ecoPayz Betting Sites
ecoPayz and ecoCard may just look like yet another eWallet but in fact this is one of the oldest digital wallet services around and offers a great alternative to Skrill, Neteller (both owned by the PaySafe Group) and PayPal. While they still represent the most popular e-wallet method to fund betting accounts in the UK previous abuses has resulted in many bookmakers withholding introductory and regular offers for customers who fund their accounts this way. This is not the case with ecoPayz.
ecoPayz is now accepted with several UK bookies and if you use the ecoVirutalCard, a MasterCard attached to your ecoPayz account you can actually fund any betting account that accepts MasterCard.
Online Bookmakers That Accept ecoPayz Payments
Eco are one of the oldest operators in this industry having been around since the turn of the millennium in 2000 and are operated and based in Britain. The company have offices in Horsham in Sussex (UK) and are owned by PSI-Play LTD who are based at the same location in the UK and in Riga (Latvia). ecoPayz is the brand name of PSI-Play, ecoPayz itself is a rebranding from the original name ecoCard.
The company have been responsible for a number of firsts in the industry. They were the first digital wallet to launch an iPhone app back in 2009 and in the same year became the first eWallet able to issue their own MasterCard.
ecoPayz have 24/7 support in a range of languages and have established themselves as a truly global payment method available in around 160 countries. The company support 45 different currencies.
To reflect the more diverse services offered by the provider the company rebranded in 2013 to ecoPayz. The company now provide a range of features including the original pre-paid EcoCard, ecoPayz eWallet, ecoVirtualCard, business accounts, merchant accounts and more.
If you have been betting for a while you might be thinking why haven't I heard much about ecoPayz as a payment method before now? This is mainly because companies such as Skrill set up to directly target the gambling market whereas ecoPayz are a more universal eWallet. It may have taken them longer to become a recognised payment method for funding betting accounts but this has given them time to learn from Skrill's mistakes allowing them to provide a better all-around package for the punter.
The use of an ecoPayz eWallet or ecoCard is a perfectly legitimate means to fund any online bookmaker account. The principle works in exactly the same way as PayPal and others. Simply load funds to your eco account or card and use this to deposit and withdraw funds to and from your betting wallet.
There a couple of major benefits to betting with a digital account. If you use this account for betting only it offers a great means to keep track of your wagers winnings and loses. Often when withdrawing to a conventional bank account any winnings get swallowed up in your day to day banking which makes keeping track difficult.
Digital eWallets are also a great option if you want to use multiple funding sources but don't want to have to enter multiple banking details over and over with merchants. If you have a bank account from a country where gambling is illegal but you are in a country where gambling is legal and you want to use that bank account then using ecoPayz is an option. First place funds in your eco account and then use this to fund your bookie account.
Of course you can also use your ecoPayz account as a payment method with a huge range of non-gambling related merchants around the world too.
ecoPayz Sign Up Bonus and Free Bets
This is the single biggest advantage of ecoPayz over their rivals. Skrill, paySafeCard and Neteller (now owned by the same company, the PaySafe Group) dominate the digital eWallet market when it comes to gambling however many online bookmakers refuse to provide introductory deals when you deposit this way. This is mainly due to Skrill and Neteller accounts being used fraudulently for bonus and free bet abuse over the years.
You can possess an unverified account with Skrill and Neteller that in the past has allowed some unscrupulous characters to set up several parallel accounts to fund betting sites and taking new customer offers several times over. This has lead to many bookmakers now cancelling sign up bonus offers if you use Skrill and Neteller as your funding mechanism. Some betting sites will not even let you take regular offers up if you fund this way.
This is not a problem with ecoPayz, all betting sites that we list that accept this as a banking method will award you the full introductory bonus as well as any subsequent existing customer promotions. By using the ecoVirtual card (a MasterCard associated with your ecoPayz) account you can in fact open an account with any of our recommended betting sites.
How to Bet Using ecoPayz
Registering for an account is actually much easier than registering for a physical bank account. You can register for an ecoPayz eWallet by clicking the link on this page and this will take you to the registration page. You will need to verify who you are and where you live. This means giving your name, address and a payment method associated with both of these (usually a standard bank account, credit, debit card, bank transfer, etc.). You will need further ID for proof of identity and address (bank statement and photo ID will suffice).
Once your account is set up you will be given an account ID. All you need to is this and the email address associated with your ecoPayz account to add funds to a betting site. If the betting site does not accept funds directly from an ecoPazy digital account you can use the linked ecoVirtualCard (powered by MasterCard) to fund any online account that accepts MasterCard.
This is both easy and simple. If you have accounts with several bookies like me and you like to shop around for the best odds and promotions then using an eWallet like ecoPayz is one of the easiest ways to do it. This is not just for keeping track of winnings and loses from multiple sources but it also means each time your bank card expires you only need to change it with ecoPayz. Finally if you don't want any betting transactions showing up on your account this is a great way to avoid that.
Deposit and withdraw from the account using a huge range of methods detailed on their website. Many methods are fee free, see the fees section below for more.
The account is tiered from classic to VIP. All are free to register and each tier provides different benefits from number of payment cards that can be associated wih the account to maximum balances.
Alternative to Skrill, Neteller and PayPal
With the industry now dominated by two giants in the PaySafe Group, owners of Skrill, Neteller and PaySafeCard and Payal it can be hard to find a good alternative. EcoPayz offers the best and easiest alternative option. Signing up is free, the system is regulated and secure and ultimately private. On the bookie side of things, they are more trusting of ecoPayz too which is better for both the user and the operator.
EcoCard and EcoVirtualCard
The ecoCard actually predates the digital wallet account and works in a similar way to PaySafeCard. You can use your ecoCard as a prepaid payment system in up to 45 currencies allowing you to receive the benefits of paying on card without the risk of giving your details out.
The ecoVirtualCard is simply a card linked to your ecoPayz account and works through the MasterCard system. This allows you to pay for anything you want directly from your eWallet as long as they accept MasterCard (which every bookie on this site does). This means you can use ecoPayz to sign up with all of our recommended betting sites in addition to those that accept ecoPayz payment directly (see table at the top of this page).
Countries Where ecoPayz Can Be Used For Gambling
ecoPayz and associated products can be used to pay for goods in 45 currencies in over 160 countries. If however gambling is illegal in that country you cannot use your ecoPayz account (or any funding method for that matter) to pay into a bookmaker account. This will apply even if you are using an ecoPayz account to fund a UK bookie but from a country (such as USA) where gambling is illegal.
As long as gambling is legal in the country from which you are attempting to fund your betting site then you can use ecoPayz.
Eco have been regulated by the FCA since 2008 and therefore represent one of the safest payment methods you can use. In fact, eWallets in general are more secure than using typical bank cards as you do not need to enter your card or bank details with multiple operators. Even if your eWallet ID was stolen then only the funds held in your account would be at risk too. ecoPayz also keeps 100% of its deposits meaning, unlike a bank, your money is safe should anything happen to the company.
In addition to the general security eWallets provide ecoPayz also offer a sophisticated, award winning, fraud detection engine developed by PSI-Play in house. They also use third party brokers to verify account user ID's and have a full team dedicated to looking after your funds. This is a major reason why bookies trust ecoPayz more than Skrill/Neteller and why you an still claim welcome bonuses.
Like all eWallets there are fees applicable for certain payment methods and certain transactions. The fees charged by ecoPayz are at least comparable to other eWallet operators including withdrawal fees and currency conversions fees. This is a trade off in general for using eWallets over normal bank accounts. If you use these accounts regularly however the added ease of use and other benefits can easily outweigh any fees. See below for fee structure and limits or click here to visit ecoPayz for more.
EcoVirtualCard has no additional fees beyond the normal ecoPayz fees described above. You will however need to pay a one off £1.50 activation fee with 4% fee for cash withdrawals (£0.80 minimum charge). EcoCard has a separate fee structure: