EcoPayz is one of the online casino banking methods with advantages such as speed, safety, privacy, and convenience. Online casino gamblers appreciate this the most. The e-wallet format is one of the best ways to manage funds online. Especially if you are an active casino member. EcoPayz is a virtual payment solution that is commonly accepted at many different casino sites. Which also gives users a wide scope of options when it comes to choosing a casino with a live casino you like.
The ecoPayz service offers multiple functionalities. Firstly, the regular e-wallet provides for a secure option for storing funds online. Furthermore, the payments provider also issues a prepaid debit card called EcoCard. This card can serve well in situations like withdrawing winnings from a casino. The service is operated by PSI-Pay Limited, a company registered in the UK and licensed by the Financial Conduct Authority.
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How Does It Work?
Those looking to become ecoPayz users need to sign up for a free account and then deposit funds into their electronic wallet. After that, one doesn’t even need to worry about disclosing banking details to an online casino operator or another merchant. Personal or financial details are never shared between the sites that send/receive payments.
EcoPayz is a versatile banking method that supports dozens of different currencies, including Euro, United States Dollars, Canadian Dollar, British Pound Sterling, Japanese Yen, Russian Ruble, Australian Dollars, and more. Once you set up your EcoAccount, you will have the option to attach an EcoCard and an EcoVirtualCard to it. The EcoCard is a MasterCard-supported debit card that can be used wherever MasterCard is accepted. The virtual version works in the same way, except that you don’t have it in physical form.
How to Deposit via ecoPayz?
To fund your online casino account with ecoPayz, you must first become a registered user and fund the e-wallet and/or card. It can be done by transferring money through bank transfer, credit and debit cards, or other suitable methods. With a balance on your EcoAccount, you can join an online casino and go to the cashier to make a deposit. Choose ecoPayz as your preferred method – go to the selection of e-wallets if you want to deposit directly from your balance or to the selection of bank cards if you want to utilize the EcoCard/EcoVirtualCard. Make sure you have the necessary info at hand, as the username and pass for your e-wallet or the card info.
Follow the instructions you see on screen; enter the corresponding information and the sum that you want to deposit, then confirm the transaction. This should conclude the transfer and the payment should be reflected on your casino balance right away.
How to Withdraw with ecoPayz?
The steps required to make a withdrawal are nearly identical as when you are making a deposit. Simply go to the cashier page when you want to cash out some winnings and select ecoPayz. Enter the sum that you wish to withdraw and the relevant information. Then confirm the transfer. Depending on whether you are cashing out to your card or e-wallet, the processing times may differ.
Make sure that you aren’t withdrawing a sum that does not fit with the limitations predetermined by the casino. You need to respect the minimum and maximum withdrawal limits per transfer. Moreover, make sure that there are no active bonuses tied to your account because you will forfeit the bonus money if you haven’t cleared the wagering requirements before withdrawing.
Transfer Times, Fees, and Security
Online systems using 128-bit encryption are widely accepted. Yet ecoPayz offers even greater protection by going for 256-bit SSL/TLS encryption. Perhaps the biggest security advantage is the fact that no third parties will have access to your bank account or card information throughout the payment process. The two-step verification feature for ecoPayz added even more security in 2016
Online casinos typically won’t charge any fees for ecoPayz users. However, the solution itself incurs certain charges, depending on the level of service the customer is using. If you finance your ecoaccount via bank transfer, it will cost you between 0% and 7%. If you deposit via credit card, it will cost you between 1.69% and 2.90%. Make sure you consider these things before you become a Classic, Gold, Platinum, or VIP ecoPayz user. Funding your gambling balance is an immediate action, whereas withdrawing may take some time. Withdrawing directly to your EcoAccoun will usually take up to 48 hours to clear. Payoffs credited to your debit or virtual card may take between 3-5 business days.