Ecopayz was launched in 2000 but has gained large popularity among online sports bettors and poker players after a rebranding in 2014. It is accepted by many international gambling platforms and has a range of major advantages over other popular payment systems like Neteller and Skrill, and guarantees quick and safe transactions in more than forty currencies. In this review, we will give you detailed information about ecoPayz pros and cons, commissions, security level, and other points essential for customers.
EcoPayz is one of the first e-wallet systems owned by Psi Pay, a British company operating globally and providing financial services for private customers and businesses worldwide. Although EcoPayz is mainly familiar to online gamblers for its instant transactions e-wallet solution, it features a set of various products aimed at different personal and business purposes:
EcoPayz e-wallet, allowing send and receive funds using a single account; the wallet is not connected to any bank accounts and does not require overwhelming procedures before you can start using it;
EcoPayz Mastercard, or ecoCard: a swipe card available for eight currencies and connected with the ecoPayz account; it allows customers to withdraw funds via ATM and make purchases in offline shops;
ecoPayz Business Account: an alternative payment solution allowing to make quicker business transactions (compared with traditional bank accounts).
ecoPayz Merchant: a merchant platform for online businesses for accepting funds from customers in more than fifty currencies.
All of them are licensed by reputable authorities and have a solid reputation combined with a diverse sports betting and casino gaming offer.
Besides, every ecoPayz betting site on this list has certain important features, including professional customer support, quick payouts, fair terms and conditions, and competitive price. In the table of the best EcoPayz betting sites below, you will also find information about bonuses and promotions available for ecoPayz customers.
EcoPayz minimum/maximum deposit
Bonuses and Promotions
$5/$1,000 or equivalent in other currencies
First deposit bonuses for casino, poker, and sports, seasonal promotions
First deposit bonuses for casino, poker, and sports, seasonal promotions, casino free spins
How to use ecoPayz for online betting?
In this part, we will answer the most frequent questions gamblers usually have regarding online betting or casino and poker playing with ecoPayz and will make all aspects clear: from registering at EcoPayz to managing your funds. Overall, EcoPayz is regarded as one of the simplest systems to get used to and accepts customers from a large number of countries. If we missed anything you need to know about creating and using your EcoPayz account, you will most likely find comprehensive information at their official website on the FAQ page, containing detailed explanations on most aspects of the system. Besides, you can contact their customer service agents and receive professional support in more than ten languages, including English, Spanish, Italian, Russian, and more.
Registering an account
Creating an ecoPayz account is easy and one of the system’s features is a relatively quick verification procedure. To start with, click the Sign-up button on the left upper corner of the page. You will see a form asking you to enter your username, email address, password, country of residence, preferred language (eleven options to choose from, including English, Chinese, Spanish, French, Russian, and more), and currency.
Indicate your full name as per your personal ID in Latin and local variants, your residential address, source of income, and a mobile phone number. After accepting terms and conditions, you will need to add more details:
After you fill in the required forms, ecoPayz will send a verification code to your email address and your phone number to initiate a two-step verification for the better protection of your account.
After this step, you will become an owner of a Classic ecoAccount that will allow you to deposit funds and make online transactions limited by a certain amount. To upgrade an account and use more features, you will need to prove your identity by sending your passport copy, utility bills, and a selfie. The verification procedure may take up to seven days.
Countries Where EcoPayz Can Be Used For Sports Betting
Ecopayz is accepted in all EEA countries, so if you can use it as a payment system in your region, you are only limited by the payment options your sportsbook offers.
However, Ecopayz also works with a range of non-EEA regions, so you can use it as your sports betting payment method in the United Kingdom, Russia, Pakistan, Japan, China, India, Indonesia, and more.
The United States and most African countries can not use ecoPayz, so you will hardly find this payment option at American bookmakers unless they provide their services globally and accept users from the other regions.
Ecopayz is a pretty typical solution for British and European online sportsbooks and casinos so if you reside in the United Kingdom or any countries included in the European Union, online sports betting with ecoPayz will be available for you, unless a particular gambling site does not cooperate with this system. Still, be ready for particular restrictions: for instance, sportsbooks do not normally accept ecoCards due to high transaction commissions, so you will be only allowed to top up your account using your e-wallet.
Ecopayz — Deposit and Withdrawal
The deposit or withdrawal process with ecoPayz looks more or less the same at various bookmakers, so most likely, you will have to take the following actions:
Go to a Cashier Page of your bookmaker;
Select Deposit or Withdrawal;
Choose ecoPayz in the list of the available banking methods; you will be redirected the to Ecopayz login page;
Sign in to your account;
Select a deposit or withdrawal amount and confirm the action.
Typically, deposits appear at a sportsbook’s account instantly, while withdrawal requests may take up to several days. There might be a range of additional restrictions and conditions applied by a certain sportsbook. For instance, many bookmakers only allow you to withdraw funds via ecoPayz if you topped up your account using the same method; the others let you choose ecoPayz for a payout if you have deposited with your ecoPayz wallet within a particular time, for instance, a month.
While making transactions with ecoPayz is pretty easy at most online gambling sites, and the procedure is more or less the same whatever platform you choose, the process of topping up the ecoPayz wallet itself may be a bit tricky. The ways how you can make an ecoPayz deposit may vary depending on your location: there are common options for all users and some local ones, too.
Among the most popular methods are the following:
Сredit or debit cards: this option is not available in some countries where the banks prohibit any transactions related to gambling in general and particularly betting sites. EcoPayz is recognized as a gambling-related entity so some banks may reject your payment. The commission fee is 5%;
Ecovoucher: the method allowing you to top up your account without the need of applying to any banks: you simply purchase a voucher at your local reseller and enter the payment code at the dedicated field in your ecoPayz wallet;
Cryptocurrency wallets: simply follow ecoPayz instructions; the commission fee is 1%;
Bank Transfer: commission may vary depending on the bank.
The payment options list becomes much wider after you verify your identity and switch your classical Eco Account to the Silver one.
Reasons to Choose EcoPayz for Sports Betting
We have already mentioned that Ecopayz has significant advantages making this payment option more preferable than other e-wallets. Among such advantages are high-tech security methods for protecting your funds and transactions, comparatively low fees charged by EcoPayz, and unlimited access to sports betting and casino sites bonuses. Let’s take a closer look at some of EcoPayz’s features.
EcoPayz uses the latest technologies to protect your account and all transactions: depending on your browser’s facilities, your payments will be secured by the latest SSL or less modern TLS protocols. Besides, EcoPayz is licensed by official financial authorities in all countries where it operates, so you can be sure that the company is regulated on the governmental level.
EcoPayz fees are lower than the ones from, for instance, Neteller / Skrill. Although the latter e-wallets have more deposit options overall, the most popular payment methods will be cheaper at EcoPayz in most cases. For instance, Neteller’s 2,5% commission for credit card deposits grows down to only 1,6% fee charged by EcoPayz. Another example: Klarna and GiroPay options come with a 1,5% fee at EcoPayz, while the others require at least 2,5% commission.
EcoPayz features a very convenient native app for Apple and Android mobile devices; the app makes navigation, payments, person-to-person transactions, and monitoring your payment history even easier than the main website does.
Bonuses and promotional offers for EcoPayz users
Typically, sportsbooks do not normally offer any special bonuses and promotions for deposits made via EcoPayz.
However, unlike Paypal, Skrill, and Neteller, EcoPayz is not usually excluded from welcome offers or any seasonal promotions.
Thus, you can claim any bonuses you are eligible for: from a first deposit match bonus to any promotions like cashback on your losses, free bets, free spins, and others.
Ecopayz for Betting — Pros and Cons
Although EcoPayz seems to be a very convenient payment system and is recommended by many sports bettors and poker players worldwide, we must mention its drawbacks, too — to stay unbiased and provide the readers with a fair view.
Advantages vs Disadvantages of EcoPayz
EcoPayz is superior in terms of customer service and quick support in case of any issues;
EcoPayz has a very convenient app that makes it easy to control a gambler’s budget, deposit and withdraw funds;
Ecopayz deposits are not usually excluded from bonuses and promo offers;
The transaction fees are lower than many e-wallets offer to the customers which are definitely appreciated by high-rollers.
You will not find many deposit options at EcoPayz; there are wallets with a much bigger list of available payment methods;
It may take time to confirm your identity before you can use all wallet’s features;
Not all sportsbooks accept EcoPayz as a deposit or withdrawal method, or both.
We find EcoPayz a reliable system, approved by many established financial organizations and providing its customers with a high-quality product for personal use and business purposes. It seems that the company is constantly developing and updating its product to meet all modern standards so there is a big chance more gambling sites will start accepting EcoPayz wallets and cards. Despite some cons, EcoPayz still remains a convenient and secure e-wallet working with a plethora of countries and currencies.
Can I get a welcome bonus if I use EcoPayz?
One of EcoPayz’s features is that this payment method does not normally prevent you from claiming welcome bonuses at various online sportsbooks and casinos. Unlike Neteller and Skrill, e-wallets which are usually excluded from the welcome offers because of potential bonus abuse, EcoPayz has a more solid reputation in the eyes of modern bookmakers. Thus, in most cases, you can claim your welcome bonus if you top up your account using EcoPayz, but we recommend double-checking T&Cs apply to particular offers.
Is EcoPayz trusted?
EcoPayz has a pretty solid reputation among gamblers and does its best to be transparent and fair towards the customers. It has an average rating on TrustPilot, and there is a range of complaints related to transaction delays. However, we have not found any evidence of fraudulent actions from EcoPayz’s side and regard it as a reliable company.
How do I make a deposit using EcoPayz?
To make a deposit with EcoPayz, you must first log in to your sportsbook or poker room account, go to a Cashier section and select EcoPayz as your payment option from the list of available methods. You will be asked to log in to your wallet to provide a bookmaker with access to your funds, select the amount you want to share, and proceed with the payment. In most cases, your deposit will be topped up instantly but sometimes the process takes up to 24 hours.
How long will it take to withdraw my winnings to EcoPayz?
The withdrawal period depends on a selected gambling platform: some of them process all withdrawal requests for several days, while the transaction is almost instant. The average withdrawal time is 1-3 working days, but we recommend you double-check the conditions at the particular platform you deal with.
Last updated on 26 Oct 2021- 08:37
Author: Harry Sunderland
As a former successful professional bettor, Harry Sunderland has developed analytical thinking skills helping him to make the right picks for sports events. His specific interest in MMA allows him to provide ... the readers with accurate ideas and create comprehensive guides and reviews on the UFC fights and combatants. Being a huge Soccer fan, Sunderland has much to tell readers about the game nuances and the most probable match outcomes.Show more
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