ecoPayz Review

At mybrokerstar.com you can find the best reviews of the highest quality eWallets such as EcoPayz.

ecoPayz was founded in 2000. ecoPayz uses the latest security and fraud protection technologies and considered one of the most trusted e-wallets online, also has been nominated for an award at the Payments Awards 2014, the award-nominated technology which is utilized by ecoPayz around the clock, protects customers from cards and payments fraud such as identity theft and phishing.
You can open an account free and takes only a few minutes, without a bank account or credit check and you can top up your account in many different ways. Your funds are then available to spend how you want, in total confidence because your financial information is never shared with anyone.

Account Opening

Step 1: Go to the ecoPayz – you’ll find the link to the page here – and click on the green Sign up button. This button will redirect you to the registration form, fill in the form with basic account and personal information.
Be careful to enter the correct CAPTCHA, don't forget to check the box "I agree to PSI-Pay Terms of Use and have read the Privacy Policy", choose how you would like to receive updates about products and special offers, finally click on Create Account button.

Step 2 By clicking on Create Account you will go to the next page which you can see below and it's a 2-step verification, they need to send you an access code to your registered email address, so click on the green Request Code button.

Step 3 Next you will go to the next page as you can see below, where you have to enter the Access code you find on your email, 

most of the time ecoPayz registrations emails are delivered to inbox without problems but don't forget to check the spam folder also, you can see how registration email looks like below.

Step 4 Once you find the Access code enter it and click the green Submit button

Step 5 Then you will go to the next page where you have to set up the next step of verification and you will have to choose between Google Authenticator and SMS or Voice Call

Step 6 By choosing Google Authenticator you will go to next page where you have to scan the QR code, enter the verification code and click enable, keep in mind that Google Authenticator must be previously installed from iTunes App Store or Google Play to your phone,

 Alternatively, you can choose SMS or voice call, once again the procedure it's straightforward, just enter the verification code you received to your phone and click Submit button

 You are now ready to use your ecoPayz account

 VIP

There are 5 levels of ecoAccount Classic, Silver, Gold, Platinum and VIP and you can benefit from lower withdrawal fees, lower FX rates, free P2P transfers, higher limits and the ability to own an increased number of ecoCards and ecoVirtualcards in additional currencies.

The Classic ecoAccount is the level you get upon your initial registration. It has a lifetime limit of deposits.

The Silver ecoAccount gives you the possibility to apply for the ecoCard* and our ecoVirtualcard*. This allows you to withdraw funds to your personal bank account, make transfers to family and friends as well as offering you increased limits on your account.

* This product is available in all 31 EU/EEA states

The Gold ecoAccount offers you higher limits both within your account and with the ecoCard. You’ll also enjoy free international money transfers and a reduced static currency conversion fee for all e-wallet transactions (1.49 %*).

* The exchange fees of 2.99% will be applied to all ecoCard and ecoVirtualcard transactions.

The Platinum ecoAccount offers you even higher limits within your ecoAccount. You’ll also enjoy free international money transfers and a reduced static currency conversion fee for all e-wallet transactions (1.49 %*).

* The exchange fees of 2.99% will be applied to all ecoCard and ecoVirtualcard transactions.

The VIP ecoAccount offers you the highest limits within your ecoAccount. You’ll also enjoy free international money transfers and even further reduced static currency conversion fees for all e-wallet transactions (1.25 %*).

* The exchange fees of 2.99% will be applied to all ecoCard and ecoVirtualcard transactions.

you can compare the 5 different ecoAccount levels below

*The exact fee depends on the options available in your region and on your country of residence.

**Subject to correspondent bank fees and charges for international transfers.

***Whenever a currency conversion is required to complete a transaction, PSI will automatically calculate the currency conversion rates and add a currency conversion fee.

^For Canada: promotional offer from 02-08-2016. Standard deposit fee of 2.90% will apply after 06-01-2020.

For Bahrain, Egypt, Jordan, Oman, Qatar, United Arab Emirates, Kuwait and Saudi Arabia: promotional offer from 25-08-2016. Standard deposit fee of 2.90% will apply after 06-01-2020.

For Brazil, Chile, Ecuador, Mexico, and Peru: promotional offer from 16-10-2019. Standard deposit fee of 2.90% will apply after 16-04-2020.

^^For Canada: promotional offer from 01-07-2019. Standard deposit fee of 3.50 EUR will apply after 06-01-2020.

†A conditional fee will be applied by Western Union that will depend on the chosen Western Union delivery service in combination with the country where the transfer of funds is being completed.

††Promotional offer from 18-09-2019. Standard fee of 1.00% (min 5.90 EUR) for Silver, Gold and Platinum level clients and 1% (min 2.90 EUR) for VIP level clients will apply after 20-11-2019.

Fees

The fees vary depending on your ecoAccount VIP level, you can see the complete list below

* Monthly cash deposit limit of 1000.00 EUR applies to residents of France and French territories.

** Monthly cash withdrawal limit of 1000.00 EUR applies to residents of France and French territories.

Pros and Cons

Pros

• It's very important that ecoPayz has no p2p charges
• Is accepted for sign up bonuses in many gaming sites that may Neteller and Skrill are excluded
• Excellent customer support

Cons

• ecoCard as a prepaid card is available on to clients from EU/EEA countries, however, it works globally
• Fewer merchants/sites accept ecoPayz
• At some cases, unexplained account closures were reported by users

Conclusion

ecoPayz is a highly secure ewallet which can be used to send a present to a friend or assist a member of your family who lives abroad, either you can deposit to a gambling site always with the lowest charges

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