Note: US players cannot use EcoCard to make online casino payments.EcoCard is an online payments processor based in the UK and is authorized and regulated by the UK Financial Services Authority. While EcoCard might sound like a like a prepaid debit card, it actually combines e-Wallet services with the ability to withdraw funds using a prepaid card. In the remainder of this review we will look at the registration process, the options for depositing and withdrawing money at EcoCard Casinos, and the associated fees.
Signing up for EcoCard is free. You simply go to the EcoCard website, fill in your personal information and create a username and password. The registration process only takes a few minutes and afterwards you’ll receive a verification e-mail to complete your registration.
You can fund your EcoCard account with your credit card, a bank transfer, or with an electronic funds transfer (Canadian players only). Credit card deposits are charged with a 2.9% fee and electronic funds transfers with a 4.9% fee. Bank wire transfers are free of charge, other than what your local bank might charge you.
Once you got your EcoCard account up and running and funded it, you are ready to make deposits at EcoCard casinos. Making payments to online merchants, including EcoCard casinos, is free of charge.
Like making deposits, withdrawing funds from an EcoCard casino to your EcoCard account is free of charge. Once the money is in your EcoCard account you can choose to make a withdrawal to your bank account, which is charged with a $14 flat fee.
Another option is to request one of the two available MasterCards: the prepaid virtual card and the prepaid debit card. The prepaid debit card can be used at ATMs and points of sale where MasterCard is accepted. Withdrawals made with the prepaid debit card are charged with a 2% fee.
The virtual debit card consists of a 16 digit card number, security code and expiration date. These details can be used at online merchants in the same way you would use a regular credit card. EcoCard charges a 2% fee on the amount you load onto your virtual debit card.