|Processing Time:||Funds transfer into the EcoPayz account is instant for all modes of transfer except for wire transfer which may take between 1-4 days.|
|Deposit Fee:||0.00-7.00 %|
|Withdrawal Fee:||5.9 – 7 EUR|
EcoPayz is an e-wallet that holds money for clients on the online platform. With an e-wallet, you can transfer funds from your personal account into your e-wallet account and make transactions directly from the e-wallet to the institutions you would like to pay for their products and/or services. EcoPayz is a free service. The transfer of funds into the EcoPayz accounts happens instantly unless the transfer is through wire.
Besides the e-wallet, EcoPayz gives the option of owning a prepaid ecoVirtual Card. This can be used when getting products and services online. It can also be utilized on the phone like you would use a credit card or a debit card. This card is quite convenient although its use is limited to only 3 currencies; the US Dollar (USD), the Great Britain Pound (GBP), and the Euro (EUR). Unlike the free EcoPayz direct transactions, EcoVirtual Card is activated at a fee of $1.80, and this activation lasts a year after which there is need to renew it again.
Deposits into the ecoAccount can be made using credit cards, debit cards, and deposits from both local and international banks. Transfers from this sources will reflect in your account immediately. Wire transfers may take a while longer which is about 1-4 days.
Once you have your funds in your ecoAccount, you will need to find a reputable casino that has it as a payment option. While most casinos have this payment option, it’s imperative that you work with a site that is reliable. Once you have settled on a casino, follow these steps
How to deposit with EcoPayz
- Step 1 – Go to the casino’s banking section, and from the list of options you can use to make a deposit, choose ecopayz.
- Step 2 – You will be asked to enter your username and password.
- Step 3 – Choose the amount you would like to deposit into the casino’s account.
How to Withdraw from EcoPayz Casinos?
- Step 1 – Choose the withdraw option in your casino.
- Step 2 – Enter the few details that include your username and password
- Step 3 – Enter the amount you wish to transfer from the casino into your wallet.
Advantages and Disadvantages of Using EcoPayz in Online Casinos
- REGISTERING FOR AN ECOPAYZ ACCOUNT IS FREE OF CHARGE.
- YOU CAN OWN AN ACCOUNT WITHOUT THE NEED TO HAVE A BANK ACCOUNT. THIS IS QUITE DIFFERENT FROM OTHER E WALLETS THAT INSIST ON ONE HAVING A BANK ACCOUNT FROM WHERE YOU TRANSFER FUNDS FROM, AND TO, WHEN YOU ARE MAKING A WITHDRAWAL.
- THE COST FOR TRANSACTIONS IS QUITE LOW. THE RATES FOR TRANSFER ARE BETWEEN 0-7% DEPENDING ON THE MODE OF TRANSFER YOU ARE USING.
- THE ECOPAYZ ACCOUNT IS DESIGNED IN SUCH A WAY THAT YOU CAN MONITOR ALL YOUR TRANSACTIONS. FROM DEPOSITS, WITHDRAWALS AND CURRENCY TRANSFERS, ALL THOSE ARE WELL DOCUMENTED FOR ACCOUNTABILITY. THIS MAKES IT QUITE CONVENIENT IF ANYONE WANTS TO SEE HOW THEY HAVE SPENT THEIR MONEY. WORKS AS CONVENIENTLY AS A BANK ACCOUNT.
- THIS PAYMENT OPTION MAY NOT BE LISTED IN UP AND COMING CASINOS OR SMALLER CASINOS. THIS MAY POSE A DISADVANTAGE FOR PEOPLE WHO WOULD PREFER TO PLAY AT THOSE CASINOS.
- WHILE DEPOSITING USING ECOPAYZ IS LISTED WITH MOST CASINOS, MANY PREFER NOT TO LIST IT AS A MEANS OF WITHDRAWAL FROM THEIR CASINOS. THIS MAY LEAVE THE PUNTER LOOKING FOR OTHER OPTIONS THAT WILL ALLOW FOR WITHDRAWALS, OR ONES THAT WILL ALLOW FOR BOTH DEPOSITING AND WITHDRAWING
How to Sign Up on EcoPayz
These are the steps to follow while signing up an account:
- Go to www.ecopayz.com & Select the Sign-up icon and enter your personal information as required
- You will enter a password and answer a security question that will help safeguard your account further.
- Make a deposit to your ecoAccount.