EcoPayz Casino
Players who have selected among the diverse payment methods offered by online casinos can consider ecoPayz a familiar choice. Established in 2000, this e-wallet has since seen the birth of several similar payment services. So how, exactly, does ecoPayz function for players at New Zealand online casinos? And how, if at all, does ecoPayz play into the regulatory picture for Kiwi real money players?
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What is ecoPayz?
EcoPayz was first launched under the name ecoCard. And they still offer a service called ecoCard, which we mention a little further down on this page. But since ecoPayz now offers so much more than just a debit card, they changed their name to EcoPayz. They made this switch in 2013.
In brief, ecoPayz is the digital wallet that simplifies several types of payments, whether made online or in brick-and-mortar shops that accept card payments. To use it, one must first sign up for an ecoPayz account, then send money straight from a bank account to the ecoPayz balance.
After that, transacting online is just as easy and secure as it is when using a credit card. This time, though, you never have to enter your personal EcoPayz account details at the payment stage. Again, EcoPayz acts as a safe, silent second party in the transfer. This time, the intermediary's presence is almost undetectable.
Those who want one can also order a physical card to be used for payments in a store, not online. These cards are sent out in MasterCard format and thus have the same conditions as a MasterCard. They can also be used like a debit card in any store that accepts them.
Advantages
- EcoPayz works for over 45 different currencies.
- You can order a physical card that works like a MasterCard.
- It's free to download and start using ecoPayz.
- Payments are fast and secure without having to enter your details every time.
Cons
- Some transaction fees may apply depending on country and membership.
- The lower levels of membership do not have the same benefits as the higher ones.
- Withdrawals at the casino vary, depending on whether the casino pays out to ecoPayz or MasterCard.
How we rate EcoPayz payment method
In this section, we will discuss the aspects we have examined that allowed us to assign a review and rating to ecoPayz. We have organized our presentation in a way that should make it fairly easy for you to skim and find the part of the payment method evaluation that you are most interested in.
Security and background
When examining online casino payment methods, the most vital factor is safety. With that in mind, we have taken a close look at ecoPayz, assessing how safe it really is to use for making deposits and cashing out at New Zealand online casinos. To do that, we have evaluated: * How well the company safeguards your data. * Whether they do all the necessary verifications in a secure way. * If ecoPayz is such a well-known payment method that it would be silly not to trust it when using it at, say, Spin Casino.
We also examine the process of account registration and the necessity of providing personal information for every transaction.
Function and use
After security comes the ease of use when we assess what factors are decisive for a payment method. We examine, among other things, the user-friendliness of ecoPayz and ask whether it is a payment method that you would download an app for, whether you would register for an account with them, and so on. We look at the number of steps you might take before you could actually start using ecoPayz at an online casino, and we also go through the pros and cons we see with various payment methods and the features they offer.
New Zealand casinos
Often when deciding which payment method to use, the accessibility of that method at New Zealand casinos is a major factor. Therefore, we investigated not just how accessible ecoPayz is at New Zealand casinos, but also whether it is a method that is gaining popularity or losing ground among the casinos.
Smoothness when depositing
At present, there are a number of handy methods for payment, and we have taken a look at how uncomplicated it is to make deposits using ecoPayz. Here, we, too, see how many steps one must navigate in order to use ecoPayz to make a deposit at a casino. We look at how effortless the verification of that deposit is and whether you have to use BankID, a special application, or something similar. In this part, we also take a look at where the money is taken from, whether there are multiple choices in that regard, and whether there are fees involved.
Withdrawal options and withdrawal times
Of course, withdrawals are just as important as deposits, and maybe even more so. So, we took a look at how ecoPayz does withdrawals. Among other things, we verified the process, checked the destination of the ecoPayz money, and timed the access to that money.
Other payment options
We have payment method reviews that are there to help you choose a payment method that is right for you. Helping you towards making a decision is the main reason why the reviews exist. Besides the actual reviews, we also list alongside them alternative payment methods to ecoPayz. This way, you can see what else is available, compare them with what you will find in the review, and enter them into your mind's eye when visualizing working with an ecoPayz payment method.
Play casino with EcoPayz
Thus, EcoPayz serves as an extension of an existing bank or credit card accounts by transferring funds to an e-wallet. It is that e-wallet which you can use as a virtual bank, holding the funds necessary for you to participate in some forms of Internet gaming. If you all of a sudden decided to build a gaming rig, I think you'd find it quite the investment.
"It can even be a practical choice to download and use an e-wallet for playing casino games online because you cannot exceed the balance of your ecoPayz account."
All online casino games in New Zealand have security features built into them, such as recording the active play time and setting limits on the amount that can be deposited. But you can choose to add an extra layer of protection, and this is how: Make your deposits from a separate account that has a more limited budget than the account where your whole salary goes. This way, you're not playing with house money, and you're ensuring that you can only access (and lose) a certain amount.
Our recommendation is to couple the security that casinos with a New Zealand license offer with a personal strategy for managing your gameplay. One effective strategy is to limit yourself to playing only for an amount that you've designated in advance and that you've loaded onto an e-wallet.
You can find recommendations for New Zealand casinos that accept ecoPayz in the leaderboard a little higher up on this page. At these casinos, payments with ecoPayz are accepted for all who use the app.
Find an online casino that accepts ecoPayz as a payment method. If not, and you have an ecoCard, attempt to use that and make a casino deposit. ecoCard functions just like a debit card, which means you'll get the same 'go' that you would if you were using a debit card in the same situation. You will, however, be using different 'money' because ecoCard draws from your ecoPayz balance.
How does ecoPayz work?
To begin using ecoPayz, you must first register for an account and then log in to a casino using EcoPayz. Registration is either done through the ecoPayz website or by using the ecoPayz app on your mobile device. Once registered, you'll then go through the account verification process, which is most smoothly done by emailing a copy of your ID to ecoPayz.
After verifying your identity, you can utilize the many services that ecoPayz offers. You select your desired method of funding your ecoPayz account, though the method preferred by most users is transferring money from a standard bank account.
Pay with your mobile
Subsequently, you have the option to execute your payment electronically, using one of three methods: directly via the app; from the web platform, using your registered ecoPayz account; or from the app, using the physical ecoCard. The procedure for each method is detailed below.
Security
All payment methods that casinos use and that carry a New Zealand license are safe. They are reviewed by someone in New Zealand. EcoPayz is of a payment method that uses the latest technology to ensure that all your data is always sent fully encrypted. They also use a password as part of the method, making you much more responsible for security, as you should be, and treating your password as a document. And you're not just a responsible adult when you do this. You're also being smart, because EcoPayz is, like I said, a safe way to pay.
The benefit of using an e-wallet is that the account rarely holds large sums of money. This is especially true if your only use of ecoPayz is to play casino games online, and if you don't have to be concerned about losing much money if you happen to encounter a fraudulent scheme.
Licensed bookmakers
Payments with ecoPayz at casino
Making payments with ecoPayz at online casinos can actually look a little different, depending on which casino you play at, as well as how to use ecoPayz. Deposits and withdrawals are handled directly at the casinos that offer payments via the e-wallet. To get a better idea of how the actual payment process works with this service and what the payment process looks like with various online casinos, here's a run-through of the steps and details you need to know.
Deposits at an ecoPayz casino:
- Choose a casino from our top list above and click through to it.
- Register an account by verifying yourself with mobile BankID .
- Log in with your login details that you registered at the casino.
- Click on’ deposit ' and choose ecoPayz among the options of payment methods.
- Enter the amount and confirm your deposit in the ecoPayz app.
Conversely, if you have located an online casino that accepts MasterCard and card payment casinos, and you opt to play at one of these, the procedure is the same. The only distinguishing factor is that you select MasterCard as your payment method and input the details of your ecoCard.
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Withdrawals with ecoPayz are also possible and are accomplished in a similar manner to deposits. The most important prerequisite for being able to withdraw with ecoPayz is that you must have made your last deposit using ecoPayz.
EcoPayz casino withdrawal process:
- Go to the withdrawal page and the casino
- Enter the method and amount you want to withdraw.
- Enter your details if they are not already filled in
- Then verify the withdrawal with your ecoPayz app
Did you make your first deposit using a different method?
When using ecoCard to make your deposit, you must select card payments as the method by which to withdraw your funds, and your ecoCard is the account to which those funds must be sent. There are no alternative methods for withdrawing your funds if you made your deposit with ecoCard.
Times and fees
Usually, transactions with ecoPayz happen instantaneously, and in fact, you can get casino withdrawals almost instantly too. However, this is when the casino itself allows for virtually instant withdrawals. Site by site, there's a good lag between virtually instant withdrawals and actual approved instant withdrawals, a lag that can go to as high as 72 hours at some sites. No one wants to play at a site that withholds funds, so it seems better to recommend ecoPayz to use with sites that you can just trust more on a withdrawal level. Keep in mind that can happen without the casino charging you any extra fees and note some of the benefits of using ecoPayz as you please.
EcoPayz at New Zealand casinos
Over many years, payment method ecoPayz has become rather well-known in online casinos of New Zealand. For now and in a future we can easily see, casinos online in New Zealand are moving toward offering only one or a few methods of payment. Unfortunately, ecoPayz usually isn’t one of the methods offered to players in online casinos that use such a model. To find a paying casino that still offers payment method ecoPayz, you usually need to look for a traditional registration casino (not a Pay n Play casino, which is an even more modern kind of online casino).
You can play at a casino with money from your e-wallet at ecoPayz, but only at casinos that accept card payments, thanks to ecoCard.
Best New Zealand casinos with ecoPayz:
Judgment
EcoPayz is one of the older e-wallets at online casinos today. We generally find it a convenient solution for those who wish to manage their payments in a simpler manner since all access to the payment method is via mobile, or for those who just want a separate account for specific spending. But we are less fond of the transaction fees that may apply depending on the type of membership you have with ecoPayz, or the type of transfer you make. If you want to avoid these fees, we suggest using another e-wallet. Revolut is a good option and not only offers a complete e-wallet service, but also app access to everything, and without the extra fees that are deducted in various payments.
We want to emphasize, as always, when handling real money at online casinos, that the most important thing is for you, the one making the payments, to feel confident in your payment method choice. If you're new to EcoPayz or are considering the method for deposits and withdrawals at the casino, we do not dissuade you from the method. But we think there are many better choices for casino payment methods than this particular one.
EcoPayz casino payment options
Holding a mobile BankID will give you access to even more options for playing at the casino. You can choose from many online casinos that offer payment methods other than EcoPayz. Today, most casinos offer direct BankID withdrawals. You can make both deposits and withdrawals with this method, and it works additionally with several other free methods. The most common alternative to EcoPayz casinos is to play at casinos that use Trustly.
- Trustly
- Swish
- British
- ApplePay casino
- Skrill
- Neteller
- PayPal