The iGaming industry is one of the fastest to pick up the latest innovations be it games, payment or accessibility. However, it’s payments that are typically the focus of innovations, and an area that both operators and players look at to see where improvements can be made.
Payments and transactions are often the focus, because players want security, but they also want speed. On the operator’s side, there’s a need to provide what players want, but also to manage the risk-return of different payment methods, especially as some, like card payments, can cause operators high processing fees. This is where ecopayz online casinos platforms becomes prominent. Increasingly, ecoPayz has emerged as a leading payment solution, not just at online casinos, but at online retailers and merchants too. Let’s take a look at why this is and what ecoPayz has to offer.
What is ecoPayz and how does it work?
ecoPayz is an e-wallet that offers various transaction options to its customers. It’s a global payment service that offers send, receive and spend money capabilities across many different currencies — in fact it supports more than 45. In order to use it, customers must make an account and then fund it. This funding can be done via various different methods. The platform is both browser and app accessible and even has options like prepaid or virtual cards available.
Using in ecoPayz is easy. Creating an account is free and takes just a few minutes. No credit check is needed during this process. Then, it’s a case of funding the account. Adding money to an ecoPayz account can be done via bank transfer or card deposits. With the account funded, users can then start using ecoPayz to pay at online stores, merchants or casinos by linking the ecoPayz account to that vendor.
Alternatively, they can use a virtual or physical ecoPayz card to make payments. Users can also send and receive money. When doing so to a user who also has an ecoPayz account, the process is instant. And the same is true in reverse. The entire process is very secure as ecoPayz uses the latest data encryption and security measures to protect all financial information provided. None of this is shared with third parties either.
Innovations from ecoPayz
These days, the vast majority of transactions take place online. This means that customers and players are constantly required to provide their payment details when making a payment. For many, this is a source of concern as it can result in banking details getting stolen or accessed by fraudulent people. And this is where ecoPayz comes in. As it’s an online payment method, it has stringent security protocols in place. This includes fraud protection measures which means that, when players use it at a casino, they do not have to provide their bank information. Instead, ecoPayz is the middleman between the two.
Another feature that highlights ecoPayz’s role in online casino activity is its enhanced privacy. ecoPayz transactions do not appear on bank statements. This means that any casino activity is much more private, something preferred by many people who are trying to be more discreet when it comes to their gaming habits.
As a whole, ecoPayz offers a very user-friendly design too. The registration process is simple, and once onboard, the interface is easy to use. It’s also got a mobile app, which means that users can check their transactions quickly and easily if they need to. The platform supports multiple currencies too, which means that players from around the world can use it, or use this as a payment method at international casinos. As such, it’s a hugely flexible option for players and operators alike.
ecoPayz and online casinos
Many casinos have consequently added ecoPayz to their payment options, highlighting ecoPayz’s role in online casino banking. For players looking to use it, it’s simply a case of finding it in the banking section of their chosen casino. The ecoPayz account must be linked and then transactions can move ahead smoothly. While it does offer super quick transactions, there are some downsides. Unlike other eWallets such as PayPal, ecoPayz is still not one of the top used options. As such, it’s still not consistently found at all online casinos, limiting player choices a little.
