What is Ecopayz?
Ecopayz is a type of electronic wallet that allows people to set up an account for free. You do not need a bank account or credit card in order to do so. It is possible to fund your account with prepaid credit or debit cards, in addition to a number of other online payment services. If you do decide to link your bank account or credit card, you must go through a verification process first.
After setting up your account, you can then send and receive money or even make online purchases. You may even use it to place bets at online casinos that accept this payment method. When you gamble using Ecopayz, you can be sure that your financial information is secure and that you are using a trusted payment source.
Using Ecopayz to Gamble Online
Before you can wager any bets, you will first need to see if your online casino accepts Ecopayz. The best way to do this is to head to the banking section to view a drop-down list of payment options. If you see Ecopayz listed, you can create an account with that casino in order to begin playing.
Log into your account and then visit the cashier. Enter your Ecopayz account information and the amount you would like to wager. The amount will be added to your online casino account in just a few moments.
Alternatively, you may also use an ecoVoucher to fund your mobile casino account. To do so, you will need to purchase a PIN number from a participating retailer. You will then provide that PIN to the casino operator, and it will act as a prepaid credit or debit card.
Withdrawing Funds
It’s also very easy to withdraw funds, as the process is very similar to the one used to make deposits. However, you should know that your winnings are not transferrable from your Ecopayz account to your bank account or credit card until you have completed the verification process. This involves uploading documents such as a bank statement or a utility bill.
An alternate withdrawal method is the Eco Webcard. This too, will provide you with a PIN that you can use to make online purchases with any merchant that accepts Ecopayz. You do not have to complete verification to obtain an Eco Webcard.
Fees and Limitations
Fees can eat into your gambling budget, so you should calculate them before making any wagers. Ecopayz charges the following fees for funding the account:
- Bank wire deposit-7%
- Credit card deposit-1.69% to 2.9%
- EcoVoucher deposit-2.9%
- Western Union deposit-Free
You could be assessed a surcharge of between €5.90 and €10.00 for withdrawals to a bank account. When sending money to another Ecopayz account holder, you’ll also incur a fee of 1.5%. Currency conversion fees are anywhere from 1.25% to 2.99%.
Benefits and Features
When gambling online, one of the biggest benefits of using Ecopayz is its flexibility. Anyone can use this payment method even if they do not have a bank account or credit card. It also offers multiple ways for you to withdraw from an online casino.
Ecopayz uses encryption methods such as SSL and TLS to safeguard your account. Some gamblers feel that the ecoVoucher provides an additional layer of security because there is no need to enter any Ecopayz account information. PIN numbers are not reusable, so even if someone did access one, they would not be able to conduct transactions with it.
Betting Limits
The company does place some limits on daily and single transactions. Most players will have no trouble maintaining these limits, but high rollers might nonetheless be bothered by them. Still, others will find that the Ecopayz limits help keep their gambling habits in check. Always wager responsibly and know what your account limits are before you visit a mobile casino.
Conclusion
Ecopayz is a highly respected e-wallet that provides secure transactions for online gaming sites. When using it at a virtual casino, you will enjoy smooth transactions and a great deal of flexibility for deposits and withdrawals. However, you should be mindful of their fees, which are somewhat higher than what other e-wallets charge. So long as you do, you can use this payment method with confidence.
