Registration in the EcoPayz system is very simple and takes several minutes. To do it, just visit their official site and click the button “join”. Then follow the instruction. For getting a full access to all the functions you need to undergo verification, which is also rather simple.
How to Deposit Funds to EcoPayz
Like all e-wallet services, EcoPayz is a fully prepaid system. It means that if want to use it for online payments, you need to fill your wallet with money first. There are different options available. The most widely used option is depositing using regular banker cards (debit or credit). When you make a deposit for the first time, you’ll be requested to undergo verification. EcoPayz takes a small sum of money from your card, and you need to enter the amount sent on the site in order to confirm that you are the holder of the card. Beware that for depositing via cards a fee of 2.9 percent is charged.
An alternative method of depositing (popular with Canadian users) is EFT service that allows depositing directly from banks accounts. This method also requires verification, which is identical to that for credit cards. A small sum of money is debited from your account to the wallet, and you need to name the correct amount. After you entered the right figures, the access to your e-wallet is unlocked and you can start using it. The fee for depositing into EcoPayz via EFT is 4.9 %, and for an immediate money transfer – 8.9 %.
Less convenient and more time consuming methods include a regular bank transfer and an international wire transfer.
How to Withdraw Funds from EcoPayz
There are different methods of cash withdrawal from EcoPayz. The simplest one is using either a Webcard from EcoPayz, or a real plastic MasterCard issued by the company. The first one is for online purchases only, while the second one can be used like a usual Mastercard. Both cards allow using funds that are stored in your e-wallet. Both of them are issued for no charge, but you’ll have to pay a service fee determined by EcoPayz.
Alternatively, you can withdraw funds via a bank transfer or international wire transfer. To use these methods you need to provide some information of your bank, such as IBAN or SWIFT. Also beware that you’ll be charged an additional fee of 10 euros for the withdrawal using these methods.