EcoPayz Casinos offer rich bonuses for players who register and deposit in their gaming platforms for the first time. These casino bonus rewards can range from 100% to even 500% deposit matches! This means that if you deposit 20 EUR with ecoPayz, on some sites you’ll have a total of 120 EUR to play with!
Check out this overview of ecoPayz for casino deposits in order to find out all about the pros and cons of using this platform, as well as step-by-step guide on how to make a deposit or withdrawal.
Best Online Casinos that Accept EcoPayz
What is EcoPayz?
EcoPayz, also recognised as EcoCard, is a European based company. As of now, the company is operated by the Financial Service Authority in the UK. It functions just like any other digital wallet and enables online payments to be instant. The Ecopayz service is growing in popularity as it includes comfortable and secure deposits and withdrawals that are 100% anonymous. Your EcoCard is a prepaid debit account which allows instant online payments at any casino accepting the payment method. Moreover, Ecopayz provides five different account levels, such as classic, silver, gold, platinum, and VIP.
About IPS
ecoPayz is a registered trading name legally used by IPS Solutions Ltd. IPS Solutions Ltd is a company incorporated under the laws of Cyprus with registration number HE346719 and with registered office at 73 Metochiou 2407 Nicosia, Cyprus.
IPS Solutions Ltd is authorised and regulated by the Central Bank of Cyprus (CBC) to issue electronic money and also to provide payment services. The license number issued by the Central Bank of Cyprus is 115.1.3.28.
Deposit funds with EcoPayz
To deposit funds into an online casino is a straightforward process where players first head over the EcoPayz site to register for an account. To open an account, you are required to provide:
- A copy of your Passport or ID
- Utility bill
- Proof of residence
- Bank statement
It usually doesn’t take more than five minutes to complete the registration process. It is entirely free to register an Ecopayz account, and once you are verified by Ecopayz, you can choose to use the payment method when gambling online. As a player, you simply need to select Ecopayz as a deposit option at your casino of choice.
ecoPayz Casinos by Country
Although it is not rare to find an ecoPayz casino, the number of countries that actually support transactions through ecoPayz is an entirely different matter. We have listed out some of those countries that officially allow ecoPayz as a gambling payment method:
- Canada: In many of the best online casinos in Canada, ecoPayz is accepted as a fast and secure payment option. Since this is such an easy way for making both withdrawals and deposits, ecoPayz is very popular in this North American country.
- Australia: Australia-based online players are still able to make money transactions via ecoPayz casinos. That is the reason why there are plenty of Australian online casinos that accept ecoPayz, despite recent changes in local legislation.
- Germany: Although each German state has its own regulation on online casinos, it does not affect ecoPayz in any way. Thus, German players can enjoy playing on their favorite German online casinos without worrying about any transaction problems.
Pros and Cons of using ecoPayz online casino
| Pros of using ecoPayz | Cons using ecoPayz |
|---|---|
| It claims to provide secure account funding and further claims that it will not reveal any private to a third party. | There are extra fees with the deposits and withdrawals. Although, they are no too high and are common with other e-wallet services as well. |
| It is completely free to open an account and to upgrade the accounts to silver or gold level. | It requests documents if the customer wishes to upgrade to ecoCard and ecoVirtualCard. |
| The waiting time for the process is very low, there are almost instant deposits and withdrawals and any waiting time seen in the withdrawal process is common because of the online casinos. | It charges every transaction with an additional fee overtaking a daily fee instead. |
| There are virtual card payment options as well as debit card options. | If the customer is out of the EEA they cannot use ecoPayz card products i.e. ecoCard and ecoVirtualCard. |
| It has an impeccable customer service that is available 24/7 and in multiple languages. | The transferring of funds is necessary when the customer runs low on the ecoCard. |
What are the payment limits with Ecopayz?
When depositing with your Ecopayz card, there are no limits on your transaction size. The casino will have maximum limits on funding, but your card won’t Ecopayz with KYC and AML checks to ensure all transactions using the card are legit.
Therefore, Ecopayz casinos don’t have any problems accepting deposits or making withdrawals to Ecopayz accounts. When signing you up for your Ecopayz account, make sure you have your KYC information on hand to speed up the verification process.
Ecopayz will need a copy of a photo-ID and a proof of residence like a utility bill in your name before opening your account. By having these items on-hand and submitting them as soon as you sign up for an account, you avoid delays in your casino’s withdrawal process. Winning big and not getting you money for days will leave you feeling frustrated.
Costs & Fees
The various account types you can choose to come with different costs and fees, but there are also some general ones.
The Five Different Account Types
| Account Type | Description |
|---|---|
| Classic | A basic free account. |
| Silver | You can get this type of account without extra fees, but you need to go through a verification process. With the Silver account, you’ll be able to open additional accounts, which can help you receive money in more than 40 different currencies, and also convert them to one of your choice. |
| Gold | In order to be eligible for the Golden account, you’ll need to have a Silver account for at least 30 days. Additionally, you need a verified deposit method, at least 5,000 Euros in cumulative deposits, and $25,000 in transactions with ecoPayz dealers. |
| Platinum | For the Platinum, you need to have a Golden account for at least 30 days. Furthermore, you need to make at least 50,000 Euros in transactions and need to be a holder of an ecoCard. |
| VIP | Similar to the Platinum, but you need to turn over at least 250,000 Euros with your ecoPayz account. |
All of these account types come with different fees and benefits, with each requiring more money to go through it to get lower fees and costs.
EcoPayz Casinos Conclusion
The service of ecoPayz is stable and accessible. It offers secure and quick transactions while guaranteeing the user’s anonymity. On paper, it sounds like the perfect payment method for gamblers. In practice, however, some people might be put off by the fees and the inability to use the account for something else other than gambling and Forex. This being said, if you are looking for a fast and secure way to make deposits and withdrawals at virtual casinos, you can always resort to ecoPayz. This will allow you to boost your gaming balance immediately, transfer money without exposing any personal information and checking your transactions any time of the day. Thanks to the mobile application of ecoPayz, you will be able to manage your money even when you are on the move.
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Mikhail from VipDeposits
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