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EcoPayz, formerly known as EcoCard is one of the first digital wallets that were introduced to the financial transaction market. It was established way back in 2000, during the advent of technology and the internet.Its headquarters is located in Horsham, England, but EcoPayz has a global presence. To be more precise, it’s available in 173 countries and it’s compatible with 47 different currencies. It’s an FCA regulated company, abiding to the law and providing regular annual reports and they are subject to audit. Due to the nature of the EcoCard and how it actually works, it provides an additional safety layer, protecting you from scams and malicious behavior.
How EcoCard Works?
EcoCard, provided by EcoPayz, is a type of a prepaid digital wallet, which you can load, make payments and receive payments. Furthermore, you can obtain a physical EcoCard powered by MasterCard, which can be used for ATM withdrawals and land-based payments. On the other hand, the virtual card can only be used for online transactions. Despite being available in such a high number of countries worldwide, it’s not available to US residents. In the online gaming community, it’s rather popular among Canadian players.
You can make both deposits and withdrawals. As an owner of an EcoCard, you can receive funds directly to your physical debit card and withdraw at an ATM, or have the money processed via bank transfer to your virtual account. EcoPayz also offers a one time use card, which once emptied all related data is deleted.
Safety and Security
EcoPayz even once it was just EcoCard, has always shown great attention to the safety of their services. The backbone to their success is their ability to change and adapt to the market trends. Over the past few years the issues arising from the safety of online payment have been in the spotlight. EcoPayz has gone beyond the expectations of their customers, but their competition as well. It is accredited as one of the companies that follows the Data Security Standard (DSS). This guarantees the safety of your personal and transaction information, your money and that your money will reach its final destination. The verification procedure for the physical debit card, provided by MasterCard comes in two separate methods. That said, one number is sent to your email, whereas the other to your phone. Just in case one of these is compromised, the account won’t be activated, until you resolve all issues.
EcoCard and EcoPayz – A Brief History
In the beginning, there was only EcoCard an e-wallet, which was experiencing high growth. In 2013, the company decided to diversify its products and services, offering online banking, bulk financial transactions and other services. This led to the re-branding of EcoCard to EcoPayz. Today, EcoPayz is the payment method of choice of a lot of online casino players worldwide. If it’s available in your country, you better consider it as a viable option.