What is ecoPayz?
ecoPayz is an online payment provider that allows you to make payments quickly and efficiently, with no bank processing times. Now, before we get too far, all bettors should know that ecoPayz has recently rebranded to just Payz, so any reference to ecoPayz or Payz should be viewed as synonymous.
Moving along, ecoPayz is what we have come to know as an eWallet, which are exclusively online wallets specifically designed to receive and send quick payments. When it comes to online betting payment methods, ecoPayz is easily one of the most convenient ones.
ecoPayz has been around since 2000, but it is only recently that many ecoPayz bookmakers have begun to pop up online. Payz have also recently come out with their own physical debit card, which you can use to withdraw money from your account and pay for goods. It’s a brand that is developing its services over time, as you can see, and it will be interesting to see how that affects bettors too. Now, let’s dive right into what ecoPayz bookmakers are available.
What are the Best ecoPayz Betting Sites?
We took care to only choose the best ecoPayz betting sites, because the fact of the matter is, there are so many bookmakers that are starting to offer this form of payment, so it may be hard to filter them out. We want you to have the cream of the crop when you start your ecoPayz betting. Here are our top three ecoPayz platforms.
22Bet – A Fantastic Mobile Experience for the EcoPayz user
- Easy payment options on the app
- Fast EcoPayz withdrawals
- No fees on payments
- Smooth payment page
- Limited customer support on payment issues
22Bet is a sportsbook that has flown under the radar for some time, but we don’t believe it gets as much credit as it deserves for being one of the better ecoPayz bookmakers out there today. First off, we have to credit 22Bet for how high their payouts are for their customers. On average, we found the bookie’s house edge to vary around just 3-4%, and, if you’re an EcoPayz user, you can get your hands on your winnings within 24 hours, given the speed of EcoPayz withdrawals. 22Bet also offers absolutely no fees on any EcoPayz transactions.
That’s not all that makes it so valuable among ecoPayz betting sites, however. The 22Bet mobile app is one of the better mobile apps in the Canadian market, especially for payments. It is the best for functionality, in terms of making deposits and withdrawals in play. It is an example of flexible payment options amongst the best ecoPayz bookmakers, though it could be backed with a stronger customer service team for when you may encounter a transaction hiccup.
However, if you are really looking for an ecoPayz betting site that focuses on bonus offers, we’d recommend Betfred.
Betfred – Some of the Best EcoPayz Payments Out There
- Claim bonuses securely
- Connect Payz to the mobile app
- Instant deposits
- No fees on withdrawals
- Limited platform
We have consistently mentioned Betfred in our best betting sites about how valuable it is. Well, when it comes to ecoPayz sportsbooks, Betfred offers nothing but value, offering similar speed and no fees.
Moreover, take a look at Betfred’s signup bonus offer, which is a bet and get free bets offer in the UK. With EcoPayz, this bonus offer will be completely secure and available to claim in different ways, as you can either use a prepaid card, or simply deposit directly from your Payz account. So, if you deposit your £10 from a Payz prepaid card, that card will only be used once, and your details won’t be compromised in any way. Talk about optimising a payment method!
The Betfred mobile app is also worth downloading if you’re using EcoPayz for your primary payment method. It simplifies the desktop completely, so the payment page has a simple layout and you can connect the app to your Payz account so that you’ll have to do virtually nothing to deposit and withdraw money. So, if you’re a mobile bettor, Betfred is the ecoPayz betting site for you. However, if you’re looking for sharp odds to wager on, GGBet is the sportsbook for you.
888Sport – Seamless Experience for ecoPayz Users
- Good integration of ewallets
- Easy to Use Interface
- Quick and reliable withdrawals
- Delays can occur at high demand times
- Can’t use crypto
888 Sport is great at accepting a whole range of payments and ecoPayz is just one of the ewallets they take. As standard with this site, the interface is clean and easy to use – it’s a good shout to their expertise that they’ve taken a payment option that few bookies take and have integrated it so well into their payment options. The minimum deposit is common for ewallets at £10, slightly higher than other payment options with 888Sport, but it is pretty much instant. During high demand times you might need to wait around 10 minutes, though, so you might not want to rely on this option for in-play bets.
Withdrawal times can a few days but this is quite common with ewallets, so we’ll give them a bit of grace with this one and they do say on their website that withdrawals to ewallets take less time than visa or bank transfer – so it’s a solid option as a top ecoPayz betting site. However, if you’re fancying using ecoPayz because you’ve got a nice lot of crypto built up – you’re out of luck. 888Sport doesn’t accept crypto payments at the moment.
How to Register with ecoPayz and Get Started
Now that you know where to bet, let’s get into registering with the platform. After all, you can’t enjoy ecoPayz bookmakers if you haven’t registered with ecoPayz! We’ve put together a few steps that should simplify the registration process for you.
Set Up an Account with Payz
To get your hands on an ecoPayz account, you have to sign up with their provider, Payz. You need to set up an account before you can use it, similar to how bookmakers with MuchBetter require an account for you to use it as a payment method. It’s relatively simple to do, though.
- Input your name, a username, email address and a password
- Accept the terms and conditions
- Download the app and make your first deposit. Alternatively, you can create an account online via the Payz website. However, the app is much easier and more straightforward to use.
Now you’re good to go!
Deposits and Withdrawals – How Do I Pay with ecoPayz?
We know what you’re thinking: I have a Payz account, but how do I make deposits and withdrawals on ecoPayz bookmakers?
The process itself is fairly simple. Once you have your account topped up, you can just link your account by putting in your bank details, and going through a verification process. It shouldn’t take too long, but once you’re verified, making deposits and withdrawals are simple.
Making EcoPayz Deposits
Deposits on most online sportsbooks through ecoPayz will be instant. Like most eWallets, to connect through your mobile app, or by desktop, you won’t have to provide any personal information or details. With your ecoPayz account, all you’ll need is your username and password.
- Login to Payz on the desktop or mobile.
- Choose the ‘Pay’ option and choose the amount you wish to deposit.
- Verify you are making this payment and you’re done!
There you go. Wagering on ecoPayz betting sites has never been easier!
Simple EcoPayz Withdrawals
Withdrawals may take a little more time, but they are just as simple as deposits. To withdraw money to your ecoPayz account.
- Access your betting account.
- Choose the amount you wish to withdraw, and withdraw.
- Verify through Payz that you are making this withdrawal.
- Your money should arrive in your account within a couple of working days.
Again, the withdrawal time will depend on your chosen sportsbook. However, given the convenient nature of ecoPayz as an eWallet, it shouldn’t take too long. The standard range for ecoPayz withdrawals is 12-24 hours.
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What Are the Fees Like on ecoPayz Transfers?
Unfortunately, it’s not all sunshine and rainbows using ecoPayz. The reality is that most ecoPayz transfers take a percentage fee of transfers, which is different from whether or not a bookie decides to place their own additional fee (as we have seen fortunately, many often do not). However, that is no different than any other eWallet.
All eWallets charge a fee on their transactions. So how much does ecoPayz charge? How does it compare to the competition?
EcoPayz Transaction Fees Based on Tiers
Depending on your membership, your transaction fee will be different. ecoPayz has a tiered membership system that goes all the way to Gold Tier. Here’s a brief list of the fees you have to pay depending on your membership.
| Membership Level | Transactional Fee |
|---|---|
| Standard | 0-10%, depending on amount |
| Silver | 1.5% as a standardised amount |
| Gold | No fee applies to Gold Users |
Ultimately, your tier level with Payz will decide how much you will save on transaction fees compared to other competitors, with the Gold user level as being the most ideal to qualify for absolutely zero fees. Even with Silver status though, you’ll be able to beat the transaction fees of the majority listed here.
Overall, ecoPayz fees are fairly standard fare. Let’s compare them to the competition, and see how they size up.
Other eWallets’ General Transaction Fees
Among the many eWallets, we chose the most commonly used eWallets that are used on sportsbooks to have a look at transaction times and fees across the board.
| Payment method | ecoPayz | PayPal | Skrill | Neteller | Trustly |
|---|---|---|---|---|---|
| Deposit time | Instant | Instant | Instant | 1-2 days | Instant (can take longer on public holidays) |
| Withdrawal time | 12-24 hours | 24 hours | Instant – 5 business days depending on withdrawal option | 1-5 business days | 24 hours |
| Fees from payment provider | No fee for withdrawals, but a variety of percentage or set amounts for deposits, eg 0-10% of deposit amount using a bank transfer | 2.99% plus set fee of 50p (currently) | Withdrawal free is charged depending on withdrawal method can range from 0 – 5% depending on purpose and whether a currency conversion is needed | 1-5% on deposits depending on option used, withdrawal fees can be 0-5% or a set fee, eg $10USD. Other transaction fees for standard users are 2.99% | No fees |
| Availability | Not widely available | Common | Common | Common but not available in all countries | Getting more readily available |
Some Additional Notes
EcoPayz vs PayPal:
ecoPayz and PayPal are very similar in nature, however, there are a few key differences. One of the primary differences are:
- ecoPayz is completely prepaid. That means it is separate from your bank account, and doesn’t touch your payments
- PayPal is linked to your bank account
We cover more of what PayPal has to offer in the best PayPal betting sites; however, they are quite similar payment options.
EcoPayz vs Trustly:
You’ll find that most ecoPayz betting sites will also feature Trustly. That is because these eWallets are strikingly similar, with only one glaring difference between them.
They both host 45 currencies, they both offer instant payments and they both offer no fees. The only difference is that Trustly is not prepaid and acts more like a middleman. ecoPayz is a separate wallet from your bank, and acts as such. For example, you could withdraw money at an ATM from ecoPayz, but not from Trustly.
Which ecoPayz Sportsbook Should I Choose?
When looking for the best ecoPayz betting site, you have plenty of options to choose from. However, now that you know how to set up your Payz account and use it safely, you’ve got so many options available to you. For example, Betfred, 888Sport and 22Bet are all reliable EcoPayz betting sites that have optimised ecoPayz as a payment method to make it invaluable to the overall experience.
Deposits and withdrawals are both relatively straightforward with EcoPayz. For worthwhile bookmakers, it’s a process that is not only safe, but quick. However, no matter which sportsbook you choose, at least you have a solid base on how Payz works. Betting with ecoPayz is fun and convenient on the right bookmakers, so why not give it a try.
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ecoPayz Bookmakers FAQ
❓ How long does an ecoPayz withdrawal take?
An ecoPayz withdrawal should only take 24 hours at most. ecoPayz is an eWallet, so this significantly speeds up deposit and withdrawal times.
⭐Can I use ecoPayz on betting sites?
There are plenty of betting sites that use eWallets such as ecoPayz. Betfred, 22Bet, 20Bet, GGBet and BetZee are only a few examples of ecoPayz bookmakers.
👍 How legit is ecoPayz?
ecoPayz is a completely regulated financial provider. It meets all the security protocols, such as fraud protection, and is fully regulated by the Financial Conduct Authority.
👏 How long does ecoPayz verification take?
Once you set up your account, it should take two days for ecoPayz to verify your details. Once your details are verified, you’re free to start using the wallet.
😀 Are Payz and ecoPayz different services?
Not at all; ecoPayz and Payz are exactly the same payment method. ecoPayz recently rebranded to Payz, a common marketing strategy. While this article may mainly use the term ecoPayz, know that we are referring to Payz, and vice versa.
