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Introduction
PSI-Pay Ltd is the company behind this e-wallet, and it has multiple awards under its belt! Examples of prestigious awards received by this enterprise are the Sussex Super Growth Award, and additionally, PSI-Pay Ltd has been nominated various times for awards such as Partnership/Collaboration of the Year at the FStech Awards and Payment Solution of the Year at the GGA in London.
Many are unaware that EcoPayz was one of the first e-wallets out there, and one that has paved the way for many others that we are now used to finding in the list of payment options at gambling sites worldwide. The platform originally launched in 2000, and its success became evident reasonably fast! Today, EcoPayz is available all around the world in over 150 different countries.
To use EcoPayz in the most efficient way possible, it is recommended that you download the app and install it on your device. The payment wallet is available to both iOS and Android users, and you can find it in the Apple Store as well as in the Google Play Store. The app works just as well for both operative systems and offers the same excellent features.
You can download the app for free, and the layout and functions are straight-forward enough for someone inexperienced or with little technical knowledge to use successfully. You can create your EcoPayz account directly in the app.
EcoPayz Technology
The experience can be seen in how EcoPayz cares for its users with the best security features to keep your personal information safe, and it is without doubt a platform you know you can trust from the moment you click open their website.
Nobody wants to put themselves at risk when making financial transactions online, and this is especially true for the casino industry. You are in it to win, and not to get scammed. To help make your gambling experience safer, EcoPayz offers a reliable two-step verification process to prevent anyone unauthorised from accessing your account.
This is an additional security feature that complements sophisticated encryption software and other safety methods, and it means you usually have to verify your identity after writing your password, by receiving a code to your mobile phone or tablet. Use the code to approve transactions and gain instant access to your deposited casino funds.
EcoPayz Signup Process
To use EcoPayz, you first have to head over to their website and sign up for an account. You can also sign up when you are ready to make a deposit at your favourite online casino, but we recommend completing the signup process ahead of time. It only takes a few minutes, and if you are new to e-wallets, here are the steps you need to take:
As you can see, the process is very simple and only requires you to fill in basic personal information, and we didn’t find anything out of the ordinary or that in any way differentiates from the signup process with other e-wallets.
EcoPayz Fees
One thing that could (and potentially should) affect your decision of which payment method to use is whether there are additional charges. Almost every payment method comes with some type of fees for either deposits, withdrawals or both, but how much you end up paying can vary greatly.
EcoPayz does have fees, but there is no set fee and instead it will depend on your deposited or withdrawn amount. There are no fees when you make deposits with money already in your EcoPayz account, meaning you can use your wallet funds to make free casino transactions. However, transactions from your bank account and to your EcoPayz wallet may come with a fee ranging from 0-8.5%.
A great thing about EcoPayz is the transparency the service offers, and it is very easy to see how much you’ll end up paying in fees before approving a transaction. You create your account completely free of charge, and it doesn’t cost anything to have an account with EcoPayz, and all you need to double-check are potential fees on transactions.
EcoPayz Transactions
It is no secret that e-wallets make money transactions very simple and hassle-free for online gamblers, and EcoPayz is no exception. With bank cards, you have to type in your card number or have your login device to your internet bank at hand, and none of that is needed when you make transactions with EcoPayz. Instead, all you need is your login details.
Casinos with EcoPayz will list this among their available payment methods, and all you need to do is to select it when you are ready to make your deposit. You can use EcoPayz both as a new player and if you have used other payment methods in the past.
Choose the amount you wish to deposit via EcoPayz and be aware of any minimum or maximum deposit amounts. It shouldn’t take the transaction more than a couple of seconds to go through, and then you’ll have your money on your casino account.
Withdrawals work the same way, where you pick an amount and are then redirected to your EcoPayz app or website to verify your login details. Withdrawal times can vary depending on the casino’s processing times but it usually takes between a few hours to a couple of days. E-wallets are known for being one of the fastest ways to get your money when withdrawing from an online casino.
EcoPayz Pros & Cons
Still need help determining if EcoPays is really the right payment method for you? There are so many options to choose from for Asian players, and we understand that you might find yourself in a situation where you simply can’t decide. To make things a little less complicated, we have listed some of the main pros and cons here below.
This is a platform with many years in the business, and as you can see it has plenty to offer. The pros mostly outweigh the cons, but you still need to consider whether the service offers you what you need and if EcoPayz can be considered right for you.
Pros
Cons
EcoPayz Mastercard
The EcoPayz Mastercard is a card that allows you to make direct purchases without just the way you would with a regular bank card, but instead of being connected to a bank account, all transactions go through your e-wallet.
This card allows its users to choose from one of 8 currencies, and you can even use it to make withdrawals at any eligible ATM machine. The downside here is that the EcoPayz Mastercard is only available in a few select countries, but we still wanted to mention it in this review as it is expected to become available worldwide in the future.
Conclusion
Just like other e-wallets, EcoPayz offers casino players a quick and secure way to complete casino transactions. Not only do you get that extra filter so that the casino site never gets to see your payment information such as your card number or internet bank details, and instead you login and approve the transaction with your EcoPayz credentials.
Being one of the first e-wallets on the market, EcoPayz has had plenty of time to define their product and to learn what their customers need, and that has led to a very complete and transparent payment service that suits Asian players perfectly.
FAQ
Yes, EcoPayz is an established e-wallet that has been on the market for many years, and it is ideal for making fast and secure payments to online casinos. The payment method is available throughout Asia in most areas, but there may be exceptions.
Yes. EcoPayz is available for making both deposits and withdrawals at any online casino that lists this specific payment method. You can deposit by using your EcoPayz funds or directly from your bank account and via EcoPayz.
It is always recommended that you read up on any online casino before signing up and making a deposit, and to only gamble through trustworthy sites. EcoPayz as a payment method, however, is considered very safe and an excellent option for players that worry about their financial safety on the internet.
When you make a deposit to a casino with EcoPayz, the money should show up on your casino account within the matter of a few seconds.
Yes, EcoPayz is available in most countries in Asia, but you might want to double-check to see if there are any restrictions in your area. In fact, it is one of the most popular payment methods in, for example, India.
Head over to the EcoPayz website and follow the steps to create an account. You will be asked to fill in basic personal information and verify that the submitted information is correct, and then you are ready to start paying with EcoPayz.
With EcoPayz, you don’t have to worry if you plan to travel and play, as you can use EcoPayz in over 150 different countries! You also have the option to choose which currency you wish to use for a transaction, and there are over 48 currency alternatives.
You can sign up and maintain your account completely free of charge, but there may be fees that come with your transactions depending on whether you are using money already in your e-wallet.