Choosing the right payment method is a crucial part when you plan to play at online casinos with real money. It would even be harder for you to decide if you are a player from a Middle Eastern country where gambling is looked down upon.
Fortunately, there are many online payment services that you can rely on when it comes to your online gambling transactions. One of the safest and fastest payment options widely accepted at online casinos is an e-wallet. It is an online prepaid account that is used to store money and transact online and offline. The transaction can be done through a computer or a smartphone whenever required. An example of a secure e-wallet service is ecoPayz. This is widely accepted at most online casinos.
It is an online e-wallet that is linked to an ecoAccount. You can sign-up for an account on the e-wallet’s website. The registration should only take a few minutes. Your profile will be instantly ready for use after you respond to activate your ecoPayz account via email.
ecoPayz uses the latest security and fraud protection technology to provide you with a fast, secure way of transferring funds. This e-wallet service will let you feel at ease every time you spend your money online.
The security of your personal information is ecoPayz’s topmost priority. Rest assured that all your financial information is never shared with anyone even when you input your details directly on websites.
What is ecoPayz?
The ecoAccounts are classified according to their account levels. The higher the level, the lower the fees will be. This means that you will have access to better features like transferring bigger sums of money.
These tiers are:
Classic – The Classic ecoAccount is the level that you will acquire upon your
registration. This grants you a lifetime limit of deposits.
Silver – This level lets you apply for the ecoCard and the ecoVirtualcard. This lets you withdraw funds from your bank account and make transfers to friends and family. Additionally, you also increase the limits on your account.
Gold – The Gold ecoAccount gives you higher limits both within your account and with the ecoCard. You can enjoy free international money transfers as well. The best part about it is its reduced static currency conversion fee for all e-wallet transactions (1.49 %). Bear in mind that the exchange fees of 2.99% will be applied to all ecoCard and ecoVirtualcard transactions.
Platinum – There are some requirements that you need to fulfil before you can acquire this level. You need to maintain your Gold ecoAccount for thirty days. You must also ecoCard given that you have already activated it. Lastly, you must already have sent a total amount of 50,000 Euros or more.
VIP – You need to maintain your Platinum ecoAccount for thirty days to get this upgrade. You also need to have already transferred about 250,000 Euros or more.
It would be recommended if you upgrade to a Silver account for you to use all the services covered by ecoPayz. These features include cash withdrawals, transfers, and a broader currency range for you to choose from.
This account upgrade can be done by providing the ecoPayz customer support with additional personal documents.
These are the following:
- a clear scanned copy of your passport
- your ID
- an unedited photo of your most recent utility bill
- a scanned photo of your certificate of residence
- your most recent bank issue statement
You need to reload your account with funds if you wish to upgrade your level. EcoPayz supports a huge amount of international and local deposit options. Additionally, your account can even be upgraded by cash payments.
Some of these include:
- credit or debit cards
- internet banking
- prepaid cards
- other e-wallets
However, the availability of these deposit options will depend on your selected method and the country where you live. This also includes the processing time of deposits.
You will be able to apply for a physical ecoCard once your account gets upgraded to Silver level. The ecoCard is issued by MasterCard and is connected to the ecoAccount.
The good thing about this is its wide coverage. This means that you can make payments online where MasterCard is accepted as a payment method. Additionally, you can also make cash withdrawals from any ATM that uses MasterCard. You can apply for an ecoVirtualcard through ecoPayz’s website. Just like the ecoCard, the ecoVirtualcard can also be used where MasterCard is accepted.
Another feature of ecoPayz is its money transfer service. This will let you send funds directly and instantly to other ecoAccount holders anytime you want. However, both you and your intended recipient must own a Silver account to benefit from this service.
Any payment made by ecoPayz is carried out instantly. This is because the e-wallet is devoted to complying with the latest technological standards that ensure protection, safety, and security. You don’t have to worry about depositing your hard-earned money to your ecoPayz account. The site integrates a high-level SSL encryption to keep hackers away. This means that all of your personal or financial data are safe in the hands of ecoPayz.
Opening an account at ecoPayz may be free, but there are still some service charge fees that you will be required to pay. This is applied to some transactions that use third party payment options. The fee rates can vary depending on several aspects. These include your account level, the payment option you choose, and the country where you live.
How to Apply for ecoPayz in the Middle East?
Simply visit their website and click the ‘Sign-up’ button to create your ecoPayz account. This account registration should only take a few minutes. You should be able to register for one provided that the e-wallet caters to your country of residence.
You can start using it for all your online transactions. Enjoy fast and secure deposits, transfers, purchases, and withdrawals once you open your account.
Here is how to register an account:
Step 1: Visit ecoPayz’s official website. You can also click on this link to be redirected to the site instantly.
Step 2: Click the ‘Sign-up’ button at the top right corner of the page.
Step 3: Fill in your username, email address, and password. Select your country of residence, preferred language and currency.
Step 4: Proceed with your personal information. Type your first name, last name, birth date, and address details. Input your phone number and the CAPTCHA code to complete your account registration.
Step 5: Click ‘Create Account’ and you are all set!
How to Verify Your ecoPayz Account
You can add an extra layer of protection to keep your account secure. ecoPayz will automatically require you to set up your two-step verification. The site will send you an access code to the email you used to register you used for your ecoPayz account.
Follow the following steps to secure your ecoAccount:
Step 1: Upon registering, click ‘Request Code’.
Step 2: Check your email’s inbox. Locate the message from ecoPayz and follow the instructions indicated. Copy the number code.
Step 3: Paste the code and click ‘Submit’.
Step 4: Choose how you want to be notified when someone else attempts to access your ecoAccount. You may choose between Google Authenticator or SMS/Voice Call or this Click ‘Enable’ once you have decided.
How to add funds to your ecoPayz account
The main dashboard lets you view and manage all your account information easily in one place.
Here you will find the options to rename your account or see your current balance. You may also use the quick links to access main features like deposits, transfers, and withdrawals.
You can access your account settings from the settings wheel. You can make use of the simple navigation links on the left to access all your ecoAccount features.
Money deposits, transfers, and withdrawals are made easier and simpler with ecoPayz. Your transactions would even be better when you make deposits at an online casino with this e-wallet. Simply select ecoPayz on the payment page of the online casino. This is usually found under the tab ‘e-wallets’ selection. You need to enter the amount you wish to transfer to your account. Follow the instructions to complete the payment using your ecoAccount.
Most online casinos will normally charge some fees when you opt for EcoPayz as your preferred payment method. Any transferred funds are automatically credited to your casino account.
One of the most popular methods to fund your ecoPayz account is through a major debit or credit card. Examples of this are MasterCard and VISA. However, you won’t be able to link your debit/credit cards to your ecoAccount instantly. This is because you will be required to verify it with ecoPayz first. This verification process will be prompted the moment you attempt to make your first deposit. ecoPayz will then place a micro-deposit to your credit card account. From this point, you must check your statement to find the amount. Enter it on the ‘myEco website’ to activate your card for your future online deposits. A 2.9% fee will incur for credit/debit card deposits.
The processing times will depend significantly on the country of residence. This is especially the case for methods like local bank transfers and instant transfers. These two are the ones that take the longest times before they are processed.
How to withdraw your winnings from an online casino with ecoPayz
You can only withdraw your funds at ATMs around the world with ecoPayz’ ecoCard. You need the ecoVirtualcard as a one-time payment processing feature. This is done like how a normal cash deposit is made. Any withdrawals with ecoPayz can arrive instantly on the ecoAccount or take up to 2 days to be completed. Most casinos should not ask any withdrawal fees. Check the online casino’s terms and conditions to know more about the fee rates of your selected payment method. These fees vary from casino to casino.
Advantages of using ecoPayz in online casinos
The use of ecoPayz online payment solutions in online casinos features many numerous advantages.
These are the following:
- ecoPayz payments are instant.
- Any transferred funds are immediately credited to your casino account.
- Transactions are carried out according to the most complex banking safety standards for user protection.
- It is completely safe and secure.
- ecoPayz payments are anonymous. This means that any information about the depositor cannot be stolen by others.
- It is extremely easy to open a free ecoAccount.
- The service is extremely easy.
- ecoPayz is accepted by many online casinos.
- It is widely available in several countries.
- This e-wallet can also be used to make withdrawals from your online casino account.
- Its wide range of supported third party online payment services will let you manage your funds in one wallet.
Disadvantages of using ecoPayz in online casinos
Some disadvantages when you use ecoPayz are the following:
- ecoPayz charges fees for transfers
- It is only available in 33 countries
- Most of its features are limited