Now one of the top eWallets, ecoPayz is growing in accessibility when it comes to Canadian casinos. Not only is it simple to use, but it’s got strict layers of security in place too. So, check out the top casinos that accept ecoPayz now.
Right, time for a breather. First, we’re going to look at what exactly ecoPayz is and what it can provide you with when you use it online.
Established in 2000, this is actually one of the top eWallets out there. As with other similar payment options, you can get swift, secure transactions for both deposits and withdrawals. It’s also available around the world and gives you easy accessibility to your funds. Better still, all transactions are completely anonymous.
And, you’re not limited to one or two ways to fund your ecoPayz account either. In fact, you can enjoy convenient funding that’s similar to iDebit. Yes, we’re talking no long account or card numbers involved at all!
Okay, so you’re up to speed with what it offers, but how can you get started with an ecoPayz casino online? Never fear, just follow the simple steps below to get your deposit sorted:
- Create an ecoPayz account providing all necessary information
- Start with ecoPayz Classic
- Find online casinos that accept ecoPayz
- Sign up for the casino
- Go to the banking section and choose ecoPayz
- Type in the deposit amount
- Clicking ‘Next’ takes you to your ecoPayz account, so you will need to log in
- Choose whether you’re using an ecoAccount, ecoVirtualCard or ecoCard for your payment
- Complete the transaction
A popular plus point here is that you can make withdrawals as well. Yup, this means you won’t have to find an alternative method when that win comes true. So, how do you get your hands on your winnings? Just check these steps:
- Log in to your casino account
- Go to the banking section
- Click withdraw and select ecoPayz
- Type the withdrawal amount and log in to your ecoPayz account
- Confirm the transaction
However, you do need to make sure that you’ve met any wagering requirements prior to requesting the withdrawal. If you don’t ensure that you’ve done this, you’ll find that your payment won’t be processed, and you won’t be able to get your funds.
As with most payment methods available at Canadian casinos, not everything is perfect. This means that there are some important pros and cons you need to think about. However, for the most part, the positives do outweigh the negatives when it comes to this payment option. Let’s take a look at some of the main pros and cons right here.
So, what makes ecoPayz so good?
- Strong security protocols in place
- Bank details are only shared with ecoPayz
- Transactions are anonymous
- Instant deposits
- Easy transaction tracking
- Fast account setup
- Accessible account
As we mentioned, there are some downsides to ecoPayz. You may want to consider some of these before you make a final decision on whether or not to use this payment type.
- Fees for depositing funds into your ecoPayz account
- Conversion fees in place
- Membership level influences fees
If we’re being honest, this is actually the only real issue with using ecoPayz Canada. These fees do depend on what membership level you have as well as what the issue is. For instance, when it comes to the “depositing funds” fee, this can be anywhere from 1.69% to 2.9%. This is based on your membership level as well as the transaction type.
On top of that, you can incur currency conversion fees. Now, we highly recommend you set up your account in Canadian dollars from the get-go. That way when you’re placing a bet at a Canadian casino, conversion fees won’t be an issue. Impressively, ecoPayz does accept 45 different currencies, so you won’t have any problems here. But, if you were to transfer in a currency other than the deposit one, then you can get pinged with fees. These can be anything from 1.25% to 2.99%. Again, the lower fees pertain to the higher membership levels.
Finally, there is a monthly account maintenance fee of $2.24 if your account is inactive for a year. So, make sure you stay active or close it if you don’t plan on using it anymore!
If a payment method is to stand out, then you’re going to want speedy transaction times, which is exactly what ecoPayz offers. All deposits are instant, so you’re ready to roll right away. Withdrawals, as with all banking options, take longer. You’re going to have to contend with the usual casino pending times too, which can add to the timeframe.
A top plus for ecoPayz is that it’s very intuitive to use. You can track all your transactions within the app as well as make all manner of payments swiftly and easily. Moving up and changing your membership level is straightforward as well. And, you can get in touch with a helpful support team if you have any issues.
If you’re gunning for some of those casino bonuses (and you should be), then there are no issues with ecoPayz deposits here. Most casinos in Canada will accept an ecoPayz deposit when claiming a bonus or free spins, so this is a big positive too.
If you prefer using eWallets as your go-to payment method, then ecoPayz is a strong contender to counterbalance PayPal and Skrill. It’s speedy, secure and can be set up quickly. Additionally, it’s available at many online sites and there are no restrictions on claiming bonuses either.
Take a look at our list of the best ecoPayz casino Canada has to offer and get ready to start playing!