based in England and is available in 159 countries and 45 currencies. What is ecoPayz? The simplest answer would be that it’s an ewallet that offers an instant, safe, and convenient way to make casino transactions worldwide. In the following list, we recommend the top ecoPayz casino brands, where you can play and make the most out of the payment’s features while at the same time being eligible for a welcome bonus, unlike other competitive ewallets. Happy gaming!
|Lucky Red Casino|
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Why choose ecoPayz for casino transactions?
Various benefits come from using ecoPayz for your transactions. When it comes to ewallets for online casino payments, truth is there’s more than enough variety both in terms of international as well as local options. We’re not going to picture ecopayz as the perfect alternative. We’d rather go full in-depth on both the positive and the negatives of it. Let’s break them down one by one:
- Funding your casino account via ecoPayz is instant, anonymous, and secure. You won’t need to provide the casino with any banking info directly. Also, all ecoPayz transactions are protected by state-of-the-art encryption.
- When using ecoPayz, all deposit-related bonuses will be available to you.
- EcoPayz is accessible in 159 countries globally.
- Fund your ecoPayz account through multiple methods: online banking, debit/credit cards and local services.
- EcoPayz offers three payment options for making deposits and withdrawals: ecoAccount, ecoCard, and ecoVirtualcard.
- EcoPayz offers 24/7 customer support (Live Chat, email) in 7 languages.
- Neosurf vouchers can be used to top up ecoAccounts.
However, not everything regarding ecoPayz is sweet. There are deposit and withdrawal fees charged for every transaction, plus a currency conversion rate if it’s needed. However, they aren’t considered irrational as other e-wallets like Skrill or Neteller impose similar extra costs. The amount of the fees depends on the chosen method and the sum can range between 0% and 8.5% and in some cases that we will explain can even reach €10.
Also, not all markets support ecoPayz. For example, ecoPayz doesn’t offer its services in the US. Moreover, ecoCard and ecoVirtualcard products are only available in EEA countries.
Creating & funding your ecoPayz casino account
Completing the ecoPayz login process is a piece of cake. All you need to do is enter your personal information on the registration form. When you complete the steps mentioned above, you will have set up the default classic ecoPayz account. There are five different levels of ecoPayz accounts at your disposal: Classic, Silver, Gold, Platinum, and VIP. When you decide to deposit funds to your ecoPayz account, the e-wallet will demand you complete the verification process, which will automatically lead to an upgrade to the Silver Level.
With the Silver Level account, you get to apply for the ecoCard and ecoVirtualcard, as well as make withdrawals — those are not possible with the Classic account. The Gold account brings higher deposit and withdrawal limits, as well as a reduced static currency conversion fee for all e-wallet transactions. The Platinum ecoAccount comes with even higher limits than the Gold account, as well as free international money transfers and reduced currency conversion rates (1.49%). The VIP account brings the highest limits and the least possible currency conversion rate of 1.25%.
Note that despite the level you have obtained, the 2.99% exchange fee applies to all ecoCard and ecoVirtualcard transactions. You can fund your ecoAccount using multiple methods such as credit cards, bank transfer, local payments like Neosurf and of course via ecoPayz products like EcoCard, EcoVirtualcard and EcoVoucher.
Deposits & withdrawals with ecoPayz: What you need to know
Making a deposit or withdrawal using ecoPayz on casino sites is straightforward and easy. Let’s say you want to deposit in Playamo casino using ecoPayz. First, you need to login to your Playamo account and click on the Cashier section. There, you will select ecoPayz as the preferred deposit method and enter the sum you want to deposit. This will redirect you to the ecoPayz website where you need to enter your ecoPayz login information. After that, you will verify the transaction details and complete the payment transaction. The deposits are instant and Playamo does not charge any fees for deposits with ecoPayz. The minimum deposit limit is €10, while the maximum deposit per transaction is €4,000.
The withdrawal process is similar to that of deposits. In the Cashier section in Playamo, select ecoPayz as the withdrawal method and enter the sum you wish to withdraw. Enter your ecoPayz credential when redirected to the ecoPayz website and complete the transaction. The withdrawal limits are min €10 and max €4,000. The withdrawals are processed within the next 12 hours at best.
ecoPayz fees: Are there any?
The biggest downside to ecoPayz is the fees that apply to almost all kinds of transactions and depends on the level of your ecoAccount. A bank wire to top up your EcoAccount can have fees ranging from 0.00% to 8.50%, regardless of level and depending on the region. Credit card deposits to an EcoAccount have extra costs of 1.69-6.00% + €0.25 while EcoVoucher deposits are charged with 0.00-2.90%. Withdrawing to your bank account will cost you extra as well as a €5.90-€10.00 fee is imposed unless you have unlocked VIP level.
In that case, you will pay 2.90-7.00€ for each withdrawal. Finally, currency conversion rates drop as you upgrade your account, ranging from 2.99% at Classic Level to 1.25% at the VIP Level. Also, there are further limits and restrictions that depend on the number of deposits and withdrawals. For example, the maximum deposit limit to your EcoAccount by credit card ranges from €200 το €2,500. Also, a max single ATM withdrawal with your EcoCard can go only up to €250 and €750 daily, which is considered a drawback.Sites With Low Ecopayz Fees
Other products you can use to fund your ecoAccount
- ecopayz Mastercard
ecoPayz Mastercard is a prepaid card ecoPayz issued to Silver level and above account holders in collaboration with Mastercard. It is a fast and convenient way to access money in your ecoAccount and withdrawing at ATMs worldwide by using PIN verification. It’s available only in the 31 countries of EEA.
ecoVirtualcard is a one-use payment card linked to your ecoAccount. It allows you to make safe online payments without disclosing your personal data. You can use it to make purchases online and via your phone. Like the ecoCard it’s available only in EEA.
ecoVoucher is another ecoPayz online prepaid payment method that’s quickly gaining momentum. It works quite simply. You need to go to authorized resellers shops or online websites and select the value of the prepaid voucher. The denominations available in the EU are 10, 15, 25, 50, 75, 100, 150, and 250 EUR. On both physical cheques and virtual forms, you will find an 18-digit PIN code unique to each voucher. To use the coupon, simply enter the 18-digit PIN at the merchant’s, and you’ll be good to go.
Should I upgrade my account to Silver level?
Definitely. To upgrade your account you just need to verify your identity. Without verification, ecoPayz doesn’t allow you to use important servicers like withdrawing your casino winnings to your bank account.
How many account levels are there?
There are 5 ecoAccount levels: Classic, Silver, Gold, Platinum, and VIP. The higher the level, the higher the deposit-withdrawal limits and lower the fees.
Can I cancel my casino withdrawal?
Withdrawals are automated; once you have requested one, ecoPayz cannot overturn it.
I made a deposit to my ecoAccount but the money doesn’t appear on the balance. What happened?
If you deposited via wire transfer there is a processing time of 1-3 days issued by the bank, so be patient. If you don’t see the sum after this period, contact the customer support of ecoPayz.
What is a Multicurrency Account?
ecoPayz allows you to have multiple accounts with different currencies in the same ecoAccount in case you want to play in a casino that doesn’t support your country’s currency.
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