Best EcoPayz betting sites

EcoPayz is a global wallet specializing in online gambling that allows you to deposit and withdraw money safely, quickly, and conveniently. Players value this payment mainly for the instant withdrawals and its more relaxed approach towards emerging markets and grey bookmakers. Established in the UK in 2000 and currently operating in 159 countries, it is one of the world's oldest e-wallets. The parent company, PSI-Pay Ltd, is regulated by the FCA and authorized by the British FSA (Financial Services Authority).

For making the most of your betting activity, we take a closer look at every aspect of ecoPayz like:

 ᐉ An updated (2021) list of betting sites accepting ecoPayz
 ᐉ The steps required to sign up for an ecoAccount and deposit to your favorite bookmaker
 ᐉ All the pros and cons of using ecoPayz for your betting ventures  

Best EcoPayz betting sites with Welcome Bonus

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

How to bet on ecoPayz gambling sites

Setting up an ecoAccount is a quick and straightforward procedure. Just follow the steps below and you will set up your account in no time.

1. Visit ecopayz.com and select the "Open a free account" option.
2. Fill out your data like your full name, address, and date of birth.
3. Click on "Create account.”

The procedure of depositing on ecoPayz bookmakers is considered rather easy. 

• Log in to your favorite bookmaker
• 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 funds, 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 withdrawal only by clicking the 'Confirm' button.

The processing time is usually 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 ecoCard is a plus that bettors should keep in mind too. 

Main features of an ecoPayz bookmaker

With an established presence in the betting industry, the number of ecoPayz bookmakers is increasing, giving you another method to fund your account. In some countries, however, you will have to resort to another payment option as ecoPayz is not available. These are the key reasons that will weigh the most on your decision, plus additional methods of fueling your betting account.

Why choose ecoPayz bookmakers

As ecoPayz bookmakers multiply rapidly, players can benefit from several perks that come with this payment method. Among the most important are confidentiality in payments, quick payouts and round the clock customer support.

✔ Under the radar account funding: Your sensitive data stays out of sight of third parties

✔ Instant deposits and withdrawals: Waiting times are low as a bank does not interfere in the payment process.

✔ Eligibility for Welcome Offers: Unlike Skrill or Neteller, depositing to an ecoPayz bookmaker does not exclude you from claiming a bonus

✔ VIP rewards for high rollers: A complete VIP program that rewards the most active players and gives exclusive perks like free money transfers and low currency conversion fees

✔ Global reach: Servicing 159 countries, the wallet has an impressive presence across the globe

✔ An abundance of available currencies: Deposit your money in 45 different currencies (Euro, US dollar, Canadian dollar, British pound, etc.)

✔ Variety of products: ecoCard, ecoVirtualcard, and ecoVoucher offer more payment options when depositing or withdrawing.

✔ 24/7 customer support available: Find answers to any questions you might have in various languages, anytime.

✔ Multi-Currency Account: You can hold a single account with multiple 'sub-accounts' in different currencies.

✔ Mobile App: A free and easy-to-use mobile app, gives you access to your ecoAccount on the go.

Why you should stay away from an ecoPayz bookmaker

If you take a closer look, you will realize that even ecoPayz has some drawbacks; since there is no such thing as 'the perfect payment method.' Extra charges and limits for cash payouts are the most significant ones:

❌ There are extra costs: Nevertheless they are not much higher than the standard fees of other established wallets, like Skrill or Neteller.

❌ Lower limits for ATM withdrawals: Compared to Skrill or Neteller, ecoPayz limits every cash withdrawal to 250€. Moreover, it charges every single transaction, while Skrill/Neteller applies a daily fee.

❌ Restricted in several countries and territories: If you want to play, for example, in the U.S., Nigeria, or Kenya or on some famous brands like Bet365, you can't use your ecoAccount, and you will have to turn to alternatives.

❌ Card products are available only in EEA countries: If you are out of the EEA, you aren't permitted to use ecoCard and ecoVirtualcard.

❌ ecoCard is not available for betting purposes: Have in mind that the ecoCard deposit option is excluded from most betting sites due to the higher fees the operators would be obliged to cover.

❌ Can't use other wallets to top up the Account: Your ecoAccount cannot be funded from other wallets like Skrill and Neteller or even fintechs like Transferwise and Revolut.

❌ Customer Support can be slow: The time required to connect to an agent and find a reply to your issue is quite long. Also, agents tend to rely a lot on canned messages.

ecoPayz may be a world-known wallet, but this doesn't mean that it's available in every market and on every bookmaker. For certain regions, if you want to stick to a wallet solution, you can go for Skrill or Neteller. For example, the absence of ecoPayz gambling sites from the US market is noticeable. Furthermore, if you are from Spain, Nigeria, Kenya, or Zimbabwe, you should forget about betting with ecoPayz 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. Also, it has lower exchange fees (2.99% contrary to 3.99%) than Skrill and Neteller.

Revolut and MuchBetter are also decent 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 wallet with significantly lower prices than ecoPayz, but it isn't widely popular among bookmakers. You can spot it mainly in the Netherlands, Canada, and Germany.

Betting with ecoPayz and more things to consider

There are several aspects that a serious bettor has to look into regarding betting with ecoPayz. More importantly, the fees levied on each transaction, the reward system for high stakes players and the availability of a prepaid card. Each one of them can give you a pleasant and comprehensive idea of whether that payment method suits your needs.

Fees for betting with ecoPayz

The majority of ecoPayz services come with a usage fee, but this is no different than any other 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 come with a 0.00-2.90% fee. Credit card deposits come with a 1.69-6.00% fee plus €0.25. Bank wire deposits have prices ranging from 0.00% 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.

Prohibited ecoPayz countries

At the moment ecoPayz operates in more than 150 countries. While this is an impressive reach, like any other payment method, it offers limited or no services to the following countries and territories:

Afghanistan, Albania, Algeria, Armenia, Angola, American Samoa, Azerbaijan, Belarus, Burkina, Burundi, Benin, Brunei, Bhutan, Botswana, Belarus, Central African Republic, Chad, Côte d'Ivoire, Cambodia, Cameroon, Congo, Cuba, Djibouti, Eritrea, Ethiopia, Micronesia, Gabon, Ghana, Gambia, Guatemala, Guinea-Bissau, Haiti, Iraq, Iran, Kenya, Kyrgyzstan, Kiribati, Korea, Kazakhstan, Lao People's Democratic Republic, Lebanon, Liberia, Lesotho, Libyan Arab Jamahiriya, Morocco, Madagascar, Mali, Myanmar, Malawi, Mozambique, Niger, Nigeria, Nauru, Niue, Palestinian Territory, Rwanda, Sudan, Sierra Leone, Singapore, Senegal, Somalia, Syrian Arab Republic, Swaziland, Togo, Tajikistan, Tokelau, Tunisia, Tanzania, Uganda, United States, Vietnam, Vanuatu, Yemen, Zambia, and Zimbabwe.

Every ecoAccount owner can apply for a free ecoCard. It links your balance to the prepaid Mastercard and can be used in online and physical stores and ATMs. The card is available in 3 different currencies (EUR, GBP, USD).

The ecoVirtualcard is an option for your one-off payment needs. It is issued instantly and expires after one use, so your funds and personal information is always safe. Being virtual means it cannot be stolen or lost. You can use it even for over the phone payments. Both cards are available only in the 31 EU / EEA states. 

For the loyal and active players, ecoPayz offers 4 VIP levels, each with different perks and benefits. 

• Silver level -> Simply verify your identity
• Gold level -> Transfer to merchants a total of 25,000 Euro or more
• Platinum level -> Transfer to merchants a total of 50,000 Euro or more
• VIP level -> Transfer to merchants a total of 250,000 Euro or more

It is important to note that Silver, Platinum, and VIP levels are available only in the 31 EU/EEA states.

No limits on deposits, multi-currency accounts, lower withdrawal and FX fees are among the top features of the VIP levels. More details can be found on the following table: 

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

Each time you log in to your ecoAccount, you will have to put a new 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 you login to your ecoAccount. 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.

Recently overhauled and redesigned the ecoPayz app allows you to carry your digital wallet on the move. Every feature of the desktop version is available on mobile, from deposits and money transfers to using your ecoCard.

With the application of ecoPayz, gambling is straightforward, even when you are away from home. Only a few screen taps and you are ready to deposit to your favorite bookmaker. The app is available for free on Android and iOS.

After all, is betting with Ecopayz any good? - by Book Spy

EcoPayz betting sites multiply rapidly and offer more and better services to players. Therefore, the wallet has become one of the best choices for high stakes bettors. Claiming a Welcome bonus is no longer an impossibility, should you deposit with your ecoAccount. Add to that, swift payments, round the clock customer support and confidentiality in your activities.

Still, ecoPayz lacks widespread acceptance in bookies, as it is considered to be a relatively new payment method. Major betting sites like bet365 and Paddy Power have restricted it. Also, the inability to fund your ecoAccount with other wallets can be substantial. As with other wallets, charges and fees are present here as well and can be costly in large payments.

In closing, ecoPayz is a reliable wallet with rapid payments, but the absence of broad availability and fueling your Account from other wallets is critical for professional bettors. 

Complete list of bookmakers with Ecopayz