One of the most popular payment solutions for e-card payments is ecoPayz. However, this payment provider does not just work with virtual cards as they also offer a physical card connected to your e-wallet. This means you’ll have several ways of accessing your funds through ecoPayz, making it a versatile and practical online payment solution. Even though it can be used for almost all online transactions, it’s perhaps used the most for online casinos, and there are plenty of casinos that support payments through ecoPayz. Learn more about this reliable casino banking method in our ecoPayz review.
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Depositing with ecoPayz is easy, fast, and secure. Some casinos will have a separate payment solution only for ecoPayz deposits, while others will allow for you to use the normal payment solutions for card deposits. You simply log into your account with the e-wallet and fetch the card details from your e-card from there, then enter these details into the deposit page.
If you have opted for ordering an ecoPayz MasterCard, which is a physical card you can get mailed to you, you can of course also use this. The card number, your name, the expiry date, and the CVC-code is all you’ll need to complete the transaction into your player account at your chosen online casino.
By performing an ecoPayz withdrawal your winnings will be paid out to your e-wallet. It won’t be automatically added back onto the card you used for your deposit, but rather end up in your account. From there you can of course find any of your e-cards or your physical prepaid MasterCard. With this transaction, which is a transaction going to an e-wallet, you’ll get the funds as soon as the casino has approved your withdrawal.
If you haven’t used a dedicated ecoPayz payment through the casino’s deposit page, but rather performed the transaction as a normal card payment, the funds will return through a card withdrawal. This takes between 1 and 3 business days once it has been approved by the casino.
The verification of your ecoPayz account is carried out like with any other e-wallet. A screenshot showing that you’re logged in and your name is all you usually need, although the casino might also ask to see the account ID or the connected email address on the same image. If you have paid using an e-card they might want to verify that as well. A screenshot of the card and the transaction going to the casino along with your name should be sufficient.
You’ll of course have to verify your identity and address with the casino as well, as this is always required for a KYC verification. This also has to be verified with ecoPayz, and you can use the same documents for this. You’ll need to submit a copy/picture of a valid ID and a utility bill or bank statement for proof of address.
The limits for transactions using ecoPayz are set by the casino; usually these are the same as the limits for normal transactions for VISA and MasterCard. Anything from €500 to €5000 per transaction is considered normal. You’ll also have limits from ecoPayz which will depend on your status with them. Factors that can affect your limits include how much you spend and how long you’ve had a verified account with them.
ecoPayz fees will vary greatly. Some casinos charge as much as 5% of the transaction as a fee, while others stick to the normal 2.5% for card payments. The best online casinos will, however, cover these fees for you, so you get to play with every cent that is deducted from your ecoPayz account.
To be eligible for a fee-free deposit you might also have to deposit a bit more than the minimum transaction amount available. This too will differ from one ecoPayz casino to another one. Information about this should be found either in the casino’s FAQ or on the deposit page. If the casino is not offering free withdrawals then you might have to pay either a fixed rate per transaction or a percentage of the amount you’re withdrawing.
Since ecoPayz can be classified as both an e-wallet and a payment card there is no set standard for the eligibility of casino bonuses when you use this deposit method. Some casinos will not let you activate their welcome bonuses with e-wallet deposits, which can be a big problem for users of Skrill and Neteller. ecoPayz might be grouped into these e-wallets as well, which means you may not always be able to use it for your first deposit. If, on the other hand, the casino classifies ecoPayz as a payment card, you’ll be sure to get your bonus.
ecoPayz is not among the cheapest payment methods for a casino to integrate, which is why finding exclusive ecoPayz bonuses is not that common. It could be that some online casinos have special offers for this, but it’s not considered normal. If you do find a bonus like this you’ll most likely have to use an ecoPayz bonus code, and this will have to be entered before you complete your transaction. Just note that for a deposit to be identified as coming from this electronic wallet you can’t use it as a normal card payment. Instead, you’ll have to pay by choosing the ecoPayz logo on the deposit page.
Now that we cleared everything regarding what is ecoPayz, let's see how it compares to other leading e-wallets. Obviously, the main competitors of the service are Skrill and Neteller. Both brands are, interestingly, part of the same company - the Paysafe Group. In terms of fees and transaction times, all three are pretty much the same. The same applies to limits, as most casinos impose identical restrictions to all e-wallets. Most negative ecoPayz reviews from online casino players are about the acceptance rates. While Skrill and Neteller are featured almost at every gambling site, ecoPayz isn't that commonly offered.