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What is ecoPayz?
ecoPayz is an e-wallet - essentially an online bank account that lets you send, spend, and receive money much like a regular bank account. The difference is account opening takes minutes, there are no intrusive checks, and it’s a great way to keep your spending separate from your other accounts.
It’s backed up by bank-level security and protection, and there’s no need to have a separate card to make payments. Although if you want a card, ecoPayz issues Mastercards.
Unlike some e-wallet providers, ecoPayz doesn’t require you to have another bank account or ask you to share details of it if you do. The platform allows you to fund your ecoPayz account in multiple ways - even cash over the counter at selected banks.
ecoPayz also lets you hold multiple currencies in your wallet which is very useful if you are playing at an international casino open to Canadian players that don’t have Canadian dollars as a currency option. Easily and cheaply exchange currencies and play everywhere!
E-wallets are popular because they are very quick and ecoPayz is no different. Payments are instant and you can receive winnings from casinos instantly too (assuming you choose a casino with fast withdrawals). Either way, they are far quicker than traditional bank transfers which can take up to 10 days!
Do note, though, that funding your ecoPayz account can incur fees. For example, funding it from a bank account charges a fee, as does using a credit card. These fees are low, but it’s something to consider.
Where can I use ecoPayz?
A growing number of the best casinos in Canada accept ecoPayz for making deposits and receiving withdrawals. These are both free, so you won’t get stung with fees that can often apply to bank transfers.
The easiest way to find which casinos offer ecoPayz is to click through the links on this page and check out the payment methods pages that pretty much all casinos offer. You should see ecoPayz listed at many of them.
But beware, at some casinos the full range of deposit and withdrawals options isn’t revealed until you are signed up and go to the cashier. The online casino world moves fast with new payment methods added and dropped all the time depending on how popular they are and also as a result of licensing changes.
Can I withdraw at online casinos with ecoPayz?
Yes. Most casinos have a simple payment policy that means withdrawals must go back to the original deposit method. So if you deposit with ecoPayz, then normally all withdrawals would be processed back to your ecoPayz account.
E-wallets offer instant payments, but unfortunately that made them attractive to fraudsters. Often dishonest players who tried to trick casinos would ask for withdrawals to e-wallets as they would be processed instantly and hopefully before the suspicious activity was discovered.
Because of this, many casinos now don’t process e-wallet withdrawals to brands like ecoPayz straightaway. Usually, it takes 24 hours, but sometimes up to three days to get your cash.
Is ecoPayz safe for casino gambling?
ecoPayz is very safe and there are no reports of it suffering any data leaks, widespread customer fraud or suchlike.
It uses the same encryption services like online banking to protect your data and personal details and has numerous anti-fraud measures.
In many ways, ecoPayz is a better option to use at online casinos than credit or debit cards, for example. You are only sharing your ecoPayz information, rather than your debit or credit card numbers and details. This makes fraud even less likely.
Choosing the right ecoPayz casino
There are numerous online casinos in Canada that accept ecoPayz as one of their payment methods. How do you know which one is right for you?
Firstly, check the casino is 100% legitimate. To do this, look for a valid gambling license, which is always displayed in either the homepage footer or on the ‘About Us’ page of the casino.
Secondly, look for obvious red flags. For example, are their T&Cs misleading or badly written? If the English writing is very poor it could be a warning too. Google whether the company has a bad history or there are lots of negative reviews.
The simplest way to find the best ecoPayz casinos in Canada is to follow the links we have here. These casinos have been thoroughly checked and approved by our squad of industry experts, and many of them offer ecoPayz as a deposit method.
You can use ecoPayz across a wide range of currencies, including CAD, USD, GBP, EUR and AUD. This lets you make ecoPayz deposits from Canada to casinos registered abroad that don’t offer CAD as a currency option. Many Euroepan casinos, for example, will offer US dollar or EUR, but not CAD.
ecoPayz is available in Canada to use at online casinos, plus other online retailers, so you can use your ecoPayz account for other stuff too. You can make payments in CAD, so there’s no need to transfer your funds between various currencies.
You don’t need an ecoPayz account to play online casino in Canada. But it offers a simple, intuitive wallet that makes for simple payments and withdrawals to casinos. ecoPayz also offers privacy and is very useful for those who want to keep their casino spending separate from their other day-to-day expenses.