When it comes to finding the payment method that best suits your needs on casino sites, an increasing number of players are using ecoPayz, an e-wallet platform that was founded back in 2000. Those based in Canada are able to register and use the services in which ecoPayz offer, with the security surrounding their platform being one of the major advantages. This page will provide useful information for potential users of ecoPayz, including how it works with casino sites, as well as its main pros and cons. Let’s get things underway by looking at the casino sites currently offering ecoPayz as a method of payment.
Best ecoPayz Casino Sites 2023
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What is ecoPayz? A Brief History
ecoPayz was established in 2000, initially being known as ecoCard, becoming one of the first online payment methods in the process. The organization was initially regulated by the UK Financial Conduct Authority as an Authorized Electronic Money Institution, while it spread across Europe in 2008. ecoPayz became one of the first e-wallet platforms to launch a mobile app in 2009, with app having been upgraded four times since then. 24/7 customer support is available to customers in a range of languages, while it was in 2013 when the company became known as ecoPayz, following a rebrand. Meanwhile, 2014 saw the introduction of a new feature, an ecoCard PIN, before launching a new website and 2-step verification process a year later.
ecoPayz in Canada
ecoPayz is now available to Canadian-based casino players, with funds being available manage in both Canadian and US Dollars, along with around 40 other currencies. It was only until recently that ecoPayz did not cater for those living in Canada, however the e-wallet platform is now fully operational here, with more and more casino players taking full advantage.
Pros and Cons of Using ecoPayz as a Payment Method
The following are the main pros and cons discovered by the testing of ecoPayz as a payment method at casino sites:
- Accepts different types of payment methods – Those using ecoPayz can use a variety of payment methods in order to fund their account, including Visa, Mastercard, Interac and Paysafecard, catering for the masses in the process.
- Instant transfers to your casino account – ecoPayz also helps to facilitate instant deposits when on casino sites, meaning that there are no frustrating waiting periods before playing your favorite games online.
- Established reputation – Having been around since 2000, it is safe to say that ecoPayz has developed a good reputation within the industry, especially when it comes to their security and reliability. As a result, users will have no concerns in this area.
- Added security level – Guaranteed protection is found at ecoPayz, with the organization being regulated by the Financial Conduct Authority. Meanwhile, 256-bit SSL encryption technology is used in order to fend off the threat of fraud, with casino sites never gaining access to your bank details, just your ecoPayz information.
- Ample deposit and withdrawal limits – High rollers will certainly be pleased with the limits that have been set by ecoPayz, with the majority of casino sites allowing transactions up to C$25,000 through this payment method.
- Allows withdrawals from casinos – Unlike some other available payment methods, withdrawals are also available through ecoPayz, with money then being available to spend online or transferred directly to bank accounts.
- Withdrawals might take a few days to be processed – While deposits made using ecoPayz are instant, withdrawals may take slightly longer, potentially even a few days to process.
- Service available only on certain countries – ecoPayz caters for players based in Canada, however it is not available in certain countries, including Spain and Iran.
- You might need to pay some fees to use their service – Signing up at ecoPayz is 100% free, however some fess are likely to be involved when it comes to depositing and withdrawing on casino sites.
How Does ecoPayz Work?
ecoPayz is an FSA approved e-wallet platform, allowing users to transfer funds online, without entering their bank details each and ever time. Their service is perfect for those who do not wish to add their bank information to numerous websites, with those with an ecoPayz account having to simply select this as their preferred method of banking with their casino, before logging into their ecoPayz account and stating that amount in which they wish to deposit or withdraw. Minimum deposits using ecoPayz start at C$25, while maximum deposits generally sit at C$25,000.
ecoPayz Registration and Account Set Up
In order to set up an ecoPayz account, the following steps must be taken, which take just a matter of minutes to complete:
- Enter the ecoPayz website via desktop or mobile.
- Click or tap on the “Sign Up” tab, located in the top-right hand corner of the page.
- Enter the relevant information, including full name, choice of currency and date of birth.
- Enter CAPTCHA and agree to the terms and conditions.
- Add your bank card details to your ecoPayz account.
- Verify your account by sending a photo ID, whether it be a passport of driver’s license.
- You are now ready to add your ecoPayz account to your casino site.
Fees and Service Charges for ecoPayz
As with the majority of e-wallet platforms, there are some small fees to consider when it comes to making payments using ecoPayz. For those based in Canada, making a deposit onto your casino site account will incur a fee of between 1-1.5%, while withdrawals are charged at between $8-$14. As a result, those depositing using ecoPayz should not be overly concerned, however withdrawals are a little pricier.
Alternative Payment Methods to ecoPayz
For those who are not 100% convinced by the information surrounding Skrill in which you have read on this page, it may be worth considering some of the other e-wallet platforms available to Canadian players today, with the following being among the best options:
Neteller – Also part of the Paysafe Group is Neteller, with the e-money transfer system allowing money to be transferred to and from a variety of merchants, including casino sites. Neteller also offers a prepaid card, with the company having earned an excellent reputation wen it comes to reliability and security since they were established in 1999.
PayPal – PayPal is perhaps the best-known e-wallet platform on the web, with the American organization supporting online money transfers internationally, as well as offering an alternative to the traditional forms of payment.
Paysafecard – Paysafecard, despite not being as popular as other methods of payment online, offers an alternative to Skrill, with users utilizing a voucher, rather than bank account or credit card. Users are able to deposit funds by entering the relevant 16-digit code when on their casino site.
Online Casino Bonuses with ecoPayz
Casino sites today offer generous and potentially rewarding bonuses in an attempt to entice new players into signing up with them, however it is always important to ensure that deposits made using ecoPayz will enable you to qualify for such promotions. Some casino sites have it stated in their terms and conditions that opening deposits made via e-wallets, such as ecoPayz, are not eligible for a bonus.
Tips and Tricks for Using ecoPayz
For those considering using ecoPayz, there are certain tips and tricks that will help to ensure that you make the most out of this particular payment method, including the following:
– Check whether your chosen casino site accepts ecoPayz as a method of payment beforehand, with our casino reviews providing more information in this area.
– Download the ecoPayz mobile app, allowing payments to be processed anytime, anywhere.
– Consider getting an ecoCard or ecoVirtualcard, allowing users to take total control of their money.
FAQ
ecoPayz is now accepted in a variety of countries, including Canada. However, there are some countries in which it is not available, including Spain.
The majority of online casino’s who accept Canadian-based players will offer ecoPayz as method of payment, however be sure to confirm this before signing up.
Yes, withdrawals can be processed using ecoPayz, however the time and cost mean that other methods should also be considered.
Yes, the ecoPayz website is fully functional on mobile browsers, while a dedicated app is also available to download for free.
ecoPayz is regulated by the Financial Conduct Authority, meaning that they are free to operate in a range of markets, including online gambling.
ecoPayz operates a VIP program, which has 5 different levels to it. Rewards such as reduced currency conversion fees and increased transfer and withdrawal limits are available to earn.
Customer support is available via both email and live chat at present, with no contact number being found.
Cryptocurrencies, including Bitcoin are accepted at ecoPayz, adding another option for customers in the process.
Final Words on ecoPayz Casino Sites
ecoPayz is one of the largest and best-known e-wallet platforms, with the organization helping to facilitate a large amount of online payments on a daily basis. Those looking for a new method of depositing and withdrawing on casino sites should certainly consider ecoPayz, with their service having become available to players based in Canada recently.
