Best Betting Sites with EcoPayz in Australia 2021

Online Bookmaker with EcoPayz

 

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When it comes to betting online, most want a service that is quick and secure. That’s where Ecopayz comes in. It is billed as one of the swiftest payment methods around, allowing its users to access and transfer money worldwide.

But how does it work when you cross an online bookmaker with Ecopayz? That’s what we’re here to find out. Will Ecopayz’ secure encryption withstand the rigor of testing?

Making a payment with EcoPayz - Step by step

Step 1: Opening an account

To open an account with Ecopayz you need to fill in the online registration form on the Ecopayz website. Registration is free of charge. The form itself should only take a minute or two to fill in. It needs your personal information and uses a CAPTCHA to ensure you’re not a robot.

Step 2: Verify

Once you’ve registered your account is open. You can upgrade your account to the silver account by verifying your identity using your card details. This takes a micro-deposit before returning it to you.

Step 3: Deposit

You can deposit using credit or debit card or via bank transfer. For card deposits you need to log in to your Ecopayz account and click the deposit button. Fill in the deposit form and the amount you’d like to deposit. That’s it. You’re done!

Average time of EcoPayz for deposits and payouts

Ecopayz allows payments using credit and debit cards and via bank transfer. Credit and debit card payments are by far the fastest of the two options, with the cash taking a few seconds to hit your Ecopayz account. Bank transfers can also be completed if you’ve verified your Ecopayz account using the process we mentioned above. These take between 3-5 business days to arrive in your Ecopayz account.

One of the things to note with Ecopayz is their fees for deposits. The value of the funds you send dictates the final fee. Bank wire deposits are charged at up to 10% of the final value, credit card deposits are 1.69%-6.00%. Be sure to also check your credit or debit card provider to make sure that they don’t charge fees. It would be a shame to be hit by card fees you weren’t expecting.

EcoPayz verification requirements

Verifying your account is required if you make a deposit using a credit or debit card. This card verification is provided by your card provider. For VISA, Verified by VISA is used. Mastercard uses Securecode.

A separate verification process is necessary if you would like to make a bank transfer. Ecopayz verification process requires you to send two items of ID, one of which must be photographic to upgrade your account to allow payments via bank transfer. Once verified for the first time your personal verification information will be held by Ecopayz for future transactions.

The history of EcoPayz: What methods have they developed to attract bookmakers with Ecopayz?

Ecopayz is an eWallet that was created in 2000 to rival Neteller and Skrill. It was originally known as EcoCard until its rebranding in 2013. While Neteller and Skrill are still much larger than Ecopayz, the business model of the eWallet is intriguing. The Ecopayz brand consists of five different products, the most common of which is ecoAccount. Other financial products include ecoCard, a prepaid mastercard that Ecopayz customers can use online, ecoVirtualCard and ecoPayz business account and ecoPayz merchant account.

The account operates in 46 different currencies in 173 countries throughout the world, with free alternative currency deposits available.

Ecopayz were in fact the first financial institution to utilise an iPhone app. They did this in 2009. One year later they launched a customer support service which operates around the clock in multiple languages. Their business account followed a year later.

A few years ago they introduced tighter security measures to suit their customers whichever device they use. This included the added benefits of two-step verification to compliment their SSL encryption and identification verification routines.  It is tight security measures like these that have tempted online bookmakers with Ecopayz facilities.

EcoPayz to other providers compared: Ecopayz and your deposits

One of the best things about Ecopayz is the option to apply for a prepaid mastercard. To get this you need to verify your identity, which upgrades you to the silver level of the Ecopayz account. A prepaid credit card is great for keeping tabs on your funds. Many use a prepaid credit card specifically for online betting. By using a prepaid credit card you can top up however much you want to spend on online gambling for the month and then use the credit card as your payment method. This allows you to closely monitor your betting budget, giving you an insight into your spending and the option of planning your wagers effectively. However, there are plenty of online bookmakers with Ecopayz directly available on their website. If you’re looking to deposit money into a betting site in Australia, Ecopayz offers two solutions to your problem. Which you choose is up to you.

If you’re a new user you may ask yourself which payment method you should use to wager. The best betting sites with Ecopayz in Australia know that it offers a safe and secure payment method that can be used throughout the world in multiple currencies. It is a legitimate financial tool with minimal fees. However, some would prefer a completely fee-free option. If that is you, then maybe paying with Bitcoin would be preferable? We have our own bitcoin website section which will help you get to grips with what the payment method entails. Visit our Best Betting Sites with Bitcoins guide for more information.

Another secure payment method is bank transfer. When using sports betting sites with Ecopayz, you can deposit using bank transfer if your Ecopayz account is verified and is level silver or above. Bank transfers are perhaps the most secure payment method of all thanks to the involvement of banking institutions. If you’re looking for an online bookmaker with bank transfer facilities, look no further than our bank transfer guide at Wetten.

EcoPayz FAQ - Everything you need to know about bookmakers with Ecopayz

Welcome to our Ecopayz FAQ where we’ll discuss how to wager with an online bookmaker with Ecopayz and let you know some of the pitfalls you’ll need to avoid when making a deposit online.

Q1. How do I determine the best betting sites with Ecopayz in Australia?

The term ‘best betting sites’ will likely mean something different for all of us. To us, the best betting sites with Ecopayz in Australia need to meet a series of guidelines. We’ll highlight these later on, but most of all the website has to be safe and offer good value for money. If it meets these two guidelines then it is worth further investigation in our book.

Q2. If I use Ecopayz as my preferred payment method will I be charged fees?

A great question. Ecopayz does not charge for card activation or for registering with them. However, fees are charged based on the transactions you make. If you make a deposit using a debit card, that’s usually free, but credit card deposits are charged a fee of between 1.69% and 6.00% with a 0.39 AUD fee on top. Bank transfers are also chargeable with anywhere from $4.48 to $15.44 charged depending on the size of the deposit and your account level.

Q3. Do I need to use the same deposit and withdrawal method?

This is usually the case with most bookmakers. Be sure to check the terms and conditions of your bookmaker of choice to see what their individual policy is.

Q4. I usually add my funds to an online bookmaker with Skrill. What makes Ecopayz a good    alternative?

Ecopayz, like Skrill, operates an eWallet service, allowing you to place deposits instantly and receive funds using the same payment method. It is the international support that makes them truly special, though. You can exchange your currency in the account for a low fee of 2.99%, making them one of the cheapest around.

Determining the Best Betting Sites with Ecopayz in Australia

In our search to find the best online bookmaker with Ecopayz we’ve checked out an awful lot of sites. We’ve visited the best and the worst so you don’t have to, and now we’re ready to impart our knowledge to you. So how do we determine the best betting sites with Ecopayz in Australia? It all comes down to a few things…

Security

Any online bookmaker worth their salt will go out of their way to ensure that their visitors and their personal information is safe and secure. The best betting sites for Ecopayz all have special measures in place when it comes to security. They may offer SSL or even TLS, it's more modern, hip cousin. Or perhaps they have a two-step login process to verify a user is who they say they are. Whatever their method of security, we need to feel safe when visiting. If a site doesn’t give us that impression, we move on to the next one (and you should too).

Reliability

What’s the use in an all-singing, all-dancing website if it keeps breaking down or is very inaccessible? Reliability is one of those intangible qualities that takes a website from good to great. All the best sports betting websites have the heavy lifting parts of their website running smoothly in the background so you can sit back and enjoy a great user experience.

Excellent sports choice

What use is a sports bookmaker without lots of sports choice? Some bookmakers offer just the basics when it comes to sports - soccer, Aussie rules, rugby and cricket. That’s all well and good, but what if you want to wager on the latest MMA fight or keep up to date with handball and want to wager on a big tournament? The best sports betting websites give you plenty of choice, maybe even with live betting, too, so you feel a part of the action.

We aim for websites with at least 20 sports with a wide number of markets to give us plenty to wager on. We like an international flavor to our betting, so soccer from the UK Premier League, Dutch and Brazilian MMA and the good ol’ Aussie open are just some of the events we like to bet on. Don’t forget the world cup is coming up soon, too!

Alternative Payment Methods

It may sound odd to be talking about alternative payment methods on what is essentially a guide to Ecopayz, but everyone needs a backup. No online or mobile software is infallible and the gremlins do sometimes get in the system. What you need is a way to smooth out the online betting process by having one or more alternative payment methods to hand if you feel the need to wager. Credit and debit card payments are the obvious option here as they can also be used to deposit funds in your Ecopayz account, but many are turning to a cardless, cashless society. Online transactions can be completed using a wide choice of eWallets such as PayPal, Neteller and Skrill instantly and with low cost. Alternative methods can also include Bitcoin, Litecoin and other cryptocurrencies. These are favored for their anonymity and swift payment speeds without charges.

A Breakdown of Ecopayz Fees in Australia

Ecopayz, like many other payment providers, charge fees for some of their transactions. The fees you will be charged varies depending on the type of account you have. Ecopayz has five account levels; Classic, Silver, Gold, Platinum and VIP.

Classic Account

  • Registration: Free
  • Wire deposit: between 0.00% + 10.00%
  • Credit card deposit: between 1.69% + 6.00%. A 0.39 AUD fee is added.
  • ecoVoucher deposit: 2.90%
  • CodePayz deposit: Free
  • zestPay deposit: between 1.25% + 2.00%
  • Send/Receive money from Western Union: Free
  • Deposit using an alternative currency: Free
  • Currency conversion: 2.99%
  • Account inactivity fee: 2.32%

Silver Account

  • Registration: Free
  • Wire deposit: between 0.00% + 10.00%
  • Credit card deposit: between 1.69% + 6.00%. A 0.39 AUD fee is added.
  • ecoVoucher deposit: 2.90%
  • CodePayz deposit: Free
  • zestPay deposit: between 1.25% + 2.00%
  • Send/Receive money from Western Union: Free
  • Deposit using an alternative currency: Free
  • Currency conversion: 2.99%
  • Account inactivity fee: 2.32%

Additional services

  • Bank transfer: 9.11-15.44 AUD
  • ZestPay transfer: 1.00% (min 9.11 AUD)
  • Free inter-account transfer
  • Transfer to another account: 1.50% (min 0.77 AUD)
  • Transfer to/from ecoPayz merchant: Free

Gold Account

  • Registration: Free
  • Wire deposit: between 0.00% + 10.00%
  • Credit card deposit: between 1.69% + 6.00%. A 0.39 AUD fee is added.
  • ecoVoucher deposit: 2.90%
  • CodePayz deposit: Free
  • zestPay deposit: between 1.25% + 2.00%
  • Send/Receive money from Western Union: Free
  • Deposit using an alternative currency: Free
  • Currency conversion: 1.49%
  • Account inactivity fee: 2.32%

Additional services

  • Bank transfer: 9.11-15.44 AUD
  • ZestPay transfer: 1.00% (min 9.11 AUD)
  • Free inter-account transfer
  • Transfer to another account: Free
  • Transfer to/from ecoPayz merchant: Free

Platinum Account

  • Registration: Free
  • Wire deposit: between 0.00% + 10.00%
  • Credit card deposit: between 1.69% + 6.00%. A 0.39 AUD fee is added.
  • ecoVoucher deposit: 2.90%
  • CodePayz deposit: Free
  • zestPay deposit: between 1.25% + 2.00%
  • Send/Receive money from Western Union: Free
  • Deposit using an alternative currency: Free
  • Currency conversion: 1.49%
  • Account inactivity fee: 2.32%

Additional services

  • Bank transfer: 9.11-15.44 AUD
  • ZestPay transfer: 1.00% (min 9.11 AUD)
  • Free inter-account transfer
  • Transfer to another account: Free
  • Transfer to/from ecoPayz merchant: Free

VIP Account

  • Registration: Free
  • Wire deposit: between 0.00% + 10.00%
  • Credit card deposit: between 1.69% + 6.00%. A 0.39 AUD fee is added.
  • ecoVoucher deposit: 2.90%
  • CodePayz deposit: Free
  • zestPay deposit: between 1.25% + 2.00%
  • Send/Receive money from Western Union: Free
  • Deposit using an alternative currency: Free
  • Currency conversion: 1.25%
  • Account inactivity fee: 2.32%

Additional services:

  • Bank transfer: 4.48-10.81 AUD
  • ZestPay transfer: 1.00% (min 9.11 AUD)
  • Free inter-account transfer
  • Transfer to another account: Free
  • Transfer to/from ecoPayz merchant: Free

Conclusion - Ecopayz in a nutshell

When it comes to using Ecopayz it’s important to find a reliable online bookmaker with Ecopayz as one of their payment methods. We’ve compiled a list of the qualities we use that makes Ecopayz and bookmakers using it suitable for new and experienced bettors. Yes, it would have been nice to see less fees across the board, but when it comes to service, few can compete with Ecopayz, particularly when it comes to exchanging funds into a different currency. We recommend keeping an eye out for online bookmakers with Ecopayz in the future to try out the payment method for yourself.

Best Betting Site with Ecopayz in Australia FAQ

💪How do I use Ecopayz?

Ecopayz is a simple to use eWallet. For further information on how to use it, we recommend visiting our Ecopayz payment page for further information.

💥Can I use Ecopayz for making Western Union payments?

Ecopayz can be used in some countries for Western Union payments. To check whether this is available in Australia, please check our Australian Ecopayz page. /faq-item]

✅Which is better, Ecopayz or Neteller?

It’s like asking us to choose between our children! Both of these eWallets have their own positives and negatives. For more information on Neteller, visit our Best Betting Sites with Neteller in Australia guide.

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Bet365 Review
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  • Super competitive racing odds on offer
  • Standout sportsbook platform and design
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  • Some of the biggest fantasy sports tournaments
  • Diverse range of sports to build your team for
  • Offers a streamlined mobile app
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