Ease and Versatility of ecoPayz Canada Casino Payments Online

Web wallets come a dime a dozen in this digital day and age. Most Canadians find themselves bombarded with choices. But if you’re looking for an eWallet that will transfer CAD to/from an international gambling website, that list shrinks diminutively. Of all the old school online payment processors – the original brands that we’ve grown to trust over many years of distinguished use – only ecoPayz continues to serve Canadians.
ecoPayz was founded in 2000, right around the same time as the industry’s oldest, leading online payment processors; Paypal (1998), Neteller (1999), and Skrill (2001, formerly Moneybookers). It is among the original brands, and somehow, the only one that still caters to Canada’s online casino enthusiasts. ecoPayz doesn’t just facilitate iGaming payments, either. They offer a multitude of services to accommodate all types of consumers.
You can use ecoPayz it as direct link to your bank, as an eWallet, or request a physical debit/ATM card. Each one has its benefits. What’s the right choice for you? Well, that really depends on your personal banking needs. We’ll talk about all this and a lot more, including how to make ecoPayz deposits and withdrawals at online casinos, in the following guide.
First up, take a look at our table of contents. You can choose a specific topic and jump right to it, or scroll on to learn it all. Thanks for visiting, and remember to always gamble responsibly.
ecoPayz Canada – Table of Contents
- What is ecoPayz?
- How to Sign Up
- ecoPayz Security
- Speed of Payments
- Associated Fees
- How to Deposit
- How to Withdrawal
- ecoPayz Casinos
- Did You Know?
What is ecoPayz – Versatile Online Payments Made Easy
ecoPayz started out in 2000 as a web wallet called ecoCard. In those days, iGamers were simply using the platform to deposit and withdrawal from online gambling accounts. Of worthy note, ecoPayz was among the very first eWallets to offer a physical ATM card for cash withdrawals. In those days, it was just one of many standard, reliable, convenient payment methods.
In 2008, its reputation grew monumentally when parent company, PSI-Pay Ltd., achieved European FCA regulation. With it came authorization as an electronic money issuer from the Financial Services Authority (FSA). With such admirable accreditation, it’s been smooth sailing for ecoPayz ever since.
The company’s reputation in the digital finance market has ushered in continuous growth, giving its creators more than enough resources to develop new, digitally-empowering products. Most of these target foreign markets. For example, Europeans can buy an ecoVoucher PIN online or in store. These prepaid vouchers are great for funding an ecoAccount without linking to a card or bank. But, alas, they’re not yet available here in Canada.
What we do have access to is an online ecoAccount, from which global payments can be made in a variety of currencies. Users can access their account via desktop or mobile browser, or by downloading the ecoPayz App for Android or iOS. With an ecoAccount, Canadians can make deposits and collect winnings from a variety of highly reputable online casinos that accept ecoPayz payments.
Setting Up Your Free ecoPayz Account
Registering a free ecoPayz account is virtually painless. You’ll need to supply your name, date of birth, phone number, physical address, email address, and choose a username and password. You’ll also be asked to provide your “source of wealth”. They just need to know how you make the money you intend to send/receive through their payment platform; employment, pension, investments, rental income, etc. This affirms that you’re not taking part in illegal money-laundering.
Because this is a financial account, you will need to set up 2-step verification. It’s an extra layer of security. It’s not meant to waste your time, but to double-up on your own protection. Once that’s complete, you’ll be able to fund your account with a credit/debit card, local bank transfer, or international bank transfer. To do so, select Deposit Funds and follow the basic instructions.
As you fund and use your ecoAccount, you will soon be asked to verify your identity. It happens right about the time you reach 2,500 worth of transactions. Verification automatically upgrades you to an ecoPayz Silver account, lifting restrictions on making further payments.
Again, this is an extra security layer to make sure you are who you say you are, protecting you from identity theft, and preventing the service from being used for money-laundering. No one really enjoys this process, but when you consider the alternative – that someone may be fraudulently using you identity and financial info – it doesn’t seem so bad.
ecoPayz VIPs & Status Upgrades
If you prefer a payment system with loyalty rewards, ecoPayz has a multi-tier program worth looking into. Of course, you’ll need to up your game, making a high volume of transactions to qualify for the highest tiers. If you do, you’ll enjoy higher limits, lower fees, and a few other perks.
All you have to do to upgrade beyond the standard ‘Classic’ account is verify your identity. To do this, you’ll need to submit a valid photo ID, a current selfie pic, and one utility bill or bank statement in your name and address. This will get you to Silver status, which is necessary anyway if you intend to use ecoPayz to deposit and withdrawal at online casinos.
Upgrading to Gold, Platinum, or VIP status isn’t necessary, but has its benefits. It requires 30 days membership at each tier (Silver and above), minimum transaction frequency, and more. We’ve provided a basic rewards chart below. If you’re really interested, use this link to learn more about ecoPayz Account Levels and Upgrades.
ecoPayz Loyalty Program & Perks
Features | Classic | Silver | Gold | Platinum | VIP |
Free Registration and Update | ✓ | ✓ | ✓ | ✓ | ✓ |
Total Daily Transfers to Merchant | 1k | 15k | 20k | 25k | 30k |
Up to 10 Currency Accounts | X | ✓ | ✓ | ✓ | ✓ |
Up to 4 ecoPayz MasterCards* | X | ✓ | ✓ | ✓ | ✓ |
Total Lifetime Limit | 2.5k | None | None | None | None |
Send Money | X | ✓ | ✓ | ✓ | ✓ |
Withdrawal to Bank Account | X | ✓ | ✓ | ✓ | ✓ |
Withdrawal Fee | X | 5.9-10 | 5.9-10 | 5.9-10 | 2.9-7 |
24/7 Customer Support | ✓ | ✓ | ✓ | ✓ | ✓ |
Credit Card Deposits per Day | 2 | 4 | 6 | 8 | 10 |
Foreign Exchange Fee | 2.99% | 2.99% | 1.49% | 1.49% | 1.25% |
Maximum Account Balance | X | 15k | 100k | 120k | None |
ecoPayz Security & Anonymity Features
If the sign-up process didn’t give it away, ecoPayz is a stickler for security. Remember, this is a 20+ year old online payment company. They were around when Internet security was questionable, at best. They know the dangers, and have spent all these years pioneering state-of-the-art methods for protecting their customers.
Anonymity is not something Canadians are privy to. ecoPayz accounts require KYC/AML identity verification. Only the Classic account doesn’t require it, but it’s so limited, you won’t get much use out of it without upgrading to a verified Silver account.
If you’re looking for more privacy in a payment method, may we suggest prepaid cards or crypto currency.
Speed of ecoPayz Payments – Instant!
Depositing with ecoPayz is as quick as any other payment option, if not quicker. Because your ecoPayz account is pre-funded, that money is ready for immediate transfer. When you submit a payment to an online casino, ecoPayz instantly confirms that the funds are available to send. The casino, in turn, approves the purchase and gives you credit for the incoming funds. Thus, your account reflects the deposit within moments of making the payment.
Withdrawals are also extremely fast. Not instant, mind you, but far quicker than most cashout options. The bulk of your wait time comes from the casino’s “pending” processing time. Every iGaming site requires a period of time known as “process pending”. After this time, the payment actually processes. The average ‘pending’ period is 24-48 hours. Check your casino’s payout terms for exact details. Once the cashout is approved for processing, that money will appear in your ecoPayz account in anywhere from a few seconds, to a few hours at most.
Cost of ecoPayz Canada – Rates and Fees
The more convenient a service is, the more you can expect to pay for it. That couldn’t be more true with ecoPayz. It’s not exactly cheap, but it is extremely convenient. Funding your account, for example, could cost as much as 10% on top of your load amount, but only if you choose the most expensive funding methods. Other fees may come into play when transferring money back to your bank, converting between currencies, or if your account is inactive too long. See the fee chart below for more details.
ecoPayz Fees by Account Status
This is not a complete list. Click the following link to see the Full List of ecoPayz Account Fees.
Limitations and Fees | Classic | Silver | Gold | Platinum | VIP |
Account Registration | Free | Free | Free | Free | Free |
Bank Wire Deposit* (EFT, Local/Intnl Wire, Instant Deposit, etc.) | 0-10% | 0-10% | 0-10% | 0-10% | 0-10% |
Bank Deposit (to Virtual IBAN / Account) | Free | Free | Free | Free | Free |
Credit Card Deposit | 1.69-6% +$0.36 | 1.69-6% +$0.36 | 1.69-6% +$0.36 | 1.69-6% +$0.36 | 1.69-6% +$0.36 |
ecoVoucher Deposit | 2.9% | 2.9% | 2.9% | 2.9% | 2.9% |
Transfer to Bank | X | $8.58 -14.54 | $8.58 -$14.54 | $8.58 -$14.54 | $8.58 -$14.54 |
Currency Conversion** | 2.99% | 2.99% | 1.49% | 1.49% | 1.25% |
Inactivity Fee | $2.18/m | $2.18/m | $2.18/m | $2.18/m | $2.18/m |
How to Make a Casino Deposit with ecoPayz
As far as casino deposits go, ecoPayz works like any other web wallet. From the casino cashier, choose ecoPayz as your deposit method and enter an amount to deposit. You’ll be redirected to the ecoPayz website to login and confirm the payment. In this way, you’re not sharing any sensitive information with the casino itself. See the step-by-step instructions below for more info.
Order of Steps | In Detail |
1. Login to Casino | Login to the online casino you want to make a deposit at. |
2. Visit the Cashier | Make your way to the Cashier/Banking section of the website. |
3. Choose Deposit | Choose to make a deposit. |
4. Select ecoPayz | From the list of available deposit methods, choose ecoPayz. |
5. Enter Amount | Enter the amount of money you want to deposit and press Submit. |
6. Login to ecoPayz | A quick redirect requires you to log into your ecoPayz account, where you’ll confirm the payment. |
7. Confirm Payment | Look over the payment details and, if all is correct, press the Submit/Confirm Payment button. |
Success! | Assuming you’ve followed the instructions correctly, your deposit is instantly approved. The funds will be available for immediate use in the casino. |
How to Request an ecoPayz Casino Withdrawal
One of the primary reasons so many Canadians choose ecoPayz for casino payments is because it’s also eligible as a withdrawal method. Thus is the beauty of eWallet payment systems. Remember, your ecoPayz Account must be upgraded to at least Silver status to receive money. Also note that you must have at least one successful ecoPayz deposit on record with the casino to use this withdrawal method.
The procedure for requesting a withdrawal is very similar to that of making a deposit. You won’t have to log in to your ecoPayz account for this one, though. Simply choose ecoPayz as your cashout method, enter the amount to withdrawal, input your ecoPayz email address, and submit the request. It could take 1-2 business days for the casino to complete processing of the payment. At that point, it should appear in your ecoPayz account right away.
ecoPayz Canada Casino Cashout Step-by-Step
Order of Steps | In Detail |
1. Login to Casino | Login to the online casino you want to cash out winnings from. |
2. Visit the Cashier | Make your way to the Cashier/Banking section of the website. |
3. Choose Withdrawal | Choose to make a withdrawal. |
4. Select ecoPayz | From the list of available cashout methods, choose ecoPayz. |
5. Enter Details | Enter the amount of money you want to withdrawal form the casino. Follow any other instruction prompts, then press Submit. |
Success! | Assuming you’ve followed directions correctly, your withdrawal will enter the casino’s “pending processing” period. This generally lasts anywhere from 12-48 hours. See the casino’s cashout policy for exact times. Once processing occurs, your ecoPayz account should reflect the withdrawal immediately. |
Once the funds appear in your ecoPayz account, you have a few options. You could leave the money in your account for future use. You could transfer it to your bank account, for a fee; (takes a few days). Or, if you have an ecoPayz card, you can withdrawal the cash at any ABM featuring the MasterCard logo.
Recommended Canadian ecoPayz Casinos
The BTC Blackjack team is committed to our own online safety, and as an extension of this website, your safety as well. We would never deposit or play at an online casino we didn’t thoroughly investigate and come to trust. Likewise, we would never suggest our readers play at any online casino we weren’t already confidently gaming at. That being said…
The following list details all Canadian ecoPayz casinos we personally use and approve of. You can click on the name of any casino on the list to read an in-depth review of its features.
ecoPayz Canada Casinos | For Deposit | Withdrawal |
Bao Casino | Yes | Yes |
Pinnacle | Yes | Yes |
Playamo | Yes | Yes |
True Flip | Yes | Yes |
Wild Tornado | Yes | Yes |
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Did You Know?Strong Passwords Save Identities – Secure Your Online Payment Accounts Today |
Did you ever sign up for something online, and the service suggested you use some long, ridiculous looking, alphanumeric password? Maybe it looked something like this: XP49flb3wS9!4kJW If so, you probably thought: “Gee, how am I ever going to remember that? I don’t even want to write that down, much less type it in. No way!” So instead, you use your usual password, which consists of things like your name, favorite color, and/or year of birth. And then you throw that exclamation point on the end to make it super secure, ending up with something like: JoanBlue1985! This is not safe, secure, or even remotely uncrackable. The first rule of creating a strong, secure password is to never use personal details, or even the details of a close friend or relative. Names, dates, pets, favorite colors, sports teams, etc. These are all bad ideas. Those long crazy passwords are suggested for a reason. And if you value your online identity and finances, you’ll reconsider using one for your ecoPayz account, and all your other sensitive online accounts. Never use the same password for different accounts, either. Every mobile device and Google account comes with a password management tool. It’s entirely encrypted and completely secure, saving all your passwords so you don’t have to enter them time and again. Adding a second-layer of security (2-Step verification) ensures no one else can get in your account if you lose your phone. These are features ecoPayz has been promoting since 2018. You can learn more about creating strong passwords and safely storing them here. |