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BOOKMAKER OF THE MONTH

Best EcoPayz Betting Sites in 2020

EcoPayz is a global e-wallet specialized in online gambling, that allows you to deposit and withdraw money at betting sites in a safe, fast and convenient way. Established in the UK in 2000 and currently operating in 159 countries, it is one of the oldest e-wallets in the world. EcoPayz’s parent company, PSI-Pay Ltd, is regulated by the FCA and authorized by the British FSA (Financial Services Authority). Players value this payment mainly for the instant withdrawals that it offers, but also for its more relaxed approach towards emerging markets and grey bookmakers.

Top ecoPayz bookmakers

Plenty of top bookmakers choose to partner with ecoPayz. However, in the following shortlist we gathered the ones that truly stand out; as they tick all the important boxes, like fast withdrawals, high limits and slim to none fees. Feel free to check our recommended bookies.

22bet
7.8/10
7.8/10

Players Rating: (9 Rates) 6.9

8.3/10

Players Rating: (12 Rates) 6.4

22bet
7.8/10
7.8/10

Players Rating: (9 Rates) 6.9

8.3/10

Players Rating: (12 Rates) 6.4

Why choose ecoPayz for betting?

advantagesAs we briefly mentioned above, betting with ecoPayz comes with some very competitive advantages that cannot be overlooked. Therefore, we decided to present you with the most important ones:

  • Secure account funding, without revealing sensitive data to third parties.
  • Instant deposits and withdrawals - waiting times are low.
  • Unlike Skrill or Neteller, using ecoPayz doesn’t exclude you from claiming a bonus.
  • EcoPayz has an impressive reach across the globe, servicing 159 countries.
  • Deposit your money in 45 different currencies (Euro, US dollar, Canadian dollar, British pound etc.).
  • Use ecoPayz products (ecoCard, ecoVirtualcard, ecoVoucher) for more payment options when depositing or withdrawing.
  • 24/7 customer support available in various languages.
  • Multicurrency Account: EcoPayz allows you a single account with multiple ‘sub-accounts' in different currencies.

What disadvantages does it have?

disadvantagesIf you take a closer look, then you will realize that even ecoPayz has some drawbacks; since there is no such thing as 'the perfect payment method'. The following are the most significant ones:

  • There are extra costs;  but they aren’t much higher than the common fees of other established e-wallets, like Skrill or Neteller.
  • EcoPayz has lower limits for ATM withdrawals (250€ for single transaction) than Skrill or Neteller. Moreover, it charges every single transaction, while Skrill/Neteller apply a daily fee.
  • EcoPayz isn’t available on certain markets and brands. If you want to play for example in the U.S., Spain, Nigeria or Kenya or on some famous brands like Bet365, you can’t use ecoPayz and you will have to turn to alternatives.
  • If you are out of the EEA you aren’t permitted to use its card products, ecoCard and ecoVirtualcard.
  • Have in mind that ecoPayz has excluded the ecoMastercard deposit option from most betting sites due to the higher fees that the company would be obliged to cover.

My betting site doesn’t offer ecoPayz. Any alternatives?

EcoPayz may be a world-known e-wallet but this doesn’t mean that it’s available in every market and 0n every bookmaker. For certain regions, if you want to stick to an e-wallet solution, you can go for Skrill or Neteller. For example, the absence of ecoPayz from the US market is noticeable. Furthermore, if you are from Spain, Nigeria, Kenya or Zimbabwe you should forget about playing at an ecoPayz bookie and search for alternatives like credit cards, bank transfers or local payments.

Compared to Skrill and Neteller, ecoPayz requires lower cash-ins before you can upgrade. Processing times are kind of the same among them; however in terms of fees, Skrill and Neteller charge bank deposits with a 1-2.5% fee, while with ecoPayz depositing is free. In addition, ecoPayz has lower exchange fees (2.99% contrary to 3.99%) than Skrill and Neteller.

Revolut and MuchBetter are also decent e-wallet alternatives. With Revolut you can be sure that all the exchange fees are dropped and you can withdraw your money by card, without extra costs from any bank. MuchBetter is a gambling-specific e-wallet that has significantly lower fees than ecoPayz, but it isn’t widely popular among bookmakers. You can spot it mainly in the Netherlands, Canada and Germany.

Creating & funding your EcoAccount

how toSetting up an account with ecoPayz is an easy procedure. You just need to visit www.ecopayz.com and select the ‘Open an account’ option. Provide the service with your personal data (name, e-mail, birthday, mobile phone, address and country) and you will be ready to complete your ecoPayz login in seconds.

The payment gives you an array of options to top up your ecoAccount, either by using the company’s products like ecoVoucher (a 18-digit PIN redeemed online), or by verifying your credit card; so that you can add it as an accepted ecoPayz deposit method. EcoPayz is partnering with Neosurf; thus, if this payment method is available in your country, you may fund your account by using Neosurf vouchers.

An alternative way of topping up an ecoAccount, is by sending and receiving money from other private accounts; which can be proved useful for players that exchange funds between them. A maximum single transfer can be up to €1,500 if you are a Silver level ecoAccount holder.

The necessity of upgrading your EcoAccount

EcoPayz, like most e-wallets, offers different levels of services. By upgrading to a Silver level ecoAccount holder, you will be able to unlock basic privileges, such as making bank withdrawals, sending and receiving money and ordering an ecoCard. The good news is that the upgrade is free. Head to “My account” tab and select “Upgrade for free”. The e-wallet will ask you to set a security question and to verify your email and ID. Even at the Silver level though, you may face inconvenience when depositing to your ecoAccount if you are a high roller; because the maximum single deposit is set at €1,000 and the maximum daily deposit is set at €3,000 (Silver level). The higher the level, the higher the deposit and withdrawal limits and, most importantly, the lower the fees.

How to deposit and withdraw on an ecoPayz bookie

The procedure of depositing on a bookie by using ecoPayz is considered rather easy. In most bookmakers, you will click on the ‘Deposit’ tab of the main page, select ecoPayz and login to your ecoAccount. After providing the necessary credentials, you can confirm the transaction and the money will be almost instantly in your betting account.

For withdrawing money the procedure is just as easy, if not easier. Just select the ‘Withdraw funds’ option on your profile, type in the amount of money that you would like to cash out and choose ecoPayz. Complete your ecoPayz withdrawal simply by clicking the ‘Confirm’ button.

The processing time is up to the bookmaker. The most common waiting time is 1-3 days of issuing your withdrawal request. Once they have approved it, the funds will be transferred to your ecoAccount instantly. Withdrawals to your bank account will operate seamlessly and you don’t have to worry about any limits. The withdrawal option of the prepaid ecoPayz Mastercard is definitely a plus that bettors should keep in mind too.

What are the ecoPayz fees I should check?

Unfortunately, the majority of ecoPayz services come with a usage fee, but this is no different than any established e-wallet. Sending to and receiving money from a merchant is free. However, there are extra costs for depositing to your ecoAccount by ecoVoucher, credit card or bank wire; as well as for withdrawing to your bank account. More specifically, ecoVoucher deposits are charged with 0.00-2.90%. Credit card deposits come with a 1.69-6.00% fee plus €0.25. Bank wire deposits have fees ranging from 0.00% up to 8.50%, regardless of your ecoAccount level. As for withdrawals to your bank account, they come with a €5.90-€10.00 fee, unless you have managed to unlock the VIP level; in this case you will be charged with 2.90-7.00€ for each withdrawal you make.

Security: 2-way authentication guarantees high rollers money

securityEcopayz considers every member's security as its top priority. Every time you use the ecoAccount, your personal and financial details are guaranteed to remain private. Apart from the typical security layers (SSL protocol, anti-fraud policies, KYC strategy), ecoPayz also features the 2-factor authentication, a high-profile security precaution.

Each time you login to your ecoAccount you will have to put an extra security password. The password is sent either by SMS to your phone or by scanning a QR code that will appear on the screen after your ecoPayz login. For the latter, you need to download the “Google Authenticator App” and scan the QR code so you can receive the digits. Two-factor authentication is a measure that can relieve any high roller out there who is nervous about his money security.

EcoPayz & online betting - Our verdict

EcoPayz has demonstrated major technological development recently by improving its site’s interface and app functionalities. The company has fully taken advantage of the market gap that was created by the merger between Skrill and Neteller; that led their parent company, Paysafe Group, to withdraw from many markets that have yet to be regulated, like Turkey, Ukraine and up until recently France and Poland. EcoPayz has filled the Skrill/Neteller hole in the Canadian market as well. If your profile as a player leans more to grey markets, then ecoPayz is the ideal solution for you. What we expect though is that, sooner or later, the industry conditions will become tougher, as the grey markets have started becoming regulated one after the other. We can tell that ecoPayz will have to “answer to the regulations” with more player-friendly policies; like increasing withdrawal limits, boosting its customer support department and entering more mainstream bookmakers that have kept their distance with “Eco” for way too long.

Full list of EcoPayz betting sites

Bookmakers Why to Bet Why to Bet Bookmakers Rating    
22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1. 1.000+ live events daily
  • 2. 95% payout on top leagues
  • 3. Cashout
22bet
Review Bet Now
1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • 1. 1.000 live matches daily
  • 2. Asian Handicap
  • 3. 50+ sports
1xBet
Review Bet Now
888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • 1. 10.000 live events per month
  • 2. 40+ sports
  • 3. Bet Builder
888sport
Review Bet Now
Betwinner
  • 1000+ pre-match events daily
  • 98%+ on tennis
  • Horse racing available
  • 1. 1000+ pre-match events daily
  • 2. 98%+ on tennis
  • 3. Horse racing available
Betwinner
Review Bet Now
Mr Play Sports
  • 10.000 pre-match events per month
  • 35+ sports
  • 140+ extra bets
  • 1. 10.000 pre-match events per month
  • 2. 35+ sports
  • 3. 140+ extra bets
Mr Play Sports
Review Bet Now
Librabet
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
  • 1. High odds on football
  • 2. Huge variety of betting markets
  • 3. Intriguing welcome bonus
Librabet
Review Bet Now
Bwin
  • 50+ sports
  • Cards & Corners
  • Edit my bet
  • 1. 50+ sports
  • 2. Cards & Corners
  • 3. Edit my bet
Bwin
Review Bet Now
Campobet
  • High odds
  • Great for football punters
  • Huge variety of betting selections
  • 1. High odds
  • 2. Great for football punters
  • 3. Huge variety of betting selections
Campobet
Review Bet Now
Sportempire
  • 97%+ on NBA
  • 97%+ on Asian Bets & totals
  • Footy leagues from 65+ countries
  • 1. 97%+ on NBA
  • 2. 97%+ on Asian Bets & totals
  • 3. Footy leagues from 65+ countries
Sportempire
Review Bet Now
Melbet
  • 200+ Live Events daily
  • 95%+ Payout on Live Betting
  • 160+ Alternative in-play bets
  • 1. 200+ Live Events daily
  • 2. 95%+ Payout on Live Betting
  • 3. 160+ Alternative in-play bets
Melbet
Review Bet Now
Bookmakers Why to Bet Why to Bet Bookmakers Rating    
22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1. 1.000+ live events daily
  • 2. 95% payout on top leagues
  • 3. Cashout
22bet
Review Bet Now
1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • 1. 1.000 live matches daily
  • 2. Asian Handicap
  • 3. 50+ sports
1xBet
Review Bet Now
888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • 1. 10.000 live events per month
  • 2. 40+ sports
  • 3. Bet Builder
888sport
Review Bet Now
Betwinner
  • 1000+ pre-match events daily
  • 98%+ on tennis
  • Horse racing available
  • 1. 1000+ pre-match events daily
  • 2. 98%+ on tennis
  • 3. Horse racing available
Betwinner
Review Bet Now
Mr Play Sports
  • 10.000 pre-match events per month
  • 35+ sports
  • 140+ extra bets
  • 1. 10.000 pre-match events per month
  • 2. 35+ sports
  • 3. 140+ extra bets
Mr Play Sports
Review Bet Now
Librabet
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
  • 1. High odds on football
  • 2. Huge variety of betting markets
  • 3. Intriguing welcome bonus
Librabet
Review Bet Now
Bwin
  • 50+ sports
  • Cards & Corners
  • Edit my bet
  • 1. 50+ sports
  • 2. Cards & Corners
  • 3. Edit my bet
Bwin
Review Bet Now
Campobet
  • High odds
  • Great for football punters
  • Huge variety of betting selections
  • 1. High odds
  • 2. Great for football punters
  • 3. Huge variety of betting selections
Campobet
Review Bet Now
Sportempire
  • 97%+ on NBA
  • 97%+ on Asian Bets & totals
  • Footy leagues from 65+ countries
  • 1. 97%+ on NBA
  • 2. 97%+ on Asian Bets & totals
  • 3. Footy leagues from 65+ countries
Sportempire
Review Bet Now
Melbet
  • 200+ Live Events daily
  • 95%+ Payout on Live Betting
  • 160+ Alternative in-play bets
  • 1. 200+ Live Events daily
  • 2. 95%+ Payout on Live Betting
  • 3. 160+ Alternative in-play bets
Melbet
Review Bet Now

FAQ
Q: Am I excluded from any bonus by using ecoPayz?

E-wallets are known for being excluded by some brands but this applies mostly to Skrill and Neteller. We can reassure you that you won’t face such a problem with ecoPayz.

Q: Should I upgrade my account to Silver level?

Definitely, as it is considered a necessary step. To upgrade your account you need to verify your identity. Without verification, ecoPayz bans you from using important services like withdrawing your winnings to your bank account.

Q: How do I cancel a deposit from my sportsbook account?

Deposits with ecoPayz are automated; once you have ordered one, it cannot be overturned. Therefore, there is absolutely no way to cancel a deposit.

Q: I made a deposit to my ecoAccount but the money doesn’t appear on the balance. What happened?

Keep in mind that if you deposited via wire transfer there is a processing time of 1-3 days issued by the bank, so be patient. If you don’t see the sum after this period, contact the customer support of ecoPayz.

Q: Has ecoPayz partnered with Bet365?

There is this ongoing rumor the last couple of years that Bet365 is going to add ecoPayz to its available payment methods but so far this hasn’t happened.

Q: Is there a mobile app available when using your smartphone?

Yes, there is a dedicated mobile app, available both in iOS and Android. The intuitive interface of the ecoPayz app allows you to complete your betting transactions fast and easy.

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