EcoPayz payment system
EcoPayz is a payment system that allows you to pay for various services on the internet and keep money in your account. The payment system was created in 2000 and has not gained much popularity since then. EcoPayz operates all over the world.
This payment system is used not only to pay for online purchases (or to top up an account in a casino) but also to pay for goods directly in a shop. A special plastic card can be ordered through the official website of the company.
The ecoPayz payment system has both advantages and disadvantages. To begin with, let us take a closer look at the positives:
- Standard advantages of modern payment system: anonymity and safety of data, fast speed of transactions, reliable storage of funds;
- The payment system supports a large number of currencies. If the chosen online casino does not support your main currency, you can open an account directly in the currency of the casino to avoid unnecessary conversions and commission costs;
- For an additional fee, you can get an ecoPayz plastic card, which is convenient to pay in shops (e.g. in a supermarket);
- When it comes to online casinos, ecoPayz has no restrictions on deposits and withdrawals. The money comes into the account almost instantly.
Despite all the advantages, this payment system has significant drawbacks that are the reason why we would not recommend to use it if you already use any other payment system:
- User accounts have several “levels”. The higher the level, the more possibilities the payment system offers. For example, at entry level (right after registration) you have no possibility to transfer money to your bank account. To use ecoPayz on a regular basis, it is better to upgrade your account, which brings extra hassle and financial costs;
- Withdrawals to bank card and currency conversion are subject to a fee that depends on your account status. At entry levels the fee can be very substantial;
- EcoPayz is not supported in every country of the world, which imposes inconveniences, especially if you plan to use ecoPayz plastic card when travelling;
- The most important disadvantage is that a large number of popular casinos do not support the ecoPayz payment method.
In addition to all the above disadvantages, users complain about fraud by the company, non-transparent withdrawal system, difficulties in document verification, etc. Therefore, due to the availability of more popular and reliable payment systems, we cannot recommend ecoPayz.
If you still use ecoPayz and decide to make a deposit to your casino account, there are no special procedures to follow: on the deposit page you choose the ecoPayz payment method, set the deposit amount and confirm the payment. Authorization and completion of details takes place on the payment system’s website, not the casino’s, which allows you not to worry about data security.