Guide to EcoPayz Casinos in Canada

Lots of payment methods have arisen over the past 20 years, and users have become a lot more demanding since then. Today, speed of settlement and security are among the biggest concerns among users of online payment methods. Online gamblers in Canada are especially picky about the payment options they use as they have high security needs.

In comes the EcoPayz online casino payment method. This banking option has enjoyed rapid growth, so it only makes sense that we explore it further. What is it all about? How does it work? And why would our team at GambleGuys recommend it? We’ll also look at any drawbacks this banking method may have.

Let’s dive into it.

What is ecoPayz?

If you’ve used an e-wallet before, you’ll find this payment method straightforward. It works as a virtual smartphone payment system and can be used for deposits and withdrawals. It isn’t just used for casino deposits and withdrawals; you can use it to make international transfers or P2P transactions.

The history of ecoPayz Canada goes back to the year 2000, when it was launched as ecoCard. This makes it one of the oldest e-wallets still surviving. The payment method is currently owned by PSI-Pay Ltd and is based in the UK, where it is regulated by the UK Financial Conduct Authority (FCA). It is also worth noting that the payment method has been a Mastercard partner since 2009.

Over the years, a number of improvements have been made to ecoPayz. For example, since 2011, users have been able to upgrade to business accounts, meaning they enjoy extra features and protections. Online vouchers are also available now.

How Does ecoPayz Work?

Again, anyone who’s used any e-wallet will be able to figure out how ecoPayz works. Before you can top up your account or withdraw money on an ecoPayz Canada account, you’ll have to first create an account. This process involves the following steps:

1. Go to ecopayz.com and choose a username that’s hard to guess but also easy for you to remember. Note that you’ll need the username whenever you log into your account.
2. Add an email address
3. Choose a password. Again, this has to be unique as it protects your account. You can also randomize it and add it to your password saver.
4. Pick your country of residence and select your preferred language.
5. Select your preferred currency. EUR, GBP, and USD are the most commonly used, but you can also choose CAD.
6. Next, you have to add your personal details, which include your name, birth date, and mobile number.
7. Add details on your location. These include your province, postal code, street, building/apartment, and town/city. You can also fill in your region, but this is optional. Remember that this information will be verified, so make sure it’s accurate.
8. Accept the terms of the service, as well as its privacy policy.
9. Indicate whether you’re okay with receiving updates from the company via SMS or email.

Now that you have an active account, you can go ahead and verify it. To do this, you have to log into your account and click the button labeled ‘Upgrade to Silver ecoAccount’. We’ll start with the email verification. A confirmation link will be sent to your account, and you’ll have to click it to verify your email. At this point, you’ll also have to choose a security question and answer.

You’ll then have to upload a photo ID. This could be your passport, driver’s license, or national ID card. The important thing is that the card is government-issued, and the photo has to be clear. For your address, you’ll need to upload a copy of a recent utility bill or bank statement (must be at most 90 days old).

Next, you have to take a selfie with your face in focus. Make sure you don’t have glasses or other obstructions.

One reason why we like ecoPayz is doesn’t require players to add a bank account during the signup process. Similarly, no credit check will be performed by the company. As noted, you can select CAD as your preferred currency. The platform currently accepts more than 50 currencies, and it is expanding to include more casinos from all around the world. As an international service, you can even use it for cross-border transactions. Remember that it keeps up with the latest exchange rates.

It is also necessary to look at the different account levels at ecoPayz. The available options are Classic, Silver, Gold, Platinum, and VIP (arranged from basic to most advanced). Note that all new members are automatically placed at the Classic level. However, this account doesn’t do much, so you’ll have to upgrade to Silver later on.

The level you pick determines the amount you can transfer to a casino. Here is a summary of the approximate maximum transaction limits depending on your level:

• At Classic, you can transfer a maximum of about 1472 CAD per day.
• At Silver, the limit rises to about 22,200 CAD.
• Gold members can transact up to 29,550 CAD in a day.
• The limit for Platinum users is 36,930 CAD per day.
• VIP members enjoy the highest daily transaction limit of about 44,169 CAD per day.

The maximum account balance also varies depending on your ecoPayz level. For Silver members, this limit is about 22,160 CAD, for Gold it’s about 147,740 CAD, and Platinum members can hold a maximum of around 177,300 CAD. ecoPayz doesn’t have limits for VIP members.

Something else to note is that this payment service restricts the number of credit card deposits in a day. The limit for classic users is 2, and this number keeps going up by 2 at each level. At the VIP tier, members can make up to 10 credit card deposits daily.

Casino Deposits with ecoPayz

Our team at Gamble Guys Canada also liked this method because it accepts a wide range of deposit methods. You can use any of these options to load money into your account:

• Bank wire transfers
• Credit cards
• The ecoVoucher system
• Other well-known e-wallets such as iDeal and UnionPay

Keep in mind that ecoPayz has fees for deposits, and these will vary depending on the deposit option you select. Here is a summary of the charges for different deposit methods:

• With bank transfer, you will have to pay a fee of 8.72 CAD to 14.77 CAD. The rate will vary depending on your ecoPayz level.
• With credit cards, the fee will be between 1.69% and 6%. A small fixed fee will also be added to the charges.
• If you use Trustly, you’ll have to pay a fee of 3% plus a small fee of about 10 cents CAD (subject to a minimum of about 2 CAD).
• For ecoVoucher deposits, you will have to pay a fee of 2.9%.
• zestPay will attract a 1% fee that’s subject to a minimum of 8.72 CAD. VIP users will enjoy a lower minimum fee of 4.28 CAD.

When transferring money to another ecoPayz casino account, the fee will be 1.5% (subject to a minimum of 0.74 CAD). There’s a distinction to be made here in that Gold, Platinum, and VIP members will enjoy free transfers to ecoPayz users. Any transaction made to and from an ecoPayz merchant will also be free of charge.

The fees could also be determined by the payment provider (eg bank), and this means you should consult them before you make the transfers.

In most cases, the deposits are completed instantly, and you’ll be able to withdraw them or transfer them to a casino. For withdrawals from ecoPayz, you’ll be charged a fee of between 8.72 CAD and 14.77 CAD. VIP members will get a lower charge of between 4.28 CAD and 10.34 CAD.

Casino Withdrawals with ecoPayz

After depositing funds in an online casino, you’ll have to wager them at least once. In some casinos, the wagering requirements may even be higher; just check the terms and conditions of the casino. When you’ve finally won some money, you’ll need to make a withdrawal, and this can be done via ecoPayz. Fortunately, it is very easy to make withdrawals with this payment option. It’s even better that this payment method doesn’t charge a fee when you withdraw money from a casino. Similarly, ecoPayz casino sites mostly don’t have withdrawal fees. However, it is better to confirm from your casino so that you avoid unpleasant surprises.

When withdrawing money from an ecoPayz casino, you should follow these steps:

• Sign into your ecoPayz casino account and go to the withdrawal page of the site
• Choose ecoPayz from the list of withdrawal methods
• Add your username and password
• Fill in the amount you wish to transfer

The casino will then validate the transaction and process the payment. In most cases, the sites will need a few hours or a few business days to complete the transfers. Keep in mind that many ecoPayz casinos won’t allow you to make a withdrawal before you wager your deposits. If you have a bonus, you’ll also need to meet a wagering requirement before you can cash out your winnings.

Is ecoPayz Safe to Use at Casinos?

ecoPayz is among the most secure casino payments methods you can use. One thing you should know about this service is that it keeps your personal details confidential and secure. It doesn’t share your data with third parties. This doesn’t just safeguard your funds; it also ensures that you never fall victim to identity theft. To ensure that data transfers are secure and secret, the service uses 256-bit SSL encryption. This encryption standard is used in government and banking services, so you can be certain that it cannot be compromised.

Keep in mind also that this is one of the casino banking options that are regulated by the Financial Conduct Authority (FCA) of the UK. This means it meets the latest security standards like fraud protection.

Here are other things you should know about ecoPayz:

• It’s a key member of Mastercard International Incorporated.
• It is fully compliant with the Payment Card Industry (PCI).
• It operates in full accordance with the Data Security Standards (DSS).
• The service is registered with the Information Commissioner’s Office (ICO) under the Data Protection Act of 2018.

With all this, you can be certain that your data will be safe when you sign up and transfer money on ecoPayz.

EcoPayz Casino Customer Support

Customer support is an essential aspect of online wallets, and ecoPayz understands this perfectly. If you have a query or complaint, you can reach out to the support team of the company via email or live chat. Its official website also has a contact form that you can use to submit your questions. In some countries, the company even offers telephone support. Note that the team is available 24/7 to help you out. The agents are known for responding quickly, and they even reply to most complaints on public forums.

It’s a good idea to also go through the FAQ page of ecoPayz. It is well organized with different categories for queries. If you find it hard to navigate, you can also use the search function. Don’t bother typing out entire questions; just fill in a keyword, and the search engine will give you a list of related topics.

The Best Online Canadian Casinos Accepting ecoPayz

Now that you know why Gamble Guys likes ecoPayz as a payment method, it’s time to choose a gambling site that accepts this e-wallet. Here are the top ecoPayz casinos for you to consider:

• Slot Hunter– This casino operates with an offshore license from the Malta Gaming Authority (MGA), so you can be confident that it’s legit. It has more than 2000 games. These include slots, blackjack, baccarat, roulette, and jackpot games. Its live dealer section is also quite comprehensive.
• Lucky Days– This casino offers more than 1000 games, and these are accessible on both the desktop and mobile versions of the service. Its game selection includes video slots, blackjack, roulette, video poker, and live dealer games. Top software providers like NetEnt and Microgaming are all featured on the site.
• PlayAmo– This is another great casino for people who enjoy using ecoPayz. Its game library contains over 3000 titles, including slots, blackjack, roulette, video poker, live casino games, bingo, craps, and scratch cards. You’ll also enjoy its 24/7 live chat customer support. Note that the support agents respond to queries in just a few seconds.
• Rant– This is another casino operating with a license from the Malta Gaming Authority (MGA). You can use the CAD to make deposits and withdrawals on the site, meaning there’s no need to pay for currency conversions. Another benefit of Rant is that it offers 24/7 customer support, and the agents are known for providing satisfactory answers.
• Golden Star– One thing you’ll appreciate about this site is its generous welcome package. You will also notice that its bonuses have lenient conditions, meaning you have a good chance of making a profit with them. ecoPayz withdrawals are also processed quickly on the site.

Keep in mind that the iGaming sector is constantly changing, so this list will definitely be updated at some point in the future. In reality, this is only a small selection of the best ecoPayz casinos. The fact that some of the top casinos in Canada are included on this list shows that ecoPayz has become an important payment option.

The Pros and Cons of ecoPayz

To give you a clear idea of this payment method, it is necessary to consider its pros and cons. Here are some of the benefits of ecoPayz as a banking option in online casinos:

• You can pick from 5 different user accounts.
• More than 50 currencies are supported on the platform, including CAD.
• You can use it for cross-border transfers since it offers accurate and updated exchange rates.
• Online transfers are settled instantly.
• The quality of customer support is top-notch.
• It offers the highest levels of security you can get in an e-wallet, including the latest SSL encryption standard.

Still, this payment method isn’t perfect. It has a few drawbacks, as you can see in this list:

• The ecoPayz Mastercard isn’t available to people living in Canada. At the moment, it is only available to residents of the EEA.
• Apart from Gold users, the service has fees for all internal transfers.
• Some people have noted that the mobile app is a little slow.
• ecoPayz sometimes closes accounts for mistaken reasons. However, e-wallets like PayPal are even more notorious for closing user accounts.

As you can see, ecoPayz is an excellent method to use in online casinos. Take some time to run further research on it so that you make an informed decision when making transfers.