Best EcoPayz Online Casinos in South Africa 2024

EcoPayz (known initially as ecoCard) was founded in 2000, making it one of the longest-established e-wallet companies in the world. The company is privately owned and operated by an English-based company, PSI-Pay Ltd. In 2008, PSI-Pay Ltd became authorised by the FCA (Financial Conduct Authority) to issue electronic money subject to regulatory requirements and supervision. A year later, in 2009, ecoPayz became a principal member of Mastercard for card issuing. The company released its exclusive iPhone app in the same year (2009), making it the first financial institution to have a native iPhone app.

Thirteen years later (2013), after its inception, the company rebranded to ecoPayz to represent the diversity and growth of the company, as the name ecoCard didn’t fit anymore. In May 2014, ecoPayz launched a universal mobile app that allowed customers to access and keep track of their accounts 24/7, whether on iPhone, iPad, or Android devices. Through the years, the company has made various strides, such as forming a partnership with Western Union (2016), the introduction of 24/7 multilingual customer support (2010), replacement of ecoCard with ecoPayz Mastercard (2019), among others. However, due to jurisdiction restrictions, the ecoPayz Mastercard services are unavailable in South Africa.

With such advancements, it’s no surprise that online players have embraced ecoPayz as a swift, safe, and efficient banking option. However, some transaction fees apply, meaning that using it may be costly compared to other e-wallets. Nevertheless, ecoPayz has successfully provided end-to-end, account, and card-based payment solutions to individuals worldwide, offering an instant, secure, and speedy means of moving funds online.

ecoPayz is a two-way online payment system. This means that, unlike some e-wallets like AstroPay, you can use this method for withdrawals in well-established and new online casinos. Additionally, ecoPayz is quite convenient as most online operators require you to withdraw using the same deposit method. However, depending on your ecoPayz casino, service charges may apply when cashing out.

When ready, proceed to the banking/cashier section and select ecoPayz from the list of options. Fill in the amount you want to cash out and confirm the transaction. With ecoPayz, withdrawals are processed quickly. Nevertheless, the online casino’s withdrawal times determine the overall time funds will be credited to your ecoAccount.

Even though creating an ecoAccount is free, performing transactions will attract some charges. Furthermore, the different account levels feature varying limits. For instance, the Classic ecoAccount has a cumulative lifetime deposit limit of about ZAR 48,467, whereas the other account levels have no limits. Thus, upgrading to the other levels, which are more flexible and offer incredible features, is advisable.

Deposits and withdrawals to and from your ecoAccount to your ecoPayz casino in South Africa are free. However, depending on your payment method, depositing into your ecoAccount will attract some pretty hefty charges. If your account remains dormant for 12 months, you’ll incur a ZAR 29.08 monthly fee. In addition, depending on your account level, currency conversion charges vary between 1.25% and 2.99%.

In May 2014, ecoPayz launched its mobile app for iOS and Android-operated devices, allowing customers to access and use their accounts 24/7. The company’s mobile app is packed with both essential and innovative features to help users manage and keep track of their accounts on the go. To ensure maximum protection of customers’ data, the app features biometric login options, allowing access to your account quickly and securely with Face ID, fingerprint, or a passcode.

ecoPayz is an amazing e-wallet payment service that allows players to make instant deposits and quick withdrawals and offers top-notch security. Additionally, it’s easy to use, supports various currencies, and offers other services such as ecoVoucher and ecoVirtualcard. Playing at an ecoPayz online casino means you’ll enjoy numerous benefits like incredible bonuses, unrivalled customer support, a massive game library, and more. Despite these perks, some ecoPayz transactions have hefty charges, which is a major drawback. This review has listed the best ecoPayz online casinos in South Africa, given a step-by-step guide on how to set up an ecoPayz account, and outlined the pros and cons of using it as a payment option in online casinos, among other essential information.