ecoPayz is an e-wallet that was designed to provide a secure interface for all types of online transactions. Originating in Europe, it’s managed via highly encrypted and cost-effective channels. We’re hoping to use ecoPayz for betting in the US soon.
The payment platform is similar to many other e-wallet types though not as well-known. As it may become available as a payment method at US online casinos, we’re giving it a good lookover to see if it’s worth your while using.
While ecoPayz isn’t yet available for US residents, one day it may be, so here’s everything you need to know should it become an option for US online gamblers.
Creating an ecoPayz account is easier than saying 1-2-3. All you have to do is provide some basic details like your email and residential address. In order to make payments from, and withdrawals to, your ecoPayz account you will also be required to enter your banking details to link your accounts. ecoPayz will need you to verify these banking details, and will instruct you how to do so by email. Then, you can simply log on, accept the T&Cs, and get going!
Many gamblers prefer using a third-party e-wallet such as ecoPayz for credit/debit card transactions, as it gives the user an opportunity to hide their card details from the bookmaker. This may reduce the risk of possible fraudulent activity related to their bank accounts, so for many, ecoPayz is seen as an extra layer of security.
Depositing funds at an ecoPayz betting site is also really simple. The payment steps at ecoPayz betting sites are usually similar, so get to know them so you know what to expect once ecoPayz hits the US.
Once you have registered at an ecoPayz betting site and have an active account with them, simply go to the cashier’s page. Once there, select the ecoPayz deposit option as your preferred choice and enter the amount you want to deposit. After confirming this, you will be redirected to the ecoPayz website where you may need to enter your username and password to confirm the payment. There you have it! Funding your sportsbook or casino account via ecoPayz is simple and will only take a few minutes. For quick reference, you can follow the steps below:
The withdrawal procedure with ecoPayz is the same as when you’re making a deposit. You select the ecoPayz withdrawal method from the cashier, enter the desired withdrawal amount, follow the instructions on the screen, and then authorize the money transfer. However, there are some extra requirements if you want to withdraw at an ecoPayz betting site:
When it comes to verification requirements, ecoPayz users supply all the most important information when they sign up and when they link their preferred bank account. Some of the information is mentioned above; however, payment verification can only be done on a verified account, so here are the other pieces of the information puzzle.
Your username will be used to log in to your account. It must be 6 – 20 characters long, easy to remember but hard to guess. Then, you should also enter your email address — preferably a valid one you are currently using ― otherwise, you won’t be able to go much further with the email verification process.
This will also be used to log in to your account. It’s important to create a strong and secure password, so ecoPayz requires this to be at least 8 characters long and containing one number and one upper case. The more complex your password, the safer it is, and you can also refer to the ecoPayz guidance for choosing a strong password. All that’s left now is for you to re-enter your password to confirm it.
Here’s the lowdown on all the personal information ecoPayz will ever need from you for verification purposes.
The last two steps are very important to not only ensure you know what you are signing up to, but also as part of the verification process for your ecoPayz account, declaring that all information you provide is accurate and true.
As you know, there are lots of other methods available when it comes to betting sites deposit options and those for withdrawing from yourg account. Here’s a quick comparison of how ecoPayz fares against a couple of the more familiar methods.
So there seem to be lots of great reasons to make you consider opening an ecoPayz account when they are made available to US residents. Before you rush into it however, consider these facts that may influence your decision.
Did you know that there are different ecoPayz account levels? There are five ecoPayz account levels: Classic, Silver, Gold, Platinum, and VIP. Each level involves different fees and perks, not to mention requirements to be considered for the specific account level. These levels, as a part of the ecoPayz package, are not available in the US; however, it’s definitely handy to understand how they work if the payment platform decides to make that smart decision of launching in the US. From this perspective, ecoPayz is a lot different from bank transfer bookies and even Venmo sports betting, which is also considered to be an e-wallet of sorts.
You start at ecoPayz with a Classic account, but you can upgrade it to a Silver, Gold, and Platinum. You can only upgrade to VIP if you live in Europe. It’s easier to upgrade to the silver account, for example, than it is to upgrade to Platinum, and it is also linked with your financial affluence. For example, to get the Silver account, only a verification should be necessary. In the Silver Level, you are able to receive money in more than one currency, but you still don’t need to pay any fees.
The Gold Account and Platinum accounts require you to deposit larger amounts of money into your ecoPayz account than the basic accounts, but provide you with different perks and benefits. There are, however, associated fees, the exact fee depends on the options available in your region and country of residence, so be sure to carefully read the terms and conditions when signing up.
Ever since ecoPayz appeared on the scene, it has evolved considerably and influenced the European and UK online betting market’s payment options. This deposit/withdrawal method offers additional security features, an easy-to-use app, 24/7 customer support, and relatively low fees. The deposit times are rocket-fast, and the withdrawal times are right on par with the platform’s peers, including PayPal.
After reading this review, ecoPayz betting sites should now be on your gambling bucket list. If you’re looking for an operator that supports ecoPayz or an ecoPayz sportsbook, they’ll hopefully be available to US players soon. For now, check out TheGruelingTruth.com to find detailed operator reviews you can trust and find an alternative that works for you, like American Express betting sites or other payment methods that are convenient and reliable.
When looking at deposits and withdrawals, you will always need to carefully read the T&Cs of the ecoPayz betting operator. Every operator has unique terms and conditions and they often are subject to change. You can find all the details you need about making payments with ecoPayz in our comprehensive review, here at TheGruelingTruth.com.
The ecoPayz platform is a popular payment method for sportsbooks and online casinos in Europe. Check out our reviews here on TheGruelingTruth.com where we take an in-depth look at ecoPayz as well as payment methods that can be used with US operators.
ecoPayz offers several payment options as well as perks for reaching account tiers. Some of these options include cards. If you want to learn whether you need an ecoPayz card to wager on US sportsbooks or online casinos, read our fantastic review about this payment method and where it’s available.
To this point US residents may find it has been difficult to confirm the process of opening an ecoPayz account. We have taken the hard work out of this for you by casting a critical eye over this e-wallet payment method and you can find out all you need to know in our expert guide
According to our review, ecoPayz is legit for several reasons that may change the way you think about gambling. Take a look at what TheGruelingTruth.com’s experts have to say about this payment platform and what it may mean for US gambling in the future.