EcoCard, also known as ecoPayz, is a popular payment method in the online casino market. Launched in 2000, it has become particularly favored among players in the United States, but its usage extends globally.
Overview of the EcoCard Payment Method in the Casino Market
To use EcoCard as a payment method, players need to first create an EcoCard account and load funds onto it. Once this is done, they can then transfer these funds to any online casinos that accept EcoCard as a payment method. The process is straightforward: players simply go to the casino’s cashier, select ‘EcoCard’ from the list of payment methods, enter their EcoCard details and deposit amount, and confirm the transaction. Withdrawals can be made in a similar manner, with the winnings being transferred back to the player’s EcoCard account.
Advantages of Using EcoCard in Online Casinos
Security: EcoCard is renowned for its high security. It acts as a middleman between the player and the casino, thus keeping banking details secure and providing a safer alternative to direct credit/debit card payments.
Speed: EcoCard is known for its fast transaction times, making it a good option for players who want to start playing quickly.
Convenience: EcoCard functions similarly to most eWallets, making it a user-friendly and preferred payment method. Additionally, its prepaid debit card feature allows players to use it not only for gambling but also for making payments in shops.
Global Availability: EcoCard can be used by players from many locations around the world, increasing its accessibility and convenience.
Disadvantages of Using EcoCard in Online Casinos
Limited Acceptance: While EcoCard is widely accepted by online casinos, not all of them list it as a payment method. Players may need to have an alternative payment method on hand.
Potential Fees: Some transactions made with EcoCard may incur fees, although these are usually minimal.
The time it takes to carry out transactions with EcoCard can vary. Deposits are generally processed quickly, often within minutes, allowing players to start playing immediately. However, withdrawal times can be longer and may depend on the casino’s processing times.
In conclusion, EcoCard offers a secure, fast, and convenient payment method that’s available to players from many locations around the world. However, its acceptance at certain casinos and potential transaction fees should be considered when choosing this as a preferred payment method.