ecoCard is a prepaid debit card that exists under the broader ecoPayz brand. Although the name may sound a little amateurish, this is actually a well established company with a top notch security reputation. If you recently saw the EcoCard logo on the deposit screen of your favourite betting site and want to know more, you’ve come to the right place.
There are two types of ecoCards that you can use to fund your betting account. One is a physical card that you can receive as a part of your ecoPayz online wallet. The other exists online only and is called the “ecoVirtualcard” and it too can be used to deposit. Both are branded with the MasterCard logo and can be used anywhere EcoCard or MasterCard is accepted.
ecoCard is a handy payment solution thanks to its widespread acceptance in the online betting world and ease of use. It operates independently of your personal bank account and therefore acts as an intermediary between your bank and any betting site at which you play. I recommend ecoCard and ecoVirtualcard to anyone leery of sharing their personal credit or debit card information. Just read on and I’ll explain how it all works.
It All Starts with Your ecoAccount
You can get started with ecoCard by visiting ecoPayz.com and signing up for the virtual “ecoAccount” wallet. This virtual wallet works in a similar manner to PayPal or Neteller, serving as a safe holding place for your money online. You can fund your ecoAccount by uploading funds from your bank account, credit card and a variety of other funding methods.
Once you have money in your ecoAccount, you can request an ecoVirtualcard, physical ecoCard or both. Both cards are linked to your ecoAccount and can only be used to spend what you have already uploaded to your virtual wallet. Neither card has any connection to your actual bank account.
Now, you can use your ecoCard to make purchases online or fund your account at any major betting site. Just type in your ecoCard number inside the deposit screen of your betting account and the funds will move from your ecoAccount instantly. You’re now free to place wagers and gamble online as you please.
The best ecoCard betting sites are also willing to process withdrawals back to your ecoCard account. This isn’t an option everywhere, but I have found that most major betting sites are fine with paying winnings via ecoPayz. You can initiate a withdrawal by logging in to your gambling account, visiting the cashier, choosing “withdrawal” and then selecting “ecoCard” as your payment method.
The funds will then be credited back to your main ecoAccount. From there, you can transfer the funds from eco back to your primary bank account. Your banking details are not revealed to the betting site at any point through the process.
How to Fund Your EcoCard
Remember, your ecoCard and ecoVirtualcard are both connected to the funds in your main ecoAccount. You will need to load your ecoAccount with money before you can use either card to make purchases. The ecoPayz company has agreements in place with a variety of other payment methods so you have plenty of options to move money from your bank to your virtual wallet.
You can do so by logging in to your ecoAccount and then selecting any of the following top up options.
EcoCard is especially useful for players who live in countries with currency that are not supported by most betting sites. Rather than deal with currency exchanges when you deposit to your betting account, you can instead open multicurrency accounts inside your ecoAccount wallet.
ecoAccount supports all the following currencies: EUR, GBP, USD, ARS, AUD, BAM, BGN, BRL, CLP, CAD, COP, CHF, CNY, CRC, CZK, DKK, GEL, HKD, HUF, ILS, INR, ISK, JPY, MDL, MOP, MYR, MXN, NIO, NOK, NZD, PAB, PEN, PLN, RON, RSD, RUB, SEK, SGD, THB, TRY, VEF, UAH, UYU, UZS and ZAR.
Withdrawing from Your EcoAccount
If you opt to have your betting site pay your winnings back to your ecoAccount, the final step is to move those funds from eco on to your bank. ecoAccount offers just one withdrawal option: a wire transfer straight to your bank account. Withdrawals take about 3 business days to approve and then up to 5 business days before the funds hit your account.
EcoCard Fees and Limits
The fees and limtis for your ecoCard vary based on your account level. All new customers start out as “Classic” members and can then progress through “Silver,” “Gold,” “Platinum” and “VIP.” The Classic account is quite limited and comes with a lifetime spending limit. However, you can easily upgrade to a Silver account by e-mailing a copy of your photo ID and address verification.
Further account upgrades occur based on your activity, but the Silver account is where most customers sit. Here’s a look at the fees and limits for Silver members.
|Card issue and activation||Free|
|Cash withdrawal by card||2% (€1.50 minimum)|
|Transaction processing||2% (€0.40 minimu)|
|Minimum transaction||No limit|
|Max single ATM transaction||€250|
|Max single online purchase||€1,000|
|Max ATM withdrawals per day||3|
|Max online purchases per day||5|
|Max daily ATM withdrawals||€750|