EcoPayz

Description

EcoPayz is a large electronic payment system founded in 2000. The company's office is located in London. This payment system is intended for both individuals and legal entities.

Since 2009, the e-wallet has begun cooperating with MasterCard which allowed ecoPay to issue PrePaid debit cards.

Recently, virtual cards, applications and eco-vouchers have appeared.

Registration at ecoPayz

When passing registration process in the system, customers need to enter a username, e-mail and unique and reliable password. Then, fill in all necessary fields and specify truthful personal data. To log in the system, you are required to confirm e-mail in the settings of your profile.

Deposit and withdrawal

EcoPayz offers a wide range of deposit options including Visa, ecoVoucher, PoLipayments, GiroPay, InstantTransfer, PaysafeCard, PayU, iDeal, iDebit, Yandex.Pay Union, Multibanco, Tencent, Alternative Payments, Neosurf, Klarna etc.

You can request funds for withdrawal at any time in the "Withdrawal" section. Requests are usually processed within 3-5 days.

Fees

Bank account - 0-7%.

Credit cards - 1.69% -6% + €0.25.

If you make a deposit via Trustly, the commission is €0.1 + 3% but not less than €2.

Entercash - €2.75.

Giropay or Sofortüberweisung - 1.5%.

Sofortüberweisung is only available for accounts with Gold level. Commission for deposits made via fast bank transfer is 2%.

Payments can be made only after account verification, so that they are available at least for Silver level. Transaction fees range from €5.90 to €10. EcoPayz users can also make transfers between each other if only they have at least Silver status. Those users who was inactive for 12 months will be charged a €1.50 fee per month.

Transfers to your relatives will cost you 1.5% (minimum €0.5), the recipient won’t be charged any fees.

VIP program

EcoPayz provides its customers with four account levels.

Immediately after creating an account at ecoPayz, users have a classic level without special status. However, clients can upgrade their statuses to Silver, Gold, Platinum or VIP. To achieve a Silver level, you only need to pass verification.

Verification at ecoPayz payment system is made in two steps.

At the first stage you need to provide the following documents to choose from:

• An internal passport with the image of the main U-turn with a photography.
• A driver’s license scanned from both sides.
• ID card scanned from both sides.

At the 2nd stage, you need to verify the address at ecoPayz by providing one of the following documents:

• Utility bill with name and surname, as well as the address that must be indicated at registration page.
• Bank statement with the specified address, name, seal of the bank and the signature of the bank employee.
• Another document confirming your address of residence.

Other levels will be availiable after fulfilling particular conditions.

Benefits of registering with us

After you register account using our link, you will receive instant EcoPayz VIP GOLD status which

includes:

• No transaction fees;
• Multiple currency account;
• Free MasterCard (only for SEPA countries);
• Loyal VIP requirements;
• Withdrawal limits have been increased (€1,200,000 per month, with standard €175,000).
• Loyal requirements for obtaining the maximum VIP level: a turnover of €10,000 (by default, it is €250,000).

Requirements:

• EcoPayz account must be verified before it can be upgraded to a new level;
• VIP status is available only to those who register via our link;
• The upgrading of the status takes from 8 to 72 hours.

Safety

Being a reliable certified financial system with a brilliant reputation, ecoPayz operates according to the standards with the highest security level. Morei=over, ecoPayz executives declare that data protection is very important for them, and all sensitive information of their clients is never disclosed to third parties. The site uses the latest SSL encrypting protocol to make data transfer absolutely safe. Of course, 2FA is available to users.

Pros and Cons

Once upon a time, ecoPayz was considered as an alternative to Skrill/Neteller payment systems. However, ecoPayz has failed to become an alternative method despite all the minuses of the two wallets mentioned above. EcoPayz is undoubtedly engaged in its niche. It is mainly used in the gambling sphere but it still hasn’t been able to become a full-fledged “third force”.

Pros:

• Loyal conditions for the VIP program.
• Relatively friendly attitude to gambling.
• Lower fees compared to Skrill/Neteller.

Cons:

• The only and main disadvantage of ecoPayz is that it hasn’t become a full-fledged alternative for Skrill/Neteller.