ecoPayz is a large electronic payment system from the UK. It provides its services to both individuals and legal entities. The system website has 7 language versions and 45 account currencies. For the convenience of users, a mobile application has been created. Clients are offered a huge number of ways to deposit and withdraw funds, which makes it easy to use for residents of different countries of the world. With the help of this payment system, instant deposits are made at the best bookmakers. Registered and regulated by the Financial Conduct Authority.
For more options to use ecoPayz payment intermediary Weenax . It works for European-speaking users: it pays cashbacks, helps to get premium statuses, answers all questions about the ecoPayz operation, deposit and withdrawal of funds, technical nuances. Weenax works both with individuals – betters and with legal entities under the affiliate program.
EcoPayz started its activity in 2000. This brand belongs to PSI-Pay Ltd. The headquarters are located in London. The company focuses on the quality of service and a good reputation. Signed partnership agreements with Master Card, Electronic Money Association, Initial coin offering, PС Industry. Over 18 years of development, the system has gone through the following stages:
- in 2000, the EcoCard payment instrument was launched – the basis of the modern PS ecoPayz;
- in 2007 it falls under the control of the directory of the European Union’s electronic money sphere. Developed its own application for the iOS operating system;
- in 2009, the system starts issuing debit cards;
- in 2013 changes its original name EcoCard to the modern ecoPayz;
- in 2014 a mobile version of the resource is released;
- in 2016, the website of the system is being improved, a European-language interface appears and currencies such as the ruble and the hryvnia are added. It also provides an opportunity to use it for replenishment and withdrawal of funds from accounts in bookmakers.
The focus of the payment instrument on the European-speaking population has significantly increased its rating in the Australian countries. You can withdraw cash at any ATM in the European. Today ecoPayz is the main competitor for such popular foreign systems as Neteller and Skrill.
Weenax provides additional support to users. Founded in 2018, this young service already operates in over 20 countries and is constantly expanding.
ECOPAZE DISTRIBUTION GEOGRAPHY
At the moment, residents of almost all regions of Europa can use the electronic system. The number of clients exceeds 20 million people from more than 45 countries. PS ecoPayz operates in such post-Soviet countries: Ukraine, Georgia, Poland, Moldova, Lithuania, Latvia, Uzbekistan, etc. Also, the system is used by all countries of North and South America, except for the USA, Guatemala and Cuba. But the black list includes: Kazakhstan, Egypt, Sudan, Republic of Korea, South Korea, Congo, Algeria.
Since the beginning of 2017, only residents of countries belonging to the single euro payment area (SEPA) can receive a plastic card. All previously issued cards are active until the expiration date.
The system is simple and easy to use, has many functions and clear monitoring. Support is provided in 7 languages: English, German, Spanish, French, European, Italian, Turkish. At the same time, you can open an account in several currencies at once, and exchange with other means of payment is also allowed. PS ecoPayz compares favorably with other Western systems in terms of loyalty to the European-speaking audience. With its help, it is convenient to make mutual settlements with European resources and online stores.
- You can transfer money to your account through various exchangers online (commission from 3%) or wallets of the Yandex.Money and MONETA.RU systems (commission 2%);
- no commission is charged for replenishing an account using bank services;
- the client receives Cashback for online purchases;
- using the developed application, it is possible to manage accounts and make purchases on the go;
- instant transactions are carried out, in which you do not need to wait for the receipt of money.
The client can choose the appropriate account level. The set of preferences and the commission rate will depend on it. 5 levels are offered.
# 1 CLASSIC
Assigned to all registered users. The maximum wallet deposit is 1000 €. The user is not allowed to transfer money from one wallet to another and make a withdrawal to a debit card or account. When exchanging currencies, a commission of 2.99% is charged;
# 2 SILVER
To obtain it, data verification is required. You will need to provide scanned copies of your passport or other identity card. Verification of documents’ authenticity will take up to 2 business days. After that, the client is given the opportunity to withdraw funds to a bank account;
# 3 GOLD
To get this level, you will need to transfer 1000 € from a verified bank card to your wallet or deposit 2000 € into your account in any convenient way.
Tip: Weenax users get it immediately, free of charge and forever.
The transaction fees will be reduced and the limits increased. When exchanging currency, 1.49% will be charged.
# 4 PLATINUM
To move to this level, you must use a Gold account for at least a month, and the amount of financial transactions must exceed 50,000 €. Platinum clients can make international transfers for free. The deposit limit has been increased to € 3000 per day.
# 5 VIP
To get it, you need to be a Platinum user for a month and make transactions whose amount will exceed 250,000 €. Commission for currency conversion is 1.25%, for withdrawals – from 2.9 € to 7 €.
Keep in mind: it is easier to get a status through Weenax – you need to replenish your account by a total of 10,000 € for any period. It is issued for life.
It is easy and quick to verify data on ecoPayz, the system does not make unreasonable claims. Compared to other European servers, the withdrawal fee is low. Users can apply for a virtual card, which will only allow making purchases on the network, but there is no way to cash out.
HOW TO BECOME AN ECOPAYZ USER
Initially, the settings are made for the G / L account. Since it is he who in the future will allow you to connect all additional functions. The necessary manipulations are performed on the main site. To create an account, you need to go to the “Registration” section, which is located in the upper right corner. The client will be offered a form to fill out, it indicates a nickname, password, the currency of the account, a secret question. After reading the list of rules for using the system, you need to agree with it by ticking the appropriate box. Next, personal data are filled in: name, surname, date of birth, registration address, zip code, contact information. At the next stage, a bank card is linked to the account. And finally, you need to click on the “Create an account” button.
After registration, you can transfer funds, pay for services, create invoices and perform other operations. A foreign currency account is created only after registration with an ecoAccount and confirmation of account ownership. The site contains a section “Add an account in foreign currency” in which this operation is performed.
Payments within the system are made in a special electronic currency. The virtual euro is equivalent to the real euro. The system supports 45 account currencies, including: European ruble, Ukrainian hryvnia, US dollar, Canadian dollar, Indian rupee, Czech crown, Euro and others. The ecoPayz functionality allows you to simultaneously open several accounts in different currencies, and convert funds at the current rate directly within the system.
ECOPAYZ PAYMENT CARDS
Real and virtual payment cards are available to customers. With the ecoPayz plastic card, you can make payments through terminals and pay for purchases in online stores. With its help, you can withdraw cash through ATMs, but in this case, you will have to pay a large commission. There is no charge for activating, canceling, updating the card, viewing the account balance and updating the client’s personal data. Changing the card costs 12.5 €, changing the PIN code 0.5 €. There is no minimum limit. The maximum amount of a single withdrawal is 250 € -500 €. No more than 3 ATM withdrawals are allowed. At payment points up to 8. The card is valid for 4 years.
To receive an EcoCard, you first need to open an ecoAccount. Then the client orders a card that will be sent by mail. Delivery will take up to 21 days. To activate it, enter the last 4 digits and birthday. You can use the virtual card only for online purchases.
TARIFFS AND COMMISSION
Registered clients have the following options for depositing funds into an account:
- bank transfer with a commission not exceeding 7%;
- debit card with commission – 1.69-2.9%;
- free top-up with ecoVoucher in any currency.
Attention! Also, a commission by a correspondent bank and an international transfer fee may be charged.
When withdrawing funds to a bank account, it is charged – from 5.90 € to 10 €. Transfers between accounts within the system are free, to other services – 1.5%.
REPLENISHMENT OF BOOKMAKER ACCOUNTS
The ecoPayz system is used by both Western and domestic bookmakers. The ability to operate funds through a mobile application allows you to place bets in live mode. Transfer and withdrawal of funds from bookmaker’s deposits are carried out quickly and without difficulty. The list of bookmakers using the ecoPayz PS is large, among them are:
Due to its high withdrawal limits, the system has earned popularity among high rollers (those who play high).
ADVANTAGES OF THE MOBILE VERSION
By installing the mobile application, the client can receive, send and spend funds all over the world. In this case, the user’s location is not important, the only condition is the availability of access to the wireless network. It is designed for Android (required version 4.1 or later) and iOS operating systems. The app is available for free download from the App Store or Play Store.
ecoPayz uses the best encryption and data storage systems, complying with the security standards of the banking industry (according to the Payment Card Industry Data Security Standard). The priority task of the system is the safety of personal information. Complete anonymity of financial transactions and non-disclosure of the selected payment methods are guaranteed. Leakage of personal data on the Internet is completely excluded. The client is provided with an additional level of protection against virus programs and hacker attacks.
The path of each transaction from the user to the system server is fully encrypted using the Secure Sockets Layer or Transport Layer Security protocol, based on the capabilities of the client’s browser. There are separate physical compartments for servers with personal data. The certification body, the British financial regulator Financial Conduct Authority (FCA), guarantees the reliable safety of client information and funds.
PS ecoPayz has an additional built-in 2-Step Verification function that allows you to increase the level of account security. After logging into the system and conducting a transaction, a special code is sent to the user’s phone, which must be entered in the corresponding line.
A whole section “Help and technical support” is available on the payment system website. When a problem occurs, a large list of answers to frequently asked questions is offered. Which for ease of use is divided into topics: getting started, login and password, account management and brief instructions. If the client could not cope with the problem on his own, he can contact the support by e-mail or by telephone. To do this, you must fill out the feedback form. In it, you must indicate your name, contact information, select a topic and enter your question or comment. You can also use the European-language live chat. The support service works seven days a week, 24 hours a day.
WHAT’S IN PERSPECTIVE
The ecoPayz payment service is actively developing in accordance with modern requirements. Additional functions and opportunities are constantly being created for ease of use and attracting new customers of the system. Today instant transfers, a mobile application, a profitable loyalty program and the ability to receive cashbacks are already available. Compared to other payment instruments, negative reviews about ecoPayz are rare. The comments are mainly related to minor flaws, there are no complaints about account blocking, account closure, loss or non-refund of money.