Ecopayz Casino Bank Guide for Canadians
Ecopayz is a worldwide online payment solutions provider that offers quick, secure and convenient payment services to customers and merchants all around the world including online casinos and its players. This method of payment boasts a decade and a half of experience in this particular field and pride themselves on their ever evolving and transformative payment solutions. They take their customer grievances very seriously and endeavour to make their service the most satisfying it can possibly be. They also offer mobile payment solutions so if you like to game on the go, then the Ecopayz mobile casino is the solution for you.
- A safe and secure payment service
- Instant and real time money transfer
- Gives you complete control over your spending
Using Ecopayz for Online Casinos
Ecopayz is regulated by the United Kingdom Financial Conduct Authority (FCA ) and is recognised as an Authorised Electronic Money Institution (FRN: 900011). Its services are passported throughout the European Union. On top of that, PSI-Pay is a Principal Member of Mastercard and has permission to issue both branded and unbranded transaction cards. This includes contactless products from Mastercard. In terms of online security, Ecopayz is backed by state of the art, air-tight security systems that are compliant with the Data Security Standards (DSS). So the next time you decide to log onto your favourite Ecopayz casino, security should be the last thing on your mind.
Ecopayz is accepted widely across the online casino world as a form of payment, and in this case, as a form of making deposits. Although there are quite a number of Ecopayz casinos that accept this mode of payment for deposits, not all of them accept it for withdrawals. In these cases, the use of either a debit or credit card would be wise. In the case of the casinos that do accept withdrawals using this service, all you have to do is the select ecoCard option which is one of the payment options. Choose how much you would like to withdraw and the amount will be transferred to your ecoAccount instantly.
Opening an Ecopayz account
Opening up a new Ecopayz account is a rather easy task that should take you a couple of minutes to complete. All you need to do is simply head over to the official website which is www.ecopayz.com and click on the “open a free account” button that is located at the top right corner of your browser taskbar. A registration form will appear and the next step is to fill in this form with your details including name, date of birth, address etc. Hit enter and another form will appear where you have to fill in and confirm your card details. Note, that if you would like to complete withdrawals on an Ecopayz casino you will have to verify your account. All you need to do to verify your account is send a passport size photo of yourself coupled with a scanned copy of your identification card, passport or driver’s licence. You are also required to provide a bank statement, utility bill or certificate of residence.
Using Ecopayz in Canada
Online casino players especially those based in Canada have something to smile about. There is a myriad of Ecopayz casinos that do not face the same legislative laws as those faced by casinos based in the United States. Gambling laws in Canada are rather lenient and for this reason, Ecopayz has opened its doors to Canadian players as a method of making online casino deposits and withdrawals. Most if not all online casinos accept the use of Ecopayz for making deposits. Withdrawals, on the other hand, are only supported by a fraction of casinos again due to restrictions set by the government on gambling.
Fees and Limits
The fees and limits of an Ecopayz account depend on the type of account you have. Registration for all the accounts is free. Bank wire deposits directly to your account deduct a commission of up to 7.00%. Credit card deposits deduct a commission of between 1.69-2.90%. Currency conversion also depends on the type of account you have, with the Classic and Silver accounts charging a commission of 2.99%. The Gold and Platinum accounts charge a commission of 1.49% and the VIP account charges a commission of 1.25% on all currency changes. Transfer to or from an Ecopayz merchant is free for all cards. This payment service also charges a currency conversion fee commission of 2.99% for all transactions made with foreign currencies especially for those players who access an Ecopayz casino from outside Canada.
Benefits and Drawbacks of Using Ecopayz
There are in fact, countless benefits of using Ecopayz as a payment service. You are guaranteed privacy whenever you make an online transaction and none of your information is stored in the casino servers. On top of this, they use air-tight end to end encryption to prevent any third party from accessing any of your information. There are no fees charged when you sign up for this service and it does not require either a bank account or credit check. The platform has been tailor-made to support mobile transactions and no matter what mobile software you use, whether iOS, Android or Windows, the service is readily available to you. For those players without bank accounts, you can sign into an Ecopayz casino without having one.This form of payment also provides its customers with the one-use virtual card which has bumped up its security protocols and it expires once used.
Ecopayz gives its users the ability to own up to three ecoCards, and you can have them all in different currencies. This form of payment also supports over 45 currencies from around the globe and this is thanks to the many partners that they have. For this reason, you have a chance to top up using different methods including Visa, Mastercard, eKonto, GiroPay, iDeal, DineroMail among others. Their official website provides a much more detailed list, so head over there and take a look at the options you have. As one of their customers, you have a chance to benefit from the rewards and promotions that they have to offer on every transaction made using any of their cards. Their customer support runs 24/7 so no matter what time it is or where you are, they are there and ready to help. On the downside, Ecopayz has put a restriction on transactions made by players from the US due to their strict restrictions on gambling rules.
- Guaranteed privacy whenever you make an online transaction
- Requires neither a bank account nor credit check
- Players without bank accounts can make transactions without needing one
- Blocked most casino transactions for US citizens
A Short Review on Ecopayz as an Online Payment Method
In a nutshell, Ecopayz is a simple, safe and convenient way for making online purchases or transactions. The fact that it offers is users the ability to own several accounts with different currencies sets it apart from its competition. Free transfers within the system is also another attractive feature that it offers its customers and it should not be a wonder why they manage to retain their customers. On top of that, Ecopayz has a rather negligible conversion rate of 1.49% and this takes care of their international clients especially those who may not be operating with the same currency as the merchants. Overall, it is a rather reliable payment method, especially for casino players.
How can I deposit funds into my Ecopayz account?
The Ecopayz site offers a very detailed Step-by-Step guide on topping up your account. You can deposit funds into your account using any of the following methods; local bank deposit, credit or debit card, international bank deposits or local services. To deposit, simply log in to your ecoAccount and head over to the money deposits section then choose the method of your choice.
How can I make payments to a casino?
In order to deposit funds into your online casino account, you should, first of all, have an ecoAccount as well as an account at the online casino of your choice. Head over to the casino’s funds deposit page and check Ecopayz as the payment method you would like to use. Insert the amount you would like to deposit and you are ready to start playing!
What do I do if the casino has a different currency from my Ecopayz?
This is not a problem. Ecopayz offers a currency exchange service that will deduct the amount to be paid or deposited from your account and credit the merchant’s or casino’s account with the converted currency. The exchange rate used will be according to present day exchange rate and a small negligible fee is charged for this service.
Funds I deposited to my account have not been reflected. What’s wrong?
Deposits made to your Ecopayz account, especially via direct bank wire transfer are usually processed and credited to your account within 1-4 business days. If your account does not reflect the change within the designated time, contact support and email them a copy of your payment order as proof of payment. The Ecopayz support will give you feedback in no time.
How can I make wired bank deposit?
To make a deposit directly from your bank, log into your Ecopayz account and at the top left-hand corner, open the menu and click on the “Local Bank Deposit” option. Confirm your account number and enter the amount you wish to deposit into your Ecopayz account. Enter the necessary bank details and confirm your deposit. Your account will be credited almost immediately.
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