Pro and Con
- Good customer service
- Low fees
- Fast payment
- No p2p fees
- Easy to use
- Requests multiple forms of ID
- Unexplained account closures
Making a payment with ecoPayz
Making a payment with ecoPayz is easy with your ecoAccount. Here are the steps to follow to deposit money into your betting account with an operator:
- First and foremost, you must have an account called the ecoAccount and register yourself on the ecoPayz website. It is advisable that if you do not have an existing ecoAccount, you take this decision after reading through the terms and condition of the online bookmaker with EcoPayz you are going to register with.
- Before you fund your online bookmaker with EcoPayz, it is a must to have some money in your ecoAccount.
- Register or login to your operator or online bookmaker with EcoPayz.
- Next, click on the deposit options and select ecoPayz as the payment method.
- Fill in the amount you wish to deposit in your account. Remember, you cannot fill in an amount greater than what you have in your ecoPayz account.
- A separate window will open up where you would need to log in using your ecoPayz credentials and then click on Submit.
- Your funds are transferred from ecoAccount to your online bookmaker with the EcoPayz account.
If you wish to make a withdrawal using your ecoPayz, you would need to select ecoPayz as your withdrawal option and follow the same steps as above. Within 12 to 24 hours, your funds should reflect in your bank account.
Average time of ecoPayz for deposits and payouts
The total time for deposits and payouts is not based solely on ecoPayz, but also on the operator or online bookmaker with ecoPayz you have registered with. The
Best Betting Sites
with EcoPayz in India typically takes lesser time, but there are a few of the Bookmakers with EcoPayz who hold the payout for another 24 hours, giving space to punters to change their decision. This way, the punters do not have to deposit more funds. This is also called the withdrawal reverse option. In such cases, the average time takes more than the given time for ecoPayz. The best way to know the precise time is to contact the customer support of the operator you are registered with.
Otherwise, the standard process time for deposits using the ecoPayz method is instant, and the payouts take 12 to 24 hours to reflect in your account. If there is a bank holiday, you must add that extra day. In the event where you do not receive your funds in three days, it is wise to contact the customer support team of your operator. If there seems to be no issue on their side, you could then go ahead and contact the ecoPayz customer support team regarding the delay.
ecoPayz verification requirements
EcoPayz tries to keep the verification simple as well as secure. Here are the steps to verify your account on ecoPayz.
- Log in to the ecoPayz account.
- Click on “Upgrade to Silver ecoAccount.”
- You must verify your email address, identity, address, and set up your security questions.
- You need to verify your email by clicking on the link sent to your email address
- Next is to verify your identity by providing a photo ID. It could be a passport copy or an Aadhar Card.
- You would need to verify your address. You could either submit the latest bank statement with your residential address or a utility bill with your address on it.
- You need to take a selfie and upload it.
- You will be notified through an email once your account is verified.
The history of ecoPayz
Ever since it started, ecoPayz has moved steadily ahead by offering easy payment solutions. It is not only immediate but also a very secure way of transferring money from one corner to another.
The company started back in the year 2000, also making it one of the longest established e-wallet companies in the world. It was in the year 2009 that PSI-Pay Ltd., the owner of ecoPayz, became the core member of Mastercard®. In the same year, it also launched its iPhone app, making it the first financial company to do so. In 2010, ecoPayz started offering round-the-clock customer support to customers all around the globe in multiple languages. After that, the ecoPayz business account was launched next year. This was an immediate hit because it became an easy way to transfer salaries to employees around the world.
In the year 2013, the company focused on the branding project to attain more business. It offered a customized range of tools for payment to all sorts of businesses and customers. It was then when ecoPayz brand was born along with its other products like ecoVirtual card, ecoCard, etc. In the year 2014, ecoPayz introduced a new feature that enabled customers to receive their ecoCard PIN directly from the secured website. In the same year, they launched the ecoAccount app, available for Android and iOS devices. You can find a lot of Sports Betting Sites with EcoPayz methods.
ecoPayz to other providers compared
UK Financial Conduct Authority licenses and authorizes ecoPayz.
It is compliant with PCI-DSS standard requirements. The most important advantage of ecoPayz is that all the information exchanged on the website is completely encrypted, offering full security, so your sensitive data does not fall into the wrong hands.
EcoPayz offers the following services to its customers, which makes it stand out from the rest of the payment operators:
- It offers timely fraud screening so that there are no security breaches.
- It is PCI DSS compliant
- It performs identity checks on all customers to ensure more security.
- The integration is free and straightforward.
- It offers a dedicated account manager to its special customers.
- It offers bilingual round the clock customer support through live chat and telephone.
- All transactions using ecoPayz are a hundred percent indemnified.
- It also offers chargeback protection
- It also offers disputed transaction mitigation
- It provides real-time transaction monitoring
There are no severe drawbacks to this payment provider. However, it can improve the speed of the ecoPayz mobile app, as it is a little slow compared to other financial apps. ecoPayz demands a lot of documents for verification, which can be frustrating at times. Plus, many operators may not activate bonuses if you use ecoPayz as a payment method.
Most popular payment methods
It is normal to get confused on deciding on which payment method to opt for when gambling online. Let us assure you that in addition to payment methods like
Neteller,
Paypal,
Skrill,
Bank transfer, ecoPayz is one of the most trusted and legit ways to deposit your funds in your account.
With ecoAccount, your private financial information is never shared with anyone, and your payment method is completely secured. When you are using ecoPayz, you are adding extra security to your information as it protects data against spyware, viruses, hackers, and other dangers. All information processed on their website is encrypted using the highest SSL security.
As per their website, the servers which store all the important information are physically away from other people and hardware, and no one can access the area. The Financial Conduct Authority regulates and authorizes ecoPayz, so you can be really sure that your information is in safe hands. EcoPayz offers one of the best e-wallets payments, which is fortunately available in India, and Indian punters can easily use it.
ecoPayz FAQ
Q1: Do I need to use the same deposit and withdrawal method?
Answer:
Although it is up to the operator on whether or not you will be required to use the same payment method for deposit and withdrawal, it is always advisable to use the same payment mode. This not only supports the Anti Money Laundering Act but also saves time that would be needed for double verification.
Q2: Why does an operator block my account?
Answer:
There could be numerous reasons due to which an operator would block your account like creating multiple accounts on an operator, attempting to open an account as a minor, not verifying your account in the given time limit, or involving into some fraud activity like abusing the bonus.
Q3: Can I get an ecoPayz bonus?
Answer:
EcoPayz does not offer any special bonuses to customers. However the online bookmaker with ecopayz could run an offer where it encourages its customers to use this method. It could give some free spins or a free bet as a reward or you could use ecoPayz promotional codes if they are offered.
Q4: What are the top five mistakes to avoid when making a deposit?
- Giving out wrong information to the operator
- Not checking the conversion fee before making a deposit.
- Depositing a big amount, the very first time.
- Depositing funds that are lesser than the minimum amount of deposit.
- Not checking the eligible payment method for a welcome bonus.
Q5: What payment method will get me a bonus?
Answer:
The bonuses that you get are dependent on the particular operator that you are engaging with and their policies for which payment methods that will make you eligible for a bonus. Although many operators may disqualify you from the bonus if you use certain e-wallets, there are a few operators and Bookmakers with EcoPayz who offer bonuses even if you use e-wallets as your mode of deposit.
Conclusion
EcoPayz is a popular and secure e-wallet, and you will find plenty of operators and Sports Betting Sites with EcoPayz. You can trust ecoPayz as it is safe, reliable and also quick. With the right licenses and highly secured SSL encryption technologies, your money is safe with ecoPayz. It supports not only on Indian casinos but even other casinos worldwide. They also offer some interesting VIP offers to their regular users.
The disadvantages are that the ecoPayz live chat does not operate round the clock, and you would need to submit a lot of documents to verify yourself with ecoPayz, which is time-consuming. Despite this, ecoPayz is one of the world’s leading e-wallets and there are many best betting sites with ecopayz in India.
