There was a time when online casinos only accepted wire transfers, credit cards and debit cards. As a gambler you were incredibly limited, to say the least. Thankfully those days are now long day and modern casinos accept all kinds of instant transfer options, web wallets and more.
One such option is ecoPayz. But just what is ecoPayz, how can you use it and what are the best online casinos accepting this payment method in Canada today?
What is ecoPayz?
ecoPayz is a fully regulated online payment solution that works in a similar way to PayPal, Skrill, and other web wallets. It is regulated by the UK Financial Conduct Authority and works with a host of other governing bodies to ensure complete security.
You can signup for an ecoAccount to make payments all over the world, and you can also use the ecoPayz service to transfer money into and out of many online casinos.
How to Use ecoPayz
To make a payment with ecoPayz you first need an ecoAccount, which you can get for free on their main website. You then need to make sure that you have funds in this account, which you can do via one of three options:
- Credit or Debit Card
- Local Deposits
- International Bank Transfer
Once you have money in your account you simply need to visit your chosen online casino, select “ecoPayz” from the available options, and then choose the amount that you wish to transfer. That’s it—it’s as simple and as straightforward as using any other online payment method.
It means you only ever have to enter your sensitive financial information into your ecoPayz account, before using this account to deposit on as many online casinos as you want. Those casinos will never see that sensitive data and there is no risk of this data falling into the wrong hands.
Upgrading to a Silver Account
If we continue the PayPal comparison, then the ecoPayz Silver account is a lot like the PayPal verified account. It’s not essential, but if you want to get the most out of this service and ensure you don’t encounter any issues then you really need to upgrade.
Fortunately, this is free and can be done quite quickly. You just need to verify your identity by sending in proof of ID along with a utility bill. You should also make sure that you have a verified debit card and/or bank account, as you will need to withdraw money once you collect your winnings.
To verify a bank account you just need to go through the withdrawal process and then it will request that you withdraw $1 to $2. If your card is enrolled on the 3D Secure program then you will automatically be verified after the transaction has taken place. If not then you will need to check the details of the deposit on your statement and input these deals into the ecoPayz site.
If you look at TrustPilot and other user review sites you could be forgiven for thinking that ecoPayz was a very bad site with terrible customer service. They have an average rating of 4.8 at the time of writing, and while there are many good and neutral reviews, there are also many bad ones.
However, this is generally how customer review sites work, especially where payment options are concerned. They are forced to make some difficult decisions (restricting users, blocking them, initiating chargebacks) and while this is all above board and fair, it usually leaves a very angry customer or two. That customer then goes and laves a bad review, venting all of their anger.
9 out of 10 people will leave a bad review if they have had a bad experience, because it is one of the few ways that they feel they can get back at the company. But fewer will leave a good review when they have had a good experience. In fact, estimates suggest that it could be as few as 1 or 2 for every 1,000!
To understand where we’re coming from you only need to look at the review pages of other payment options on the same website:
- PayPal: Average Score = 1.1 (over 4,600 reviews)
- Skrill: Average Score = 1.3 (over 1,200 reviews)
- Neteller: Average Score = 1.3 (over 349 reviews)
- PaySafe Card: Average Score = 1.2 (over 219 reviews)
When you take all of that into consideration, ecoPayz begins to look like the cream of the crop.
ecoPayz and Online Gambling
ecoPayz is safe, secure, fast and used on thousands of websites. It is a great option for online gamblers. Of course, it is also very similar to both PayPal and Skrill, and you will have no doubt noticed some similarities between ecoPayz and these services, from the way you verify your account to the fees and pretty much everything else.
But PayPal and Skrill have a lot of flaws and they have been around long enough to annoy a lot of customers, leaving them in desperate need of an alternative. That’s where ecoPayz comes in. If you’re an online gambler who has grown tired of other web wallets, and you want something that is just as safe, secure and accessible, ecoPayz is a great option.
The Best Canadian Casinos Accepting ecoPayz
ecoPayz is a popular banking options on European casinos. You will find it on all of the biggest and best casinos regulated by authorities in the EU and the UK. These also happen to be the casinos that are played the most in Canada, which is why ecoPayz has grown so popular in this country.
To find the best ecoPayz casinos in Canada, simply take a look at our top lists and the graphic at the top of this page. These contain the very best casinos of the moment, chosen based on our strict review criteria and updated every week. By using this process we can keep you up-to-date with the latest and greatest online casinos, while immediately removing blacklisted casinos from our list.