Best EcoPayz Casinos
Online casinos pride their reputations on many things that help players build confidence in gambling with them. One of the most important aspects of building that trust is the payment systems casinos use to ensure players are able to retrieve their winnings in a timely and safe way. It’s for this reason that a large number of online casinos have added EcoPayz as an online method of payment for their players.
EcoPayz is operated by a UK company called PS-Pay Limited. EcoPayz was first introduced to the market in 2000 and quickly grew in popularity. It offers users an online account, as well as a virtual credit and a physical debit card.
Over the span of 2 decades, EcoPayz has grown in popularity, finding itself as a payment option for merchants in many different industries. It wasn’t long before casinos realized this reputable online payment method could be a great addition to their repertoire.
One of the things that make EcoPayz so appealing to casinos and players is the ease in which transactions can be made. The system is similar to an eWallet, and players have the ability to easily deposit and transfer money when they wish. The two-way transaction feature gives players the option of putting money into their accounts and withdrawing their winnings as well.
A deposit into their account happens instantly. This means players can start betting right away and don’t have to wait for a processing period before being able to play their preferred games. Withdrawals on the other do have a slight delay, but they aren’t extended periods of time. Typical withdrawals take anywhere from 2 – 3 business days.
Account access to funds is immediate upon the completion of registering for an account. That means players can begin to deposit funds right away and are free to use several methods to do so. Some of these include but are not limited to bank transfers, credit cards, and debit cards. This allows for a lot of flexibility when using EcoPayz for payments online.
EcoPayz is compatible with at least 40 different currencies, most notably the EURO, Canadian, Australian, and American Dollar, Japanese Yen, British Pound, Russian Ruble, and plenty more as well. EcoPayz has a 5 tier system that allows users to improve their rankings as they use the platform more. The 5 tiers in order are:
As you work your way up each tier, you’re rewarded with lower fees and increased spending limits. People who open an EcoPayz account also have the option of receiving an EcoVirtualcard. This acts as an online debit card (issued by VISA) and can function as a payment method wherever VISA is accepted.
Remember that it is a virtual card. You don’t have the physical card in your hands to put in your wallet. Like a Visa, you’ll have an expiration date, as well as the standard 16-digit card number and 3 digit security code. It’s also important to note that the virtual card will only function with three types of currencies: The US Dollar, British Pound, and the Euro. It has a 4 tier system and is available in 31 countries of the European Union.
The physical version of the ecoVirtualcard is the ecoCard, and this is a Visa debit card that players can hold on to and keep in their wallets. This card is not to be confused with a Visa credit card. EcoPayz does not offer credit to its members. The only money accessible on these cards are the funds deposited into the EcoPayz account by its users.
All of these methods provided by EcoPayz can be used to deposit money into your online casino account.
How to Deposit Using EcoPayz
To deposit money into your online casino account using EcoPayz, you must first open an account with them. The benefit of doing this registering for an account is simple and free. It won’t take more than several minutes, and all users have to do is enter some basic information:
- Full name
- Date of birth
- Phone number
- Email address
This is the information needed to open a classic account. A classic account is great for most people, but if you’re trying to open an account with higher limits, you should consider aiming for a higher tier. In this case, you’ll be asked to provide more information that could include:
- Government-issued identification
- A home bill such as a utility bill
- Bank statement
Once you’re set up and ready to deposit, you just have to open the cashier page of the casino website and select the payment method that best suits you. You can select EcoPayz to deposit money directly from your account or Visa if you want to pay using your ecoCard or virtual card.
From that point, all that is needed is to simply add the amount of money you wish to deposit and confirm the amount. The payment will process instantly, and you’ll be free to hit the tables or slots.
How to Withdraw Using EcoPayz
Did you just win big at online blackjack and feel like cashing out your chips? With EcoPayz, it’s no problem at all! Withdrawing your casino winnings is a simple process similar to the deposit one.
To cash out, you just have to go to the cashier page on the casino website, and when you see the list of withdrawal options, select EcoPayz as your method of choice.
Once you’ve entered the amount of money you want to withdraw, all that’s left is to confirm the transaction, and you’re done!
Processing time will take approximately 48 hours if you’re using your ecoAccount.
If you’re withdrawing the money to your virtual or debit card, the process will take approximately 3 – 5 business days.
The withdrawal process is safe and secured, and EcoPayz is a regulated service, so you don’t have to worry about your money or financial information being in any sort of risk.
Fees and Time-Frames
Like most financial accounts and institutions, there are certain fees associated with them, and EcoPayz is no exception. There are also certain limitations with the service and EcoAccount, virtual card and eco card each have their own fees and limits which are as follows:
The EcoAccount is 100% free to register, but there is a service charge for depositing money. If you’re depositing through a bank transfer, you could be charged up to 7% of the amount being deposited. Credit card deposits are significantly less and will cost anywhere between 1.69-2,90%. If you’re depositing a currency that is not your default one, EcoPayz anywhere between 1.25 – 2.99%.
Silver-tier users will be charged anywhere from $7.24 – $12.27 for withdrawing money to their bank accounts as opposed to $3.56 – $8.59 for VIP users. Classic accounts do not have this option.
Transfers from your ecoAccount to another user will add a charge of 1.5% for Classic tier users and at least $ .61 for silver tier users. Gold, Platinum, and VIP users can enjoy this feature for free. Accounts that are inactive for a 12 month period are charged $1.84 per month, and the maximum daily transaction you can make is $3068.33 for VIP tier users.
How to Get an EcoCard?
The EcoCard is free to activate, and it expires 4 years from the day it is activated. If you choose to withdraw money from an ATM, you’ll be charged 2% of the total or a minimum of $1.50. Bank services Forex and other financial services will result in a charge of 4% of the total sum. Forgetting your PIN number will cost you a modest $.50 to replace it, whereas replacing the actual card itself will cost considerably more, $12.50.
Payments that are not made in your default currency will cost 2.99% of the sum, as this is attributed to the costs of conversion. Gold, Platinum, and VIP tier users can withdraw up to $500 a day from an ATM, and silver tier users have a $250 ATM daily withdrawal limit.
Online transactions with the EcoCard also have limits, and they are $1000 for silver tier users and $2500 for gold users and above.
Keep Track of Your Transactions
EcoPayz allows its users to access their transaction history with a click of a button. All information is displayed chronologically, and users can go through their history whenever they need to. EcoPayz uses state of the art online security to ensure that its users’ data is always safe and unattainable to hackers. For extra convenience, EcoPayz offers a free mobile app available for download on Android and iOS platforms.
Users who have difficulty with EcoPayz have the benefit of reaching out to customer support by email. Some common issues that users face are questions regarding withdrawal processing times and transaction fees.
In neither case do users have to worry because EcoPayz has a flawless record of performance, and due to it being heavily regulated, any transaction fee charged always complies with the terms of service. Customer support is available in the following languages:
Why is EcoPayz So popular?
How Safe is EcoPayz?
PSI-Pay is regulated by the FCA through the Financial Services and Markets Act (2000) as well as the EU DIrective on electronic money.
How to set up an EcoPayz account?
Who can open an EcoPayz account?
How fast are EcoPayz transactions processed?
The bottom line
EcoPayz is an excellent eWallet that works fast and keeps your information secure. It allows you to perform many different online transactions and is a great option for online casino players or anyone who likes to purchase or do banking online.
EcoPayz has been in business for more than 20 years and is regulated by the FCA, further adding to its credibility as a platform to store your money. More and more merchants are offering EcoPayz as a payment method, and it won’t be long before it becomes just as common as your typical credit card.
Sign up for your free account today and be one of the millions of users who benefit from a safe and secure eWallet like EcoPayz.