As you probably know, there are multiple ways to deposit money at online casinos. Sometimes, people might like using direct deposit methods where your money is taken straight from your online bank account. Others, however, might want to turn to things like e-wallets like ecoPayz where there is an extra layer of security as you will not be using your main savings account directly. EcoPayz casinos, too, are becoming more popular by the day.
The financial online service of ecoPayz is based on a system called EcoCard. This system was founded in 2000 by a company located in Horsham, England. Nowadays, eco Payz has become a vastly popular way of paying for both your online products as well as your online gambling.
EcoPayz works in a similar manner as its main competitors: Skrill and Neteller. All of these three services require you to set up your account before you can start paying for your deposits.
The first step in using ecoPayz is opening your very own eco Payz account. This is, of course, completely free of charge and should not take you more than a couple of minutes. The registration process includes coming up with a username and a password and letting the service know some of your personal information including your phone number and address. On top of this, a new user will need to tell ecoPayz what the origin of their funds is, whether it be savings, salary, pension, or investments. Lastly, you will need to confirm your registration through your email account.
When using ecoPayz (or any other e-wallet for that matter), you will need to pay heed to certain extra costs. These costs can be taken down drastically by using the service more. In fact, ecoPayz even has a loyalty system of sorts. The more you use the service, the higher up the ladder you will climb. Starting from Classic, you can proceed all the way to Silver, Gold, Platinum, and finally VIP levels. The higher your level, the less you will pay in costs for using the service.
Advantages of using ecoPayz
- Adds an extra layer of security between you, your bank, and the casino
- Popular in multiple countries around the world
- Fast payments
ecoPayz Support
E-wallets might not be the most simple payment methods out there, at least for new customers. Fortunately, ecoPayz has added a huge FAQ section on its website. Here you can educate yourself on all the most important matters related to this very banking option.
If you have some additional questions to the eco Payz team, you can also find a contact form on the service’s website. That being said, most online casino-related inquiries should be directed to the online casino in question, not necessarily ecoPayz itself.
Deposits with ecoPayz
While ecoPayz casinos are becoming more and more popular, not every casino out there lists ecoPayz as one of its payment methods. Because of this, you might want to check our casino reviews before you venture out to the first casino that you find.
Before depositing money to an online casino, you first need to fund your so-called EcoAccount. This will be the pool which you draw money from. Deposits to your ecoPayz account can be done by various methods, including credit cards and common online banking systems.
Once you know you have money on your eco account, you can go and deposit money to your gaming account. Here is how it works:
- Choose eco Payz as your deposit method.
- Type in the sum of money that you want to deposit.
- Log in to your EcoAccout with your ecoPayz username and password.
- Confirm your deposit.
That is all that is needed. Do note, however, that while depositing with ecoPayz might be free, putting money on your EcoAccount is not. The costs here depend on your loyalty level and could even be pretty high at the start, ranging from 0 to 10% based on your deposit method of choice.
Withdrawals with ecoPayz
EcoPayz can generally be used for withdrawals as well—as long as you are using the same method to withdraw as you did for depositing.
While withdrawing money to your EcoAccount can be done without much hassle, transferring this money back to your bank account might not be quite as simple. In fact, unless you have reached Silver level, you cannot withdraw money from your EcoAccount. Instead, you can keep using your winnings through EcoAccount.
If you want to take your EcoAccount on the road, so to speak, you can get yourself an EcoCard, which is essentially a special type of Mastercard. Or, you could just as well transfer your money onto a prepaid coupon-style EcoVirtualcard that can only be used online. All things considered, you might not want to use ecoPayz only as a conduit between your bank and online casinos as moving your money around is not super cheap—especially in the beginning. Instead, it would be smarter to think of eco Payz as merely an additional way of paying for things online and beyond.
