Using an Eco card to make your deposits at an online casino is a great option for many players. Here, we will be taking you through all the pros and cons of this payment method and how you can use it to make deposits online at your online casino of choice.
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Who is Eco?
Eco was formed back in 2000 and was known as EcoCard then. It is an online payment solution provider and is based in the United Kingdom under the company PsiPay Ltd. Since then, they have undergone some rebranding and are now called EcoPayz. In 2008, PsiPay Ltd had the financial operations of their business regulated and authorised by the UK Financial Conduct Authority, so you know that this is a company which you can trust to look after your cash.
How to use Eco to fund your online slots account?
Funding your Eco casino account is super simple and should only take you a few minutes to do. However, the first thing that you need to do if you have not done so already is create your Eco account. You can do this over on the Eco website using a few personal details and remember to activate it with the email that they send you. It is then ready to be used immediately! If you want to upgrade your account, you will need to send them documents such as a recent utility bill and a copy of your passport. You may then have to wait a short period of time for them to verify these documents before you can start using your account.
The next stage is to start uploading funds into your account. There is a wide variety of ways in which you can put money into your account from credit and debit cards to even using other e-wallets. If you have a Silver account, you will be able to get a physical debit card which is connected to your Eco account and is issued by MasterCard. Anywhere online that accepts MasterCard will accept this debit card and you can also make withdrawals at any machine that accepts MasterCard which is great.
You are then ready to fund your online casino account using Eco. Sign in to the online casino that you want to play at and head to the depositing page. Here, you can choose Eco as your payment option and you can normally find this under the e-wallet section. Let the casino know how much it is that you want to transfer into your online casino account and then you will be taken to the EcoPayz website. Complete the instructions on the EcoPayz website and you will find that once completed the funds can instantly be found in your online casino account. There are also no fees associated with this process either.
Pros and cons of Eco
- It can be used at casinos around the globe
- It is very convenient and safe to use online
- EcoPayz is a principal member of MasterCard
- It differs from other e-wallets as it provides a prepaid virtual debit card with some accounts
- Using this card allows you to easily monitor how much you are spending
- It can also even be used to make purchases at physical casinos
- You can open up multiple different accounts in different currencies
- Payments are completed instantly
- Bank cheque withdrawals are only available to some countries and not them all
- Fees attached to different accounts held with them
- Their service is not available worldwide
- Not every player wants to subscribe to their payment service
- You will be charged for inactivity on your account over 12 months
How does it measure up?
Eco is one of the best payment options out there when it comes to online payment services and e-wallets. There are a plethora of benefits to using this service and players love that they can get a prepaid debit card with an upgraded account, that transactions can be made instantly at their online slots sites account, it keeps you details safe and secure and that you can see exactly how much you are spending.
In comparison to other e-wallet options, it does charge you for a lot of transactions, which most e-wallets do, and we like that you can get the prepaid debit card if you want which is something that you do not see in a lot of other e-wallet options. If you are looking for an account that gives you this debit card prepaid option, then this payment method could be the right one for you.
Unfortunately, it can be hard for EcoPayz to keep up with other e-wallets in the industry as it is not as widely available across the globe, but you can use it in the United Kingdom to fund your online casino account. Just make sure to double check the fees attached to the different accounts before you get started playing!
|It allows you to track easily how much you are spending on online gambling||Payments are completed instantly|
|When upgrading your account you can get a prepaid debit card which is something that you do not see often with other e-wallet payment providers||You can withdraw money using this service too with an upgraded account|
Still have questions about the Eco payment casino service? Then make sure to carry on reading to find out more.
How safe is this payment method?
Eco was created in order to provide safe and secure payment transactions online and it will protect both your personal and financial details. All of the latest and best technology is used to encrypt customer transactions using SSL protocol.
Can I use Eco to make payments on mobile?
Yes, you can use the Eco payment service on your mobile to fund your online casino account. It is mobile friendly and you never need miss out on playing your favourite games on the go when using Eco. They also have a mobile app which you can download to access your funds anytime, anywhere with ease via your mobile device.
Are there any commission fees?
How much you are charged for using Eco at an online casino is down to the casino that you are playing at. However, there are also charges set by Eco for using their payment service. How much you are charged will vary from player to player, however, as this depends on how much you use your account and what account level you have whether this be classic, silver, gold, platinum or VIP.
Players also need to remember that this payment method charges you still for an inactivity fee. If you have not used your account for over 12 months, you will be hit with a monthly fee. Although this monthly fee is very small, no one wants to be charged for a service that they are not using!
Can you get different levels of Eco accounts?
Yes, there are several different Eco payment levels and you can sign up to them at no cost to you. This includes the classic account, silver account, gold account, platinum account and VIP account. However, while you will get more services and perks with the higher graded accounts, they do come with different fees. If you simply need an account to make deposits at your favourite online casino then the classic account should be more than enough.
How long do withdrawals and deposits take?
Deposits will be made almost instantly from your Eco account and card and you can make withdrawals in exactly the same way as you made your deposit. Withdrawals should also be transferred instantly and the majority of online casinos will not charge you any fees for using this payment service. When transferring money from your Eco account to your bank account, this can take up to three business days for the payment to be processed and visible in your account.
What are the minimum and maximum amounts I can deposit through it?
The minimum and maximum amounts that you can deposit using Eco all depend on the casino that you are playing, but also the account that you have chosen with Eco. The higher the level of account you have with Eco, which can be determined by how much you use the account, the more features you can take advantage of and this includes having higher limits of money that can be transferred.
If I deposit with this payment method, do I have to use it for withdrawals as well?
Eco is a little bit different in how it works to other e-wallets on the market. You can easily make deposits using this payment option, but you cannot use it for withdrawals if you only have the classic account. As we mentioned before, there are many different account options with Eco and if you want to be able to make withdrawals as well as deposits with this payment option then you will need to consider upgrading to a higher level account. This will not cost you to do this, but fees will be higher on these accounts so this is something that you will need to take into consideration.
If you do not want to upgrade your account, there are still plenty of other options for you to choose from when withdrawing your cash like Neteller, Skrill or even simply a bank wire transfer.