How to Use EcoPayz in Canada
EcoPayz is a widely used payment option, especially when it comes to online gambling and casino payments. Users can conveniently manage their funds in CAD and USD as well as in other currencies using the website or mobile app.
What is ecoPayz in Canada
EcoPayz is a secure online payment method. Many users use this e-wallet (link to:https://en.wikipedia.org/wiki/Digital_wallet) as a preferred casino payment choice because it allows instant deposits, fast withdrawal, and numerous additional possibilities like worldwide money transfers.
How to create an ecoPayz account
First-time users must create an account to start using the e-wallet and other company's services. After the registration, everyone gets a unique ecoPayz login and password to access the account anytime.
The procedure is simple and straightforward. At first, a user chooses a username and comes up with a password. Then it's time to select other details like country, currency, language, and email.
Basic Requirements
There are several requirements every user must meet to be eligible for an account at ecoPayz Canada. First of all, a user must be at least 18 years old. Secondly, a user must provide correct information and agree to the terms of use. Finally, a user must not be a resident of the country where the company doesn't provide the services.
Account and personal information
To create an account, a user must share some personal information. This list includes:
- Full name;
- The date of birth;
- Full home address;
- A phone number;
- The validation code.
After providing this information, a user must read and agree to the terms of use. Finally, there is an option to receive updates via email/SMS.
EcoPayz account verification
After registration, users must complete the verification process. It's easy and requires only a 2-Step verification procedure: send a request and provide a set of documents. As a rule, managers verify the account within one business day.
Fill In the Application Form
To begin the verification process, every user must fill out the dedicated form. The application form is very short and requires a user's name, email, ecoPayz ID code, and currency.
Provide Required documents
Verification also requires three documents. First of all, it's an ID. A user can choose to send a copy of a passport, a national ID, or a driving license. The second document is a proof of address. Here, one needs to provide a copy of a bank statement, utility bill, or residence certificate. Finally, a user must send a selfie with an ID. Hold your ID next to your face and make sure details are clear and legible.
How to get an ecoPayz card
The company offers two types of cards. Users can choose between ecoCard (Link to: https://www.ecopayz.com/en/help-support/ecocard) and ecoVirtualcard (link to: https://www.ecopayz.com/en/blog/2018/02/20/ecovirtualcard-guide-everything-you-need-to-know-about-our-virtual-prepaid-card). Let's take a quick look at both of them and see how they differ in this ecoPayz review.
Prepaid ecoCard
Users can order such cards from their account. Use your ecoPayz login and password to access the account. Go to the menu on the left and click on ecoCard. Send the request to receive the card and PIN. The main advantage of the card is that users can pay with it anywhere in the world where MasterCard is accepted (link to: https://www.mastercard.ca/en-ca/consumers/find-card-products/debit-cards/CanadianDebitAcceptingMerchants.html). Users also get low ATM fees.
EcoVirtualcard
The virtual card is available immediately after the request. However, one should remember that it's a one-time use card. The company introduced such a concept to help users pay for things without displaying any personal information.
How Does EcoPayz Work in Canada
EcoPayz is a popular payment method in Canada. Users get access to multiple features. For instance, they may receive money, pay for goods and services online, send/receive international money transfers, etc.
If you are interested in Bitcoin, you'll be pleased to know that the company offers Bitcoin as a payment option, too. To make a Bitcoin deposit, learn about the procedure from the official website.
Receive money
Users can accept payments from anyone. It's an automated process. As soon as money gets to the user's account, a notification is sent as well.
International Money Transfers
Users can make international transactions starting from the Silver level with the help of ecoPayz MasterCard (link to: https://www.ecopayz.com/en/ecopayz-mastercard).
Online Payments
Every user can easily open an account within minutes, fund it with any suitable method, and spend as preferred. This payment method delivers the freedom to make secure online payments.
Deposit methods
A user can add funds using one of the following methods:
- Credit/debit cards;
- Local deposit options;
- International bank transfer.
EcoPayz Fees and Limits in 2020
After users learn what ecoPayz is, they get interested in fees. The fees and limits differ based on the account type. Let's review them in three separate groups: fees for deposits/withdrawals, fees for money transfers, and fees for online payments.
Deposit and withdrawals
EcoPayz withdrawal and deposit fees are:
| Classic | Silver | Gold | Platinum | VIP |
---|---|---|---|---|---|
Bank wire deposit | 0-10% | 0-7% | 0-7% | 0-7% | 0-7% |
Credit card deposit | 1.69-6% +0.39 CAD | 1.69-6% +0.39 CAD | 1.69-6% +0.39 CAD | 1.69-6% +0.39 CAD | 1.69-6% +0.39 CAD |
Bank withdrawal fee | - | 9.14 -15.50 CAD | 9.14 -15.50 CAD | 9.14 -15.50 CAD | 4.49-10.85 CAD |
Currency conversion | 2.99% | 2.99% | 1.49% | 1.49% | 1.25% |
Money Transfer
| Classic | Silver | Gold | Platinum | VIP |
---|---|---|---|---|---|
Bank transfer |
| 9.14-15.50 CAD* | 9.14-15.50 CAD* | 9.14-15.50 CAD* | 4.49-10.85 CAD* |
zestPay transfer |
| 1.00% (min 9.14 CAD) | 1.00% (min 9.14 CAD) | 1.00% (min 9.14 CAD) | 1.00% (min 4.49 CAD) |
Inter-accounts transfer (between own sub accounts) |
| FREE | FREE | FREE | FREE |
Transfer to another ecoAccount (sender pays) |
| 1.50% (min 0.77 CAD) | FREE | FREE | FREE |
Transfer to/from ecoPayz Merchant | FREE | FREE | FREE | FREE | FREE |
Transfer to another ecoAccount | |||||
Min single transaction |
| No limit | No limit | No limit | No limit |
Max single transaction |
| 2,324.44 CAD | 4,648.87 CAD | 5,423.68 CAD | 6,198.50 CAD |
Max weekly |
| 7,748.12 CAD | 15,496.24 CAD | 23,244.36 CAD | 38,740.60 CAD |
Max monthly |
| 15,496.24 CAD | 30,992.48 CAD | 46,488.72 CAD | 77,481.20 CAD |
Transfer from ecoPayz merchant | |||||
Min single transaction | No limit | No limit | No limit | No limit | No limit |
Max single transaction | 3,874.06 CAD | 1,549,624.08 CAD | 1,549,624.08 CAD | 1,549,624.08 CAD | 1,549,624.08 CAD |
Transfer to bank account | |||||
Min single transaction |
| 7.75 CAD | 7.75 CAD | 7.75 CAD | 7.75 CAD |
Max single transaction |
| 774,812.04 CAD | 774,812.04 CAD | 774,812.04 CAD | 774,812.04 CAD |
Max daily |
| 774,812.04 CAD | 774,812.04 CAD | 774,812.04 CAD | 774,812.04 CAD |
Max weekly |
| 1,549,624.08 CAD | 1,549,624.08 CAD | 1,549,624.08 CAD | 1,549,624.08 CAD |
Online Payment
In case you don't see the needed fees in this ecoPayz review, learn more about ecoPayz fees at the official website (link to: https://www.ecopayz.com/en/fees-limits/ecoaccount).
EcoPayz Business Account: Advantages of using
Using a business account allows businesses to pay salaries, commissions, other payments to companies and individuals instantly. The biggest advantage is that the company secures the quickest services. Moreover, it's the easiest way to send money globally.
Account Types
Type of account | Features |
---|---|
Master |
|
Expense |
|
Member |
|
Merchant Account
Business owners can open a merchant account and accept payments from clients worldwide. Using such a payment system merchants provide a secure and private payment solution.
Levels of ecoAccount at EcoPayz
Account level | The cumulative amount to quality | EcoPayz MasterCard | Characteristics |
---|---|---|---|
Classic | 0 | x | All users get it upon the initial registration. It has a lifetime limit of deposits. |
Silver | 0 | v | Users get to this level after verification. It allows to apply for ecoPayz MasterCard, withdraw funds to a personal bank account, and use increased limits. |
Gold | 25 000 EUR (or currency equivalent) | v | It comes with higher limits both within the account and ecoPayz MasterCard. The level allows free international money transfers. |
Platinum | 50 000 EUR (or currency equivalent) | v | The level delivers even higher limits, free international transfers. Besides, users get the exchange fees of 2.99% to all ecoPayz MasterCard transactions. |
VIP | 250 000 EUR (or currency equivalent) | v | It's the highest level that secures the biggest possible limits. |
What are the benefits of using eco Payz in Canada
Canadians use the company's services because it delivers numerous advantages, namely:
- Safe and secure;
- Convenient mobile app;
- Instant deposits;
- Bankroll management;
- Easily accessible services.
How to use EcoVoucher in Canada
The owners of EcoVouchers can pay for any goods or services by using the 18-digit code. One can use it to pay both online and offline as if it's cash. However, it's essential to verify the merchant accepts this payment method.
EcoPayz Affiliate Program - How it works
Working with a company can significantly increase your income. With the help of the ecoPayz affiliate program, users will earn a share of every purchase their affiliates make using ecoAccount.
Becoming an affiliate is easy, but it only works for the UK, EU, and EEA member states. Submit the application form, get it approved, and spend the earnings by using an ecoPayz Business MasterCard.
EcoPayz App
The company offers a dedicated app for Android (link to: https://play.google.com/store/apps/details?id=com.ecoPayz.appID&hl=en_US&gl=US) and iOS (link to: https://apps.apple.com/in/app/ecopayz/id842601292) users. To secure the best possible experience, developers have redesigned the account screen. It secures intuitive navigation and conveniently delivers account information. The app gathers all essential features.
Main features
All app users get access to the following features:
- Easy deposits;
- Quick fund transfers;
- Access to ecoCard;
- Worldwide transfers;
- Secure online payment.
Alternatives to EcoPayz in Canada
Online gamblers often look for a convenient payment solution that will satisfy all their needs. The industry is full of options, including PayPal, NETeller, WebMoney, and others. Let's compare ecoPayz Canada with the most popular alternatives.
EcoPayz vs PayPal
Payment method name | ecoPayz | PayPal |
Available accounts | 1 account | 2 accounts (1 personal + 1 businessaccount) |
Available current | 45 | 25 |
One time signup bonus | n/a | n/a |
Account management fees | free | free |
Account unused | Account maintenance after inactivity of 12 months; 1.50 EUR per month | free |
Exchange fees (FX) | n/a | 2.5% |
EcoPayz vs NETeller
Payment method name | ecoPayz | NETELLER | |
Available accounts | 1 account | 1 account (1:2:3:4:N/A different currency | accounts) |
Available currencies | 45 | 28 | |
One time signup bonus | n/a | n/a | |
Account management fees | free | free | |
Account unused | Account maintenance after inactivity of 12 months; 1.50 EUR per month | unused for 12 months: 5.00 USD (or equivalent) /month | |
Exchange fees (FX) | n/a | 23,99% (3.79%; 3,19%; 2,79; 2,39%; 1.29%) |
EcoPayz vs Skrill
Payment method name | ecoPayz | Skrill- Moneybookers |
Available accounts | 1 account | 1 account (1:2:3:4 different currency accounts) |
Available currencies | 45 | 41 |
One time signup bonus | n/a | 15 USD Signup Bonus |
Account management fees | free | free |
Account unused | Account maintenance after inactivity of 12 months; 1.50 EUR per month | unused for 12 months: 1 EUR/month |
Exchange fees (FX) | n/a | 3.99% (3.79%; 2.89%; 2.59%; 1.99%) |
- EcoPayz vs Entropay
- EcoPayz vs MuchBetter
- EcoPayz vs WebMoney
FAQ
Is ecoPayz available in Canada?
Yes, ecoPayz is available to Canadian users. They can manage their account in Canadian and US dollars.
How to create an ecoPayz account in Canada?
To create an account, a user must visit the official website and click on Sign Up. One may also find an Open a free account button that performs the same function.
Can I transfer from ecoPayz to PayPal?
There are no direct transfers. However, if a user’s bank account is linked to both ecoPayz and PayPal, it’s possible to withdraw from ecoPayz digital wallet to a bank account and then to PayPal.
How to close an ecoPayz account?
To deactivate an account, one must send an email to the support team and add the Subject “Request to delete my account”.
Does ecoPayz accept MasterCard?
Yes. Silver level holders and above can also order the ecoPayz MasterCard (only for EU and UK residents).
Is ecoPayz safe?
The website is a regulated financial service provider that meets the latest security standards, including fraud & data protection.
Who owns ecoPayz?
EcoPayz belongs to PSI-Pay Ltd.