EcoPayz web wallet page
EcoPayz web wallet page
Estimated reading time 4 minutes
While EcoPayz isn’t as widely known as major web wallet providers like Neteller or Skrill, you can find it at many top online casinos as a secure real money deposit option. We take a look at the e-Wallet and whether or not it is a good option for real money players.
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Background of EcoPayz
EcoPayz was established in 2000 but it was known as EcoCard – changing its name over a decade later to distinguish between the features offered. It is a virtual wallet where players can store their funds electronically and use it to deposit and make withdrawals.
A beneficial feature to the service is the EcoCard as it is a prepaid MasterCard which you can use at participating ATMs to instantly withdraw cash. However, the EcoCard service only comes in three currencies including Euros, USD and Pounds, so it might not be a suitable option for all players.
The EcoPayz e-Wallet on the other hand offers over 45 currencies, so we can use it to make deposits and withdrawals at web casinos accepting your local currency. You need an EcoAccount before you can start using your e-Wallet, which is free to create and just takes a few minutes.
Can USA players use ecoPayz?
No, unfortunately ecoPayz and ecoCard are not available for players from the USA. For alternative options, see our USA casino deposits page.
Create an EcoAccount for online casino transactions
To use EcoPayz as a web wallet you will need to register for an EcoAccount. This is simply the account which will be connected to your bank account and enable to you to use the web wallet.
Enter your details and activate the account – this is all free to do.
Then you will need to fund your web wallet in order to use it with a variety of methods available. However, there are fees involved, as follows:
- Bank transfers (instant deposit, local or international bank deposit) – from 0 to 7% fee incurred%
- Credit or debit cards – from 1.69 to 2.90%
The fees are dependant on where you are located, so you may be charged as an Aussie user even if you opt for bank transfers.
But when it comes to funding your casino account it is free to deposit and withdraw with any e-Wallet at the secure web casinos listed above.
How to fund your online casino account with EcoPayz
EcoPayz is an easy method to use at online casinos. Simply head to the cashier of any of the EcoPayz online casinos listed in the table above, once you’ve logged in. If you need to create an account, click on the log in button and register your details. This is free to do.
To make a deposit, simply locate the logo of EcoPayz and enter the amount you want to fund your online casino account with. Enter your Account ID and password and confirm the transaction. Your funds will appear in your account instantly, free of charge.
Use EcoPayz to withdraw winnings
If you’re ready to cash out of the online casino head to the banking page and opt for the withdrawal section. Follow the same prompts as you did to make a deposit, entering your information and the amount you wish to transfer back to your EcoAccount.
Web wallet withdrawals are quite speedy so you can expect to see your funds in your account from anywhere between a few hours to instantly. However, if there is a pending period applied for reversals it can take a couple of days.
You can then withdraw your funds to your personal account – unfortunately there are fees incurred here which can range from $8.44 to $14.30.
Pros and cons of EcoPayz web wallet for online players
Web wallets are incredibly convenient when it comes to performing gambling transactions, especially if our main payment method for online purchases isn’t compatible with online casinos.
EcoPayz is a great option, but the fees incurred are quite high. Alternatively, you can fund your Neteller or Skrill account using a bank transfer for free so be sure to do your research.
EcoPayz would have the advantage if the EcoCard offered more currency options since you could instantly withdraw funds from your EcoAccount and not be charged fees for withdrawing to your personal account.
EcoPayz is probably a better payment method for international players who are able to use their local currency, while other players should stick to Neteller or Skrill.
If you do want to opt for EcoPayz, you will find the electronic web wallet service offers the latest data protection technology to ensure when you create an account and fund it, your details are protected.
When used in conjunction with the secure web casinos listed above, you can be assured your finances and personal information are protected. This is due to the advanced security protocols in place which protect players.
If you’re looking for a reputable online casino to play for real money, we recommend Raging Bull Casino as our top-rated casino site for players from United States, which has some excellent welcome bonuses available for new players.