Deposit with ecoPayz in online casinos
The success of ecoPayz as an online casino payment method is not surprising when you consider how straightforward it is to set up an account and how easy it is to make a deposit. And, an ecoPayz deposit will appear in your ecoPayz casino account within a few seconds of completing the transaction. Here is how it works:
- Register: Step one is to sign up for an account with one of the many excellent ecoPayz casinos.
- Locate Banking Area: Step two is to make your way to the banking section of your ecoPayz casino account and click on ‘Deposits’.
- Select ‘ecoPayz’ as the payment provider: Step three is to choose ecoPayz from the list of payment providers in ‘Deposits’ menu of your ecoPayz casino.
- Log in to ecoPayz: Once you have selected ecoPayz, you will be redirected to your ecoPayz account log in.
- Confirm transaction: Once you have logged in, you’ll simply need to confirm the amount of your deposit and authorise the payment. Your deposit will then appear in your ecoPayz casino account in an instant.
As an ecoPayz customer, you can make ecoPayz casino deposits using your main eWallet – which is referred to as the ecoAccount, or you can use your ecoCard or your ecoVirtualcard. However, the latter two options are only available to customers at Silver level or above.
What is ecoPayz and how does it work?
If you are a fan of playing online casino games at online casinos, you will no doubt of heard of eWallets. Big names like PayPal, Neteller and Skrill tend to dominate the landscape, but that’s not to say that ecoPayz is in any way unheard of. In fact, ecoPayz has a loyal customer base that have been using this eWallet for almost 20 years. ecoPayz casinos, in fact, are widely available and they offer players an excellent gaming experience.
ecoPayz was originally known as ecoCard, and it was launched in 2000 by a company called PSI-Pay Ltd. The company is authorised by the Financial Conduct Authority, and it is a principal member of MasterCard. ecoCard was rebranded in 2013 and emerged as ecoPayz – a name that is seen as a better fit to represent the range of services that ecoCard has developed over the years.
ecoPayz now offers it services as an eWallet in over 40 different currencies, which allows customers to have up to 3 different MasterCards – each one in a different currency, and you can choose an account level (from the 5 levels on offer) that suits your needs. You can use your ecoPayz eWallet to make payments to online merchants, and you can send money from one ecoPayz account to another. It is also possible to receive money into your ecoAccount, which means that you can withdraw your casino winnings using ecoPayz as your payment method.
How to open an ecoAccount
In order to use the ecoPayz eWallet, you first need to open an ecoAccount. It is free to sign up for an ecoAccount and the sign-up procedure takes a matter of minutes to complete. ecoPayz will ask for your name, age and address, as well as the currency you’d like to hold in your account. Once you have signed up, you will be able to top up your ecoAccount using your credit card. You can then use these funds to make an online purchase, for example, or to make a deposit into one if the casinos with ecoPayz. At this stage, your account will be a ‘Classic’ level account, and one of the advantages is that you will not be required to submit verification documents or undergo any credit checks. However, if you wish to take advantage of ecoPayz virtual and physical cards, you will need to upgrade to the ‘Silver’ level, and at that point you will need to have your identity verified.
Different ecoAccounts and their benefits
As previously mentioned, when you sign up for an ecoAccount you will automatically be given a ‘Classic’ level account. However, within ecoPayz, there are five different account levels. Each level is tailored to suit different needs. The higher levels, for example, incur lower transaction fees and allow users to make larger daily transactions. The five different account levels are as follows:
ecoPayz does not charge a registration fee for any of the levels and a dedicated customer service team is available 24/7 for all account levels. The level that you sign up for depends solely on how you wish to use your ecoAccount. We recommend signing up for the ‘Silver’ level from the beginning because you will gain access to all the main features. With a ‘Silver’ level account, you will be able to make deposits and withdrawals in casinos accepting ecoPayz. You will also be able to apply for the ecoPayz MasterCard and virtual card, and you will be able to transfer money from your ecoAccount to your bank account or to another ecoAccount holder. In order to get a Silver level account, you’ll need to verify your identity by providing a copy of your ID-card and a copy of a utility bill or bank statement.
If your spending exceeds €15,000 per day, you will need to upgrade to the Gold, Platinum of VIP level that have daily transfer limits of €20,000, €25,000 and €30,000 respectively. The number of credit cards attached to your account can also be increased the higher up the ladder you go.
ecoPayz does not charge any fees for opening an ecoAccount at any of the five account levels. For Silver level account holders and above, it is also free to claim an ecoCard MasterCard. And, ecoPayz accepted online casinos are unlikely to charge high fees when making deposits and withdrawals using your eWallet – another reason why this is such a popular payment method at online casinos. However, it is important to note that there are certain fees associated with using ecoPayz. If you are not careful, these fees can really add up. Here is a quick look at the fees you can expect to come across:
- Bank transfers: 0.00 – 7.00%
- Deposits with credit card: 1.69 – 2.90%
- Deposits with ecoVoucher: 0.00 to 2.90%
- Deposits in another currency: Free
- Bank account payments: €5,90-10,00 – VIP level: €2,90-7,00
- Change of currency: 2.99%
- Account fees after 12 Months of inactivity: € 1.50 per month
Frequently Asked Questions
Is ecoPayz safe?
ecoPayz has an excellent safety record. The company take security seriously and go to great lengths to maintain and update their security systems. Not only do they employ the use of SSL Encryption technology for all of your transactions, but they also house their servers in secure locations with restricted access.
Where can I get the ecoVirtualcard?
Once you have signed up for a Silver level ecoAccount, you will be able to apply for and use up to 3 ecoVirtualcards per day (4 for Gold level accounts and 5 for Platinum and VIP level accounts). Each card is for single use only, making it an extremely secure payment method to use at an ecoPayz casino, and the transaction limit is €700 for Silver and Gold level or €1000 for Platinum and VIP level.
How do I get an ecoCard?
As a Silver level ecoAccount holder you are eligible for an ecoCard. You can apply for your card by going to your ecoPayz account and requesting the card. Your card will then be sent to your address a few days later. The ecoCard is a MasterCard, however; it is not a credit card. The card functions in the same way as a debit card and must have funds loaded on it before it can used to pay for items or make deposits at casinos accepting ecoPayz.
How do you deposit money on the ecoAccount?
The process of depositing money into your ecoAccount is similar to depositing money into your ecoPayz casino account. Simply log in to your ecoAccount, click on ‘Local Deposit Options’ and choose a banking option from the drop-down menu. Enter the amount you would like to deposit and click confirm.
Is it safe to gamble at ecoPayz casinos?
As long as the ecoPayz casinos are fully licenced and regulated by an official government entity, such as the UKGC or the MGA, it should be safe to gamble. Always check for the licence, and double check the security systems in place within the ecoPayz casino in question.
Do all casinos accept ecoPayz deposits?
Not every casino is an ecoPayz casino; there are some casinos that do not accept this payment method. However, you will undoubtedly find an ecoPayz casino that suits you because this payment method is widely accepted within the industry.
Can I make a withdrawal using my ecoAccount eWallet?
If you are a Silver level account holder you will be able to make a withdrawal at your ecoPayz casino. Once the ecoPayz casino has processed your request, you will receive your withdrawal very quickly.
What makes an ecoAccount better than other eWallet accounts?
With an ecoAccount eWallet, you will get the peace of mind that comes from knowing your money is being looked after by experienced and reliable hands. The company has a solid reputation and a great safety record. Another excellent reason for choosing an ecoAccount is the opportunity to apply for an ecoCard. Not all eWallets offer a card that can be used to make purchases and withdraw money from ATM machines. And lastly, a huge number of casinos accept this payment method.
Is it possible to store cryptocurrency in my ecoAccount?
At the time of writing, it is not possible to store or accept cryptocurrency in an ecoAccount eWallet. However, due to the fact that over 50 currencies are supported, it is safe to say that a cryptocurrency such as Bitcoin might be next on the cards.
Can I claim a casino welcome bonus if I make my first deposit using the ecoAccount eWallet?
Most casinos will allow you to claim the welcome bonus when using this payment method for deposits. However, it is important that you check the terms and conditions of the bonus before making a deposit. In the case that you are unable to claim the bonus if you deposit via an eWallet, you could use the ecoCard MasterCard, or choose an alternative payment method to make your first deposit instead and then use your eWallet at a later date.
Is ecoPayz available in Canada?
Yes, Canadian players can use this eWallet to make casino deposits and withdrawals. This eWallet can also be used in Canada to pay for goods and services online wherever you see the logo.