Canadian EcoPayz Casinos: Current Guide 2024

How Does the ecoPayz Payment Method Work?

An ecoPayz online casino is one that offers customers the opportunity to use the e-wallet, a global, quick, and secure online payment service. The payment provider also offers its own MasterCard.

PSI-Pay Ltd, the firm that created ecoPayz, was licensed by the Financial Services Authority (FSA) of the United Kingdom to issue electronic money back in 2008. In just a short space of time, the popularity of ecoPayz will grow to the point where they would join forces with Mastercard and go down in history as the first financial institution to launch an app, back when they were formerly known as EcoCard.

In terms of functionality, this is an ePayment service that is very similar to PayPal. Customers can transfer funds from their local bank account to their ecoAccount. It can be used as a regular e-wallet, or your funds can be loaded onto a Mastercard-powered prepaid ecoCard. There is no need to worry about a credit check while opening a new account. If you are an enthusiastic online casino gambler, then you can sign up with any one of many ecoPayz accepted online casinos in Canada today.

With this payment method, you can make payments from your desktop or mobile device. All you need is a stable internet connection and access to your ecoPayz account. You can make online payments at e-stores or sign up to casinos with ecoPayz to bankroll your eGaming account. Whenever you need to cash out, you can also transfer your payouts to your ecoAccount. With an EcoCard, you will be able to withdraw cash at a Mastercard ATM or make payments for items via POS.

While just about anyone can sign up to use this e-wallet service, there are still some rules that must be observed. Firstly, you must be 18 years and over before you can use ecoPayz. Secondly, you must reside in a country where ecoPayz payment is legally acceptable. Thirdly, you must meet the strict Know-Your-Customer (KYC) and Anti-money laundering (AML) requirements before you would be allowed to fully enjoy the benefits of this e-payment service.

Benefits of ecoPayz Payment Method

There are many benefits that can be derived from using transaction mode, however here are the most telling advantages:

• ➕ Can also be used as a plastic prepaid card.
• ➕ Very easy to set up and use.
• ➕ Acts as a secure medium between your real money and virtual gaming accounts.
• ➕ Authorized by most regulators in the online casino gambling industry.
• ➕ Several online casinos accept this payment method for both deposits and withdrawals.
• ➕ The processing time for ecoPayz transactions is often quick.

Drawbacks of Using ecoPayz

There may be numerous benefits to registering with ecoPayz casino sites, but there are also some notable drawbacks to using ecoPayz payment method, and these include:

• ➖ ecoPayz is not available for use in every part of the world.
• ➖ You may be charged service fees when you want to transfer funds from your ecoPayz account to your local bank account.

How to Make a Deposit on ecoPayz Online Casinos?

If you have used other e-wallets, such as PayPal or Neteller, the process of making a deposit at ecoPayz online casinos will feel extremely familiar. The four steps outlined below will typically look like this; however, minor variations may occur depending on the terms and conditions of the casinos that accept it.

Note that the online casino ecoPayz minimum deposit amount will vary from one casino to another. However, many casinos accept a minimum deposit of about 13.60 CAD (10 EUR).

Bonuses To Check Out at ecoPayz Casinos

As a newbie to an ecoPayz online casino, you are greeted with a welcome bonus. You can enjoy the thrill of a first few deposit bonuses, cashback, reload offers, and free spins at such online sites.

EcoPayz First Deposit Bonus

This is a bonus given to you for making an initial deposit at an ecoPayz casino. This is often a percentage (usually between 100% to 200%) match bonus up to a certain amount. This offer comes with strict wagering requirements, so always peruse the terms and conditions of the casinos to know what the playthrough requirements are.

EcoPayz Free Spins

Free spins ate often awarded along with deposit bonuses. You may get increasing free spins on your first, second and third deposits to play specific video slot games. Free spins offer you an opportunity to earn amazing payouts on multiplier wins.

EcoPayz Bonus Codes

You can use bonus codes to activate a bonus offer is it is available. Bonus codes are given for many different promotional offers including daily or weekly rebates.

How to Withdraw from ecoPayz Casinos?

The withdrawal process on any ecoPayz casino is more or less the same and the four main steps are highlighted below:

1. Go to the payment section of the casino: In order to initiate a withdrawal, you first need to go to the payment section of your casino. Keep in mind that the information you supply the site must accurately match the information you give your bank. This is done for your own protection against fraudulent activity.
2. Choose your payment method: You need to select ecoPayz as your preferred payment option from the day you sign up with the casino. Before requesting a withdrawal of bonus funds, check to see that you have fulfilled all wagering requirements attached to the said funds, in addition to submitting all necessary documentation to the casino.
3. Double-check your information and the amount you wish to withdraw: Just type in how much money you wish to take out and send in your request. The minimum withdrawal amount often starts at between 6.80 CAD (5 EUR) and 13.60 CAD (10 EUR), while the maximum withdrawal amount varies widely between casinos.
4. Withdraw if you so choose: If you want to withdraw money from the casino, you will have to give them enough time to process it. Typically, this ranges from a few days down to a few hours. To access your funds after they have been deposited into your ecoPayz account, you can either make a withdrawal to your bank account or use any of the supported e-wallet services.

What Is The Transaction Time at ecoPayz Casinos?

Deposits and withdrawals at best payout online casino sites that accept ecoPayz are typically processed quickly, as is the case with most electronic wallets. Deposits are processed instantly in some instances while withdrawals can be processed anywhere from 24 to 72 hours depending on when your withdrawal was initiated.

If you initiated a withdrawal over the weekend for example, you may need to wait till Monday. However, if your withdrawal is delayed beyond 72 hours, it is likely the default time it takes for your preferred casino to process a withdrawal through this payment method.

Fees and Charges for ecoPayz Payment Method

Most online casinos ecoPayz sites will not charge you to use it, although you may incur some costs when withdrawing funds from your ecoAccount to your local bank account.

Mobile Casinos Accepting ecoPayz

Many online casinos are now mobile compatible. This trend has enabled punters to play casino with ecoPayz along with other payment methods on smartphones. You can either launch your casino’s site using a web browser or you can download the site’s app if available, then login to your gaming account from there. This e-payment service is readily available on all versions and that includes both desktop and mobile platforms.

Support at ecoPayz Casinos

What you should expect from ecoPayz casinos is email, phone call and live chat support for quick resolution of your queries. With the live chat in particular, you can expect to reach the customer support team of most casinos on a 24/7 basis.

Similar Payments Methods to ecoPayz

While ecoPayz has all the features of a service like PayPal, a prepaid debit card is also a viable option by linking an ecoCard to your account. ecoPayz competes favorably with the industry’s best options in terms of how quickly and easily payments and withdrawals may be processed.

However, similar payment options to ecoPayz include:

Final Thoughts

Your ecoPayz account can be linked to your bank account in a matter of minutes after you join up with casinos that accept ecoPayz payments. Most of the top online casinos nowadays accept e-wallets, and these are known for speedy withdrawals and stringent security measures.

ecoPayz can be used as a standalone payment method, but it also supports adding up to three ecoCards on a single ecoAccount. For those who wish to keep a careful watch on their gambling budget, this is a great tool we encourage you to explore.