EcoPayz is an online payment company, based in England, that lets you spend and send money. The service lets you make an e wallet. It is very similar to a bank account, as well as being free and easy to set up. Best thing about the service is that you are never waiting. Punch the regular information into a standard form and before you know it you have an EcoPayz account. What does that mean? Well it is very similar to an account opened with a regular bank. You can get an ecoCard and use them at different points of sales, and you can instantly send money around the world to other EcoPayz accounts. Most importantly you can use this account to fund a growing number of online casinos.
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Markets and Currencies
EcoPayz is accepted at the millions of points of sale that accept MasterCard or Visa Card. This makes it very popular for online shopping and retail. EcoPayz supports over 45 currencies – basically all the major ones – You can even use it to withdraw money from ATMs.
This card has been received with open arms by the online gambling market. There are a number of ways that you can fund your EcoPayz account making it great for getting your hard-earned dollars on to an online casino. There are also some cutting-edge encryption and other security measures supporting this payment method. That, and not having to fund an online casino account from your primary bank account make this payment method exceptional for online gambling.
Areas of Use
EcoPayz is a new online payment method, and consequently it is not accepted at that many online casinos. The casinos that do support it are some of the best out there, so if you want to use this payment method you will still have the pick of the bunch.
Company Name: PSI-Pay Ltd
Company Name UK: PSI-Pay Ltd
Slogan: The ecoAccount gives you a safe, convenient and flexible way of receiving, sending and spending money worldwide all on one online account
Supervised by: Financial Conduct Authority
Transition Time: Instant
Min Transaction: $0
Deposit Fee: 0 – 10 GBP Set by online casino
Other Payment Methods: Can be linked to a debit of credit card
Established UK: 2000
Address: Afon Building, Worthing Rd, Horsham RH12 1TL, UK
Phone Number: +44 1403 788340
Company Number: 900011
Security: encrypted with Secure Sockets Layer protocol, Transport Layer Security protocol,
Max Transaction: Different limits imposed on different account types most, but most are around 10,000 GBP / day
Withdrawal fee: 0-7%
How does it work
EcoPayz is an e-wallet. You keep funds in an ecoAccount, and you can either send them directly from there to an online casino, or you can get an ecoCard. From your ecoAccount, you can send money all around the world, instantly, to people with their own ecoAccounts. This lets you pay for goods and services without having to enter any of your sensitive banking information. The ecoCard works like and debit card. It is powered by MasterCard, and you can pay for things at any point of sale or get money out of an ATM the same as you would with a bank issued card.
How to make a deposit
To make a deposit with EcoPayz, you go to the deposit section of your online casino and select EcoPayz from the available options. Then you enter how much you want to transfer and confirm the transaction. You will be directed to the EcoPayz website to finish the payment. The instructions are very straight forward. If you just follow them and confirm, the money will arrive instantly. Most online casinos don’t charge fees to make deposits with EcoPayz. While the funds will arrive in the casino’s account instantly, if their site is rubbish, it can take up to an hour for them to process the payment and credit the account.
How to make a withdrawal
Withdrawals are requested in a similar fashion to deposits. You select EcoPayz from the available payment method, get redirected to the site to authenticate yourself, and then confirm it. Most online casinos will not charge anything to withdraw to EcoPayz, but there are fees to get the money out of your ecoAccount. Withdrawals are supposed to be instant, but like deposits this is not always the case. Expect to wait between two minutes to two days for the money to arrive in your account.
– No fees to deposit and withdraw money.
– Instant transfer of funds. This lets you get straight to the games rather than waiting days for your funds to arrive.
– You don’t need to enter your banking details into an online casino. This is highly valued with all the identity theft and hacking that is going around.
– ecoCard can be used at the millions of locations that support MasterCard. There are 45 supported currencies and the card can be used in 200 countries.
– There are hefty fees to get money to and from you ecoAccount. If you want to deposit money with a credit card, it will cost 1.69-2.90% and withdrawal to a bank account is 5.90-10.00 EUR.
– Recurring monthly fee to maintain account.