The ecoPayz payment system was founded in 2000 in Great Britain. Earlier it was called EcoCard. Today the company is managed by PSI-Pay, which was registered with the Financial Conduct Authority (FCA) in 2011. The service positions itself as a global international system for electronic payments and money transfer.
Login and registration in ecoPayz
Having appeared quite a long time ago, the British company has firmly occupied its niche in the system of electronic payments. The company develops and implements comprehensive solutions for money transactions between individuals and companies. The service offers the opportunity to instantly transfer money around the world.
Back in 2009, the management company became a member of the largest payment system MasterCard, which allowed it to issue its own plastic cards under this brand. At the same time a mobile application for iPhone was developed, which was the first among financial companies of that kind. Just a year later the system got a strong impetus for further development, thanks to the opening of round-the-clock support in different languages.
Today, the company's official website supports 20+ languages, including:
- English;
- German;
- Polish;
- Japanese;
- Chinese;
- Spanish;
- Italian and many others.
In 2011, the company developed an innovative solution allowing instant payment of salaries to employees of enterprises and organizations. The company got its modern name ecoPayz in 2013 as a result of rebranding.
Reliability and security
The company pays great attention to security of payments and security of personal data. Partnership with MasterCard allows us to implement the most modern and reliable solutions providing fast and secure money transactions.
Data is encrypted using SSL protocol. The company is ready to present a security certificate from Thawte, which ensures absolute confidentiality of personal data.
The payment system works according to reliable DSS and PCI standards which allows customers to use all services with confidence and not to worry about the risk of being cheated. There is a large section on the official portal where clients of the service receive expert advice on how to protect their account from hacking.
Working with clients
In order to become a member of the system it is necessary to complete registration and verification. To do this, you should fill out a form with quite a lot of items. It will have to specify the exact data, such as:
- Name;
- Date of birth;
- Address of residence, as well as other personal information.
To pass the verification you will need to provide the administration with a copy of your passport or other identity document.
After you open an account for payments and transfers, you need to fund it. This can be done via a bank account, credit and debit cards. There are about 25 methods of depositing.
Withdrawal of funds from ecoPayz payment system is made only to the bank account linked to your account (may be several). However you should not withdraw less than 100 CAD. There is a fixed fee for withdrawal in the range from 5.90 to 10 CAD, all depending on the region of usage.
There are several levels (statuses) of user in the system, such as:
- Classic;
- Silver;
- Gold;
- Platinum;
- VIP.
The higher the status, the more privileges and opportunities the user has.
- Minimum is assigned to everyone immediately after registration. This is a limited level, which will not allow you to fully use the system. For example, a client with this level is allowed to make transfers for a total amount not exceeding C$2,500.
- Silver level allows you to use the services of the company in full scale but is restricted by some transactions; for example you can make transfers not more than C$15,000 per day. To get this level the client must be verified, the clients will have to send to the administration copies of their passport and the document confirming the place of residence.
- Higher statuses, like Gold, are granted to clients who deposited a certain amount of 2,500 CAD from their credit card or the equivalent. You also have to have your credit or debit card verified and have been a Silver user for at least one month, etc.
- To become a VIP level user, you will have to make payments and transfers through ecoPayz of at least C$250,000 or the equivalent in another currency.
There are commission fees in the system. For example, currency conversion is subject to a commission of 1.25% to 2.99%. Depositing an account through some systems is charged with a commission of up to 7% of the amount.
In 2014, the brand owners organized the issue of a virtual card, which allowed making purchases in online stores and on trading platforms with even greater comfort. Around the same time, a full-fledged mobile application for any smartphone was developed called ecoAccount. It can be downloaded from the App Store and Google Play.
Today the company produces prepaid ecoCards, which can be paid in many places around the world because it is multi-currency. Users can open an account in the system in more than 45 currencies.
Popularity of EcoPays in Online Casinos
The system is popular in some European online casinos. Reliability and security attracts a part of players, who are ready to make transactions in casinos through this system.
How to make a deposit to the casino through ecoPayz?
Since not all online casinos allow the use of ecoPayz to make payments, it is necessary to make sure that it is even present in the club. If the service is available, it is necessary to go to a personal cabinet/cashier and select the icon with the company logo. After that, players should follow the exact instructions and prompts of the system. Replenishment of the account will be carried out very quickly.
How to withdraw money from ecoPayz casino?
To withdraw money from the internet online casino account to the ecoPayz system, it is necessary to study the provisions of the club and clarify the limits for such operations. After that, the user should leave an application in the personal office, stating the 10-digit ecoAccount number, the transfer amount, and other data that the system will require. The transfer will be made in accordance with the rules and terms of a particular gambling establishment.
Best ecoPayz casinos online
The system is reliable and safe. If the user has a high status, it allows him to operate with very large amounts of money, but in the Russian-speaking community of gamblers is not widespread.
Other e-wallets are analogous to this payment method, if you are a fan of such payments, you can check out our list of casinos with Neteller.
Pros
- High reliability and safety;
- Fast registration;
- Multicurrency - up to 10 user accounts with support of 46 currencies;
- Almost instantaneous turnover of funds between members of the system;
- Reliability of the software.
Cons
- Serious turnover of funds to raise status;
- Lack of normal ways to withdraw funds;
- Rather high commissions.
