EcoPayz is among the most popular payment methods in the UK. Casino players from Great Britain prefer using ecoPayz as a deposit or withdrawal method because its secure and allows quick transactions. Keep reading to learn more about ecoPayz as a casino payment method and discover a list of top ecoPayz casinos for UK gamblers.
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Name | ecoPayz |
---|---|
URL | ecopayz.com |
Founded | 2000 |
Company | PSI-Pay Ltd |
Type | eWallet |
Currencies | GBP, USD, EUR, CAD +1 more |
Cryptocurrencies | BTC |
Processing Time | 2 - 3 Days |
ecoPayz give players from the UK and beyond, a secure, reliable and quick solution to paying funds into an online casino account. It’s not just casinos that welcome this popular e-wallet however, as it can be used at a vast range of online stores, or customers can send money to banks around the world. It’s a flexible option which has been around in its current form since 2013, although the company has been operating since 2000.
Anyone can sign up to get an ecoPayz card, without any credit checks needed. Once approved, the e-wallet is topped up via the users preferred method and the funds can then be spent as they wish, without the need to give any financial details out. It’s simple, convenient and welcomed in 173 countries.
The History Of ecoPayz
The original ecoCard was launched in 2000, which makes it one of the longest-running e-wallets available. In 2008, the company became fully licensed and regulated by the Financial Services Authority (FSA) in the UK and has been authorised to issue electronic money under the strict terms required by UK laws. In 2009, they became a member of the MasterCard network, with approval to provide their own card under the MasterCard service.
A major relaunch in 2013 saw ecoCard replaced by ecoPayz. Based in Horsham, England, the parent company, PSI-Pay, continues to grow and now offers business solutions, virtual cards, and the ecoVoucher prepaid service.
Opening An ecoPayz Account
It takes just a few minutes to get started, with photo ID and a recent utility bill needed to verify new account holders. There’s no need to enter bank details, which is a major benefit for those people who don’t like to give out financial information. Customers will be asked to create a secure username, password and an email address which are then used to confirm their account.
Once an ecoPayz card has been approved, it can be loaded with funds in a number of ways. Customers who use credit or debit cards will have to have their card verified by a very small payment being made to it. By confirming to ecoPayz how much was transferred, the card will be verified as belonging to the customer and can then be used to add funds to an ecoPayz account.
Bank transfers Giropay, Visa, MasterCard, American Express, paysafecard, iDeal, Poli, Union Pay, Yandex Money and iDebit are among the many options that can be used to add cash to an ecoPayz card. Not all of these services can be used in all countries, but the company website is a great help in deciding what’s best. They also have 24/7 customer support, so getting signed up and ready to use a card is a pretty straightforward process.
How To Use ecoPayz
The first thong to do is find an online casino that accepts ecoPayz. It’s perhaps not as widely accepted as major credit or debit cards, but there’s still a good selection, especially among UK-based casinos. Players just head over to the Cashier, or Banking section of their chosen site and hit the ‘ecoPayz’ option.
On-screen instructions will then guide them through the deposit process, but it’s usually just a simple matter of entering the username and password connected to their ecoPayz account and as an additional security measure, a one-time code will be issued. All that’s then left to do is for players to choose how much to pay in. Because this is a prepaid e-wallet and not linked to a bank account or credit card, there’s no risk of overspending. The amount loaded onto the card is the maximum amount that can be paid in.
This also means that the funds are guaranteed to clear, so the casino will usually credit a players’ account right away. There’s no need to wait for a bank to approve the transaction and no credit checks are required. It’s another major advantage of using cards like this, and of course, it’s not just casinos that accept ecoPayz. It can be used a wide range of online merchants, with funds instantly clearing and purchases approved in no time at all.
Taking Funds Back Out
Unlike some e-wallets, players can have funds returned directly to their ecoPayz card. The process is just as easy, and they will be able to withdraw some, or all of their casino account balance to the card. There’s often a period when the casino will hold the funds in a ‘pending’ status before returning them to players, but this is standard procedure and common to most withdrawal requests, via most payment services.
A Moment To Look At Fees
No online money transfer service is completely free, as the providers need to make a profit somehow, but ecoPayz is broadly in line with other options such as Skrill and NETELLER. The exact fees will vary from country to country and can be amended over time. Generally speaking, there’s a charge for loading the card by bank transfers, cards, or other e-wallets, or moving funds back to a bank. The ecoPayz website features the latest details.
These can often be off-set by taking advantage of the special offers and promotions run with partners of ecoPayz, although once again, these change frequently and a look at the company website is the way to discover the latest deals.
Here are the five easy-to-follow steps to making deposits at UKGC online casinos with an ecoPayz digital wallet or ecoPayz Mastercard:
Before you sign up or log into your casino account and go to the deposit section, ensure your ecoPayz account has enough funds.
When you log in and open the banking page, find ecoPayz and choose it as your preferred deposit method.
Select the deposit sum that best fits your budget and is also within the casino’s deposit minimums and maximums.
When you select ecoPayz as a deposit method, you’ll be redirected to the ecoPayz login page to finish the transfer.
When you log in with your credentials, verify the request to transfer funds to your casino’s balance in seconds.
Cashing out winnings using ecoPayz is completed in three straightforward steps:
Visit the casino’s cashier and open the withdrawal section to select ecoPayz as your withdrawal method.
Check the casino’s withdrawal limits and select the amount you wish to cash out that is aligned with these limits.
Verify the transfer, and you should see the money in your account within 24 hours.
Security is all-important to players and casinos alike. ecoPayz features the combination of usernames, passwords and single-use codes to ensure that the right person is using the card. Customers details are not shared with anyone, which adds a layer of protection against spyware, hackers, or any other mis-use of their accounts.
All transactions are encrypted over 265-bit Secure Socket Layer (SSL) systems, which in plain English means that the right funds will be sent to the right place each and every time. That applies to transfers made on desktop computers as well as those made over the ecoAccount mobile app. This allows customers to complete movements of funds to and from iPhones, Android and Windows-powered smartphones or tablet computers.
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CASINO10No, it’s not. EcoPayz is an e-wallet ideal for beginners as it’s easy to understand and use as a banking service at casino sites catering to British players. It works similarly to PayPal, Skill, or Neteller.
Sure. The e-wallet lets you top up your casino balance and withdraw winnings to your ecoPayz account.
EcoPayz deposits are processed immediately, while withdrawals depend on the casino’s pending period first. Once the casino approves the transaction, you’ll wait up to 24 hours to receive the money.
Yes, it is. The company is regulated by the Financial Conduct Authority of the United Kingdom, meaning it complies with the laws and is supervised by reputable financial authorities.
The e-wallet processes transactions faster than debit cards or bank transfers. Therefore it is a good selection if you prefer using digital wallets at UKGC-licenced online casinos.
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