Learn how to use ecoPayz at Online casinos

Since the 2000s, ecoPayz has been a revolutionary company in its way of offering online payment options. It offers its services legally in more than 50 countries, offering transfers in 45 different currencies, including the real.

Operating from London, the company is fully legalized by the English government body called The Financial Conduct Authority (UK FCA). Through this, the company is allowed to operate throughout the European Union and in several other countries, including New Zealand.

Since its foundation, ecoPayz has been providing online payment services to businesses and individuals that are totally secure, instant and super convenient. Through him, fans of online betting they can transfer and receive funds from the best online casinos around the world quickly and virtually anonymously.

It is worth noting that ecoPayz is owned by PSI-Pay, a partner company of MasterCard and licensed to issue cards with this flag. MasterCard is one of the largest and most secure online and offline payment companies, we can guarantee that using ecoPayz services is completely safe .

With more than a decade and a half in the field, the company has grown and has been covering new markets and new online payment solutions for its users. Its newest release is the ecoVoucher, which we talk about in more detail below.

As for user security, therefore, you can rest assured that the company keeps your information completely confidential, and only you have access to the details of your ecoAccount. The protection measures in force encompass the encryption of all transactions that take place through the website, using the Secure Sockets Layer (SSL) protocol or its successor, the Transport Layer Security (TSL).

In this way, absolutely no personal information of users is shared with third parties. The company also uses the latest technologies to detect fraud and is fully compliant with payment card and Data Security (PCI and DSS) industry standards.

To optimize your security as an ecoPayz user, we recommend reading the security instructions available on the website.

Anyone can create an account on ecoPayz, as long as they are a resident of one of the countries covered by the company and are of legal age. If you live in New Zealand, you can create an account on the platform without any problems and use Dollar (NZD) to make and receive payments from friends, customers, and even pay for online services and purchases, such as making deposits at casinos.

If you prefer, you can make transactions in 44 other available currencies, including the US dollar, the euro and the British pound.

EcoPayz offers several services to its users: a virtual account (ecoAccount), a prepaid card that you receive at home (ecoCard), a virtual card (ecoVirtualCard), and a PIN for instant payments (ecoVoucher), which is very similar to Paysafecard.

Alas, not all of these can be used by New Zealand residents. And since it can be a bit confusing to understand which service offers what, below we specify all of them in detail, as well as who can use each one.

Before that, however, we will talk about a super important issue for players: processing times. How long does it take for payments made via ecoPayz to be processed? Generally, payments are instantaneous. Both the payments you make on the site (placing funds from your bank account, for example), and the deposits made on the betting sites.

As for fees, although no type of monthly fee or annuity is charged, and no fee to open the account, the user should be aware that fees are charged with each transaction made, whether to send or receive money.

For details, we recommend going to the limits and Fees page on the official website of the company. The amounts charged are usually based on the amount that enters or leaves the account, and differ between the various services used. For example, ecoaccount limits and fees are not the same as ecoCard. There it goes from the user to analyze the one that best corresponds to their needs.

It is also worth mentioning that ecoPayz offers a mobile app for Android and iOS devices , in which you can access your account and your cards, checking your balance and transactions whenever you want.

From the app, it is also possible for the user to make deposits to their account, transfer funds and request cards. Through a new partnership with Western Union – a multinational financial services company – even those without an ecoAccount will also be able to transfer money around the world through the app.

The app is available on Google's Play Store and Apple's App Store.

• ecoAccount

The most common ecoPayz service used by New Zealand players is the virtual wallet, called ecoAccount.

Creating an account completely free of charge, it is worth noting that you do not need to have a bank account and the company does not carry out any credit checks. You can fund your account from several methods (bank transfer and debit and credit card are among the options), and use it to transfer money to the sites of your choice.

You can also withdraw funds from your ecoAccount whenever you want, by different means. To create an account, go to the official website of the company and click “Open a free account”. From there, the procedure is super fast. Once your account is opened, you can start using it.

Currently there are five types of account a user can have. They are:

• • Classical
  • Silver
  • Gold
  • Platinum
  • VIP

When you register for a free account, you get a classic account. But there is a possibility to upgrade to any of the other accounts without any problems.

Their main differences are in the amounts of the fees charged and the services that you can purchase on the platform. The” higher " the level of your account, the more possibilities you have with it, the lower the fees and the higher the limits.

With a classic account, it is possible to make deposits at casinos quickly, safely and quite simply . However, in order to be able to withdraw your funds and make transfers to other ecoAccounts, you must make a upgrade for a silver account.

To use the full range of services offered first, we recommend that you do the following: upgrade right after creating the account. This is done quickly, just supply the site with some specific documentation, such as a proof of residence and a photo of your passport or identity card. If you are going to use your bank account to deposit and withdraw from your ecoAccount, you must also verify this data.

Verification may take a few business days, as staff must evaluate and approve your documentation. After that, you can start using your account, placing funds through various methods, such as credit or debit cards, other e-wallets, bank transfer, among others.

The fees charged for each deposit depend on your account level, the method you choose, and your region.

• ecoCard

EcoCard is a prepaid card associated with your ecoAccount. With it, you can use the funds in your account in physical establishments, and also online. It uses the MasterCard flag, and is therefore accepted in thousands of stores and services worldwide.

Currently, the ecoCard is only available to holders of an Ecoaccount silver level or higher . In addition, only residents of the member countries of the European Union and/or the European Economic Area can apply for an ecoCard.

As a result, New Zealanders residing in New Zealand will not be able to use the card. However, New Zealanders residing in one of the 31 EU and/or EEA member countries can apply for an ecoCard quietly. With it, in addition to making payments in thousands of physical and online stores, it is also possible to make withdrawals from your ecoAccount at ATMs.

The ecoCard is only available in three currencies: Euro (EUR), British pound (GBP) and US dollar (USD). In this sense, you can get up to three ecoCards, each using a different currency.

• ecoVirtualCard

Another option for residents of the member countries of the European Union and the European Economic Area is to use an ecoVirtualCard. This is a one-time prepaid virtual card. You can use it to shop online, as you don't get the card at home – you only get the card numbers.

EcoVirtualCard is also linked to your ecoAccount, using your ecoAccount funds to complete online payments. Once used, it loses its validity, and you can request a new card.

Like the ecoCard, it uses the MasterCard flag, and so can be used to make payments on thousands of online services. It is also available in three currencies: Euro (EUR), British pound (GBP) and US dollar (USD).

• ecoVoucher

EcoVoucher is the newest service offered by ecoPayz. It was designed as a way to make online purchases safely and even faster than eco cards.

When you purchase an ecoVoucher with the amount you want, you receive a PIN and can use it to make anonymous payments on any sites that accept the method.

You can purchase a PIN only at official points of sale, which are available on the official website of the company. Vouchers are available in four currencies: Canadian dollar (CAD), US dollar (USD), Euro (EUR) and British pound (GBP). Unfortunately, ecoVoucher is not yet available in New Zealand.

Like every payment method, using oecoPayz in your online betting has pros and cons. For some players, some points may weigh more than others. Therefore, we do not decide here which method is best. You decide which one works best for you!

Below, check out the advantages and disadvantages of using ecoPayz in your bets.

ADVANTAGE

• Creating an account on ecoPayz is completely free. You only pay fees for each transaction made, just like with other online wallets such as Skrill and Neteller.
• It is possible to deposit and withdraw funds from your account in 45 currencies, including the real.
• It is accepted in many online casinos and sportsbooks.
• In addition to using your ecoAccount to make deposits at casinos, you can also use it to make various types of payments and money transfers online.
• Payments made with your ecoAccount are usually instantaneous, unlike methods such as boleto bancário.
• Cards issued by ecoPayz have the MasterCard flag , which is accepted in thousands of stores and services around the world. This also ensures the quality and reliability you can expect from the company.
• There is no risk of overdrawing your betting limit, as you can only use the balance you have available on your account, unlike credit cards.
• With the mobile app on your mobile, you can check your balance and make payments from wherever you are.

DISADVANTAGE

• New Zealand residents unfortunately cannot yet purchase an ecoCard, an ecoVirtualCard and an ecoVoucher.
• With the restrictions, New Zealand users find more limitations on the platform, which can hinder the experience with the e-wallet.
• The fees and limits imposed by the company can be its biggest disadvantage. They are generally quite high (up to 7% on each deposit made on ecoAccount). Withdrawals to your bank account can cost between 25 and 42 USD (NZD).

There are several ways to make deposits and withdrawals on casino gaming sites. We write about all methods accepted in New Zealand , and we also analyzed each of them individually, seeking to show our readers the pros and cons of each method.

In general, making payments in casinos are simple and quick procedures. In case you encounter any kind of problem, we recommend accessing the help section of the site itself on which you are playing. There is usually a walkthrough demonstrating how to make deposits and withdrawals. In case this does not end your doubts, you can contact user support.

More experienced players and bettors know that deposits tend to always be much more agile than withdrawals . This is completely normal, since deposits are automatic, while each withdrawal request must be verified and authorized by the company.

This process, of course, can take several working days. And no, there is no getting away from it. For your safety, it is essential that you comply with all casino security determinations, which include anti-money laundering and anti-fraud policies.