In 2008, PSI-Pay Ltd started being regulated by the FCA under the Financial Services and Markets Act of 2000. So this adds an extra layer of trust and security, as this payment system was under the regulation of the EU Directive.
Expanding further, ecoPayz gained a MasterCard merchant status, launched its iOS-based app, and built its dedicated online platform. It also partnered with Western Union. EcoPayz won the Sussex Super Growth Award in 2019 as recognition of its fast growth in the domain of growing companies. The ecoPayz MasterCard is replacing the company’s proprietary ecoCard that was launched in 2013.
EcoPayz is based out of Horsham, West Sussex, in the UK. It primarily facilitates transactions over the European Economic Area, but there is also an option for global transactions. It is a widely used payment gateway for online casinos that is popular with players worldwide. The multilingual support and excellent customer service make ecoPayz a widely used payment system on online gambling platforms. EcoPayz offers transactions over 46 currencies and makes global transactions instant.
How to Make a Deposit/Withdrawal with EcoPayz at an Online Casino
As mentioned earlier, ecoPayz is one of the most popular options at any online casino for payments. The procedure to make deposits or withdrawals on an online casino via ecoPayz is safe and efficient. To use ecoPayz, follow the steps below:
- Register on the ecoPayz website or application and link your bank account to the ecoPayz account to have a functional e-wallet system for transactions.
- Log in to your online casino account and choose ecoPayz to make a deposit.
- Verify the name and password of your ecoPayz account to verify the payment procedure on the platform.
- Choose an ecoPayz payment option such as ecoVirtualCard, ecoAccount, or ecoMastercard.
- The withdrawals on an ecoCard or ecoAccount take from a few hours to two days, and there is no fee for the process. EcoVirtualCard is only available for a single payment.
Using EcoPayz on Mobile Online Gambling Sites
EcoPayz offers both a mobile-based application for multiple platforms and a mobile version of the website for both online casino websites and their mobile presence. There are no changes in the payment systems available for a casino on their mobile version. Thus, you can use ecoPayz on both mobile and desktop clients for a seamless banking experience.
EcoPayz Pros and Cons for Use at Online Casinos
ecoPayz Pros:
- Fast transactions at online casinos.
- Available in over 150 countries in the world.
- Prepaid debit card available.
- Multilingual support and multiple currencies are accepted.
- Perfect for online shopping and online gambling.
ecoPayz Cons:
- The ecoCard and ecoMastercard are only available in Europe.
- There is a fee for internal transfers except for a Gold account.
- Requires to maintain a high minimum account balance.
Alternatives to EcoPayz for Using at an Online Casino
If you do not wish to use an e-wallet for paying at an online casino, bank transfers and cards are readily available for use at any online gambling site. Or you can choose other e-wallets such as PayPal, Neteller, and Skrill.